Guilia Velez
Ernst & Young (EY) is one of the world's largest professional services firms, and travel is an essential part of delivering the service levels their clients expect. As EY and its clients become more global, the overall need to travel will likely increase. However, EY also recognizes that travel is its greatest source of greenhouse gas emissions, contributing 89% of its total carbon footprint. To mitigate this, EY encourages its employees to use alternatives to travel and more sustainable travel options wherever possible. For instance, EY has implemented a flexible work policy, provides remote working technologies, and offers a 'Bikes for Work' scheme. EY also requires approval from leadership and proof of rates for alternative travel.
| Characteristics | Values |
|---|---|
| Alternative travel | Allowed, but requires approval from leadership and proof of rates |
| Reimbursement | EY provides a company AMEX card for expenses |
| Travel expenses | EY covers travel expenses to and from home, meals except lunch, and hotel/flight |
| Sustainable travel | EY encourages the use of alternative and more sustainable travel options |
What You'll Learn
EY offers a company AMEX for travel expenses
As one of the world's largest professional services firms, EY recognises that travel is essential to delivering the service levels their clients expect. However, EY also acknowledges that travel is their greatest source of greenhouse gas emissions, contributing to 89% of their total carbon footprint. As a result, EY encourages its employees to use alternatives to travel and more sustainable travel options wherever possible.
One way that EY helps its employees reduce their carbon footprint is by offering a company AMEX for travel expenses. This allows employees to take advantage of the benefits and perks offered by American Express, which can be used for both personal and work-related travel.
The EY company AMEX offers a variety of travel benefits, such as access to the American Express Global Lounge Collection, which includes over 1,400 airport lounges in more than 650 cities and 140 countries. This means that EY employees can relax and recharge before their flight, whether they are on a business or personal trip.
In addition to lounge access, the EY company AMEX also provides benefits such as statement credits for Global Entry or TSA PreCheck, and incidental air travel fee credits. These benefits can help streamline the travel experience, making it more efficient and convenient for EY employees.
By offering a company AMEX for travel expenses, EY not only provides convenience and benefits to its employees but also reinforces its commitment to sustainability and reducing its carbon footprint.
Seychelles Travel Requirements: Unlocking Island Paradise
You may want to see also
EY encourages alternative travel with a strong culture of flexible working
As one of the world's largest professional services firms, travel is an essential part of delivering the service levels EY's clients expect. However, EY recognises that travel is the greatest source of its greenhouse gas emissions (89% of their total carbon footprint).
On 30 January 2020, EY was the first Big Four organisation to announce its commitment to becoming carbon neutral by the end of 2020. To achieve this, EY is encouraging its people to use alternatives to travel, and more sustainable travel options, wherever possible.
EY offers a range of benefits to support alternative travel, including:
- An increased mileage allowance for staff who car share on business travel
- A 'Bikes for Work' scheme, providing staff with tax-efficient access to a new bicycle and accessories
- A mileage allowance for staff who cycle on business travel
- Interest-free travel season ticket loans
- Secure cycle storage, showers and locker facilities in their buildings wherever possible
- Dedicated travel booking facilities to help staff choose the most appropriate method for their journey
- Hybrid vehicles for taxi services in London
- Employee engagement programmes to increase staff awareness of the impact of travel and available alternatives
EY also offers a flexible vacation policy, providing a flexible work environment with no set number of vacation days per person annually. Additionally, they offer 19 paid holidays, including four-day weekends for Memorial Day, Labor Day and Thanksgiving, and week-long Summer and Winter breaks.
Tips for Traveling on Bridging Visa C: Ensure a Smooth Journey
You may want to see also
EY provides extensive mobile and remote working technologies
As one of the world's largest professional services firms, travel is an essential part of delivering the service levels EY's clients expect. However, EY recognises that travel is also its greatest source of greenhouse gas emissions (89% of their total carbon footprint).
