**EY Canada Impact Report 2024 Sets New Ground in Innovation, Inclusion, and Sustainability**
*TORONTO | TRADITIONAL TERRITORIES OF THE MISSISSAUGAS OF THE CREDIT, THE ANISHNABEG, THE CHIPPEWA, THE HAUDENOSAUNEE, AND THE WENDAT PEOPLES*
In a newly released Impact Report for 2024, EY Canada has reaffirmed its commitment to spur innovation, inclusion, and sustainability. The report highlights significant strides made over the past year in integrating cutting-edge technology, fostering inclusive workplaces, and supporting community initiatives.
**Advancing Innovation with EY.ai**
EY Canada has deployed its global AI capabilities, notably the EY.ai platform, evolving it from a simple virtual assistant into a robust, multi-award-winning ecosystem. Designed to enhance operational efficiency, EY.ai now supports 212,000 regular users worldwide. Strategic partnerships with industry giants like Microsoft, ServiceNow, Shopify, and Snowflake have further amplified its capabilities, enabling clients to leverage data more efficiently.
“We’re not just investing in technology, we’re investing in the future of our clients,” shares Alycia Calvert, Chair and CEO of EY Canada. “Our EY.ai platform and strategic alliances drive transformative solutions that deliver real-world impact.”
This initiative underscores the importance of innovation in delivering practical solutions, enhancing not just the business sector but also local communities across Canada, including critical areas like Toronto and beyond.
**Fostering Inclusion and Empowering Employees**
EY Canada’s commitment to inclusivity involves providing over 1,500 learning sessions to facilitate equitable opportunities for employees. These sessions are part of a broader strategy to support diverse needs — including comprehensive menopause guides, fertility treatment coverage, gender-affirming care, and mental health benefits. This reflects a growing recognition of diverse employee needs and wellbeing.
Calvert emphasizes the importance of continuous learning and development. “We believe in fostering sustainable careers for the future by recognizing and responding to everyone’s diverse needs.”
The firm’s Business Resource Groups (BRGs), having grown by 304% in membership year-over-year, play a pivotal role in promoting an inclusive workplace. These employee-led networks foster diversity and provide various professional development and engagement opportunities.
**Community Engagement and Growth**
The EY Ripples program, a cornerstone of EY Canada’s community initiatives, marked a remarkable year by impacting 2.4 million lives and contributing 25,000 volunteer hours to projects in sustainability, education, entrepreneurship, and equity. Additionally, the 30th anniversary of the Canadian EY Entrepreneur Of The Year® Awards was celebrated, highlighting the firm’s dedication to fostering a diverse entrepreneurial ecosystem in Canada.
**Local Impact: Connecting with Communities**
For residents in Toronto and surrounding areas, these community-centric strategies by EY Canada present significant benefits. By encouraging local entrepreneurship and community engagement, EY Canada helps to build a more resilient local economy and society – aligning with the interests of both businesses and individuals.
Emily Howard, a local business leader, observes, “The support from EY Canada in fostering innovation and inclusivity translates into real opportunities for businesses and communities in Toronto, enhancing socio-economic growth.”
**Potential Challenges and Broader Implications**
While the report is overwhelmingly positive, it is crucial to consider the nuanced challenges that might arise. Balancing the expanded benefits and investments with fiscal responsibility remains a key concern for industry watchers.
Dr. Conrad Williams, a business analyst, adds, “The real test will be ensuring that these innovations and programs are sustainable long-term and can weather economic fluctuations.”
**Future Implications for the Community**
Looking forward, the continued integration of AI and sustainable practices promises to deepen EY’s influence, potentially setting a benchmark for other organizations in Canada. The ongoing commitment to innovation and inclusion is expected to create more opportunities for local businesses and foster a culture of continuous improvement.
**Resources for Residents**
Local communities and businesses interested in EY Canada’s initiatives can access resources through community programs and awareness sessions held by the company. For further insights, individuals can contact EY Canada through their official communication channels.
In summation, the EY Canada Impact Report 2024 presents a comprehensive plan that intertwines innovation with social responsibility. As EY Canada continues to influence both clients and communities, its efforts can serve as a significant milestone in shaping an inclusive and sustainable future for all, ensuring local impacts resonate across broader geographies.
