For the second consecutive year, Deloitte China has published its Impact Report for Fiscal Year (FY) 2021, which highlights and documents the enterprise’s ongoing, multi-faceted efforts in social development and progress.
The professional service industry magnate, established in London, in 1845, began business in the Chinese market more than seven decades ago and has been keen on positively impacting clients and society, all throughout.
Leaping ahead to 2021, Deloitte China integrated a multidisciplinary model consisting of advisory for auditing, tax & business, management, risk, and finance under a leadership spot within society under China’s Two Centenary Goals, while marking the first year of its 14th Five-year Plan (FYP).
“With the reopening of its economy, and the phased-in implementation of the 14th FYP, long-range goals through the year 2035, and ‘dual circulation’ strategy, Deloitte strives to create value through our professional expertise and promote enterprises’ steady and innovative development as a leading professional services organization,” said Patrick Tsang, CEO of Deloitte China.
Tsang mentioned the hurdles overcome by the local economy due to the Covid-19 global pandemic, reaffirmed the company’s commitment to creating an “Impact The Matters” in the nation, and explained how the FY 2021 Report documents a successful year in three dimensions.
First, the company strove to establish local, innovative ecosystems that centered on digitalization, development, and new technology adaptation in order to deliver eco-friendly, sustainable solutions for clients that also benefit the national economy.
Second, through green solutions and its WorldClimate initiative, Deloitte China held true to its pledge of holding climate change at the top of the company agenda, achieving carbon neutrality in operations and travel in 2020, then following up with purchases of 25,230 tons of GS CERs and 7,175 I-RECs as well as green workplaces that have garnered LEED certification 2 in six local offices.
Lastly, by placing societal impact as its value determinant, the company continues to adhere to Responsible Business Practices that place people first particularly among its own workforce through inclusive, equitable strategies such as “ALL IN” which have resulted in a 60% female staff, with most among the leadership bracket.
The WorldClass Initiative, on the other hand, has led to societal investments of around HKD 27.24 million and almost 1.6 million individuals given opportunities in employment and education, as of FY 2021.
Tsang emphasized that the company is honored to continuously contribute to, and be part of, China’s “journey to fully building a modern socialist country”.