On 30 January 2020, EY was the first Big Four organisation to announce its commitment to becoming carbon neutral by the end of 2020. As part of this initiative, EY is encouraging its people to use alternatives to travel, and more sustainable travel options, wherever possible.
EY also offers a range of other initiatives to reduce travel emissions, such as a mandatory travel policy aimed at minimising travel and encouraging sustainable travel behaviour, an increased mileage allowance for staff who car share on business trips, and a 'Bikes for Work' scheme that provides staff with tax-efficient access to a new bicycle and accessories.
In addition, EY has implemented several measures to support remote work and reduce the need for travel. These include providing interest-free travel season ticket loans, secure cycle storage, showers, and locker facilities in their buildings, and dedicated travel booking facilities to help employees choose the most appropriate method for their journey.
EY also uses hybrid vehicles for taxi services in London and has employee engagement programmes to increase staff awareness of the impact of travel and the available alternatives.
Understanding Florida's Seller of Travel Registration Number
You may want to see also
EY offers a 'Bikes for Work' scheme
As one of the world's largest professional services firms, travel is an essential part of delivering the service levels EY's clients expect. However, EY also recognizes that travel is the greatest source of the company's greenhouse gas emissions (89% of their total carbon footprint). In 2020, EY was the first Big Four organization to announce its commitment to becoming carbon neutral by the end of that year. As a result, EY encourages its employees to use alternatives to travel and more sustainable travel options.
One such initiative is the 'Bikes for Work' scheme, which provides staff with tax-efficient access to a new bicycle and accessories. This cycle-to-work scheme is facilitated by the Green Commute Initiative, which offers bicycles above the traditional £1,000 limit and at a 5% commission. The initiative has gained approval from Ernst & Young, with a review focusing on tax and national insurance arrangements to ensure all contracts are clear and compliant with rules.
The 'Bikes for Work' scheme is available to UK-based EY employees, who can take advantage of the cycle plan for their commute. EY also provides secure cycle storage, showers, and locker facilities in their buildings wherever possible, as well as an increased mileage allowance for staff who cycle on business travel. These initiatives are part of EY's commitment to creating a better working world and building trust with clients, people, and society.
Columbia Adoptions: Unraveling the Parental Travel Requirement
You may want to see also
EY has a mandatory travel policy aimed at minimising travel
As one of the world's largest professional services firms, travel is an essential part of delivering the service levels EY clients expect. However, EY recognises that travel is also the company's greatest source of greenhouse gas emissions (89% of their total carbon footprint).
To address this, EY has a mandatory travel policy aimed at minimising travel. This policy encourages EY employees to use alternatives to travel, and more sustainable travel options, wherever possible. This includes:
- Embracing a strong culture of flexible working and enabling remote work through extensive mobile and remote working technologies, including online meetings, teaming and collaboration tools, file sharing and video conferencing.
- Providing a mileage allowance for staff who cycle or car share for business travel.
- Implementing a 'Bikes for Work' scheme, providing staff with tax-efficient access to a new bicycle and accessories.
- Offering interest-free travel season ticket loans and secure cycle storage, showers and locker facilities in EY buildings.
- Using hybrid vehicles for taxi services in London.
In addition to these initiatives, EY also engages its employees through programmes that increase awareness of the impact of travel and the available alternatives. EY was the first Big Four organisation to announce its commitment to becoming carbon neutral by the end of 2020.
Solo Female Traveler's Guide to Staying Safe in Paris
You may want to see also
Frequently asked questions
Yes, EY allows alternative travel. However, it depends on the client since most travel is billable. Weekend trips or alternative travel are usually fine, but approval from leadership and proof of rates (e.g. screenshots) are required.
Some firms require you to declare alt-travel with a central team, while others don't. It's recommended to speak with people who have been at the firm longer to understand the specific process.
Yes, alternative travel is taxable by law. Some firms are more lax about labeling travel as alt-travel, allowing you to use another designation that may not get reported. It's important to understand the specific policies and procedures of your firm.
