We鈥檝e made progress in unlocking our organization鈥檚 contribution toward economic and social prosperity, in line with the UN Sustainable Development Goals. To us, prosperity is about what businesses are doing to make a positive contribution to and impact on society and the communities in which they operate 鈥� being a good corporate citizen.
This means we strive to create meaningful employment opportunities; we generate wealth and contribute to the economy through growing our business and paying taxes; we provide services for clients to help them drive sustainability; and we invest in our communities through volunteering and donations.
We take our role in society seriously and are proud of the jobs we create and the careers we develop 鈥� whether it be the people who build a long-term career at 乐鱼(Leyu)体育官网 or the people we develop and enable with professional qualifications in their early careers who then go on to varied roles in the private and public sectors across the world.
In FY22, we brought more than 96,000 new hires into our global organization and created nearly 30,000 net-new roles, investing in our workforce to support growth by adding specialists and subject matter experts at all levels. We face geopolitical uncertainty and a turbulent economic environment, and while continuing to invest in our people, we鈥檒l remain vigilant to ensure our workforce aligns with current and anticipated demand in the market.
乐鱼(Leyu)体育官网 firms overall hired more than 25,000 graduates, representing more than 25 percent of the total new hires throughout the 乐鱼(Leyu)体育官网 organization. These new hires will have the opportunity to benefit from our structured development, including funded professional qualifications and accreditations 鈥� gaining learning for a lifetime. They will have opportunities to make an impact with their work as well as outside of 乐鱼(Leyu)体育官网 through volunteering and community initiatives.
New hires by gender
Financials (FY22, US$ in billions)
Global revenue by function
Global revenue by region
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During continued economic and geopolitical uncertainty, robust numbers and consistent growth were achieved across all functions at 乐鱼(Leyu)体育官网 firms. For FY22, 乐鱼(Leyu)体育官网 reported annual aggregated global revenues of US$34.64 billion 鈥� an increase of 14 percent from FY21.1 Advisory achieved the largest growth increase 鈥� up 19 percent on FY21 across 乐鱼(Leyu)体育官网 firms globally. Tax & Legal2 experienced 10 percent growth while Audit grew eight percent, benefiting from a combination of the investments made in technology and our 乐鱼(Leyu)体育官网 firms鈥� globally connected local knowledge.
Strong revenues promote prosperity: FY22 revenue includes more than 15 percent in locations that the UN categorizes as developing regions, and the growth we saw in these areas exceeded the levels of growth we saw in 乐鱼(Leyu)体育官网 firms across the global 乐鱼(Leyu)体育官网 network. This growth has led to the addition of specialists and subject matter experts at all levels, and as we grow, our ability to strengthen our community support does, too.
Our approach to tax
Our charitable and non-profit support is directed towards organizations and initiatives that meet a compelling community need. We鈥檙e focused on areas where we have a significant presence 鈥� such as education and lifelong learning 鈥� and on programs and initiatives where we can make a meaningful impact.
In FY22, we made significant investments in social impact through our sponsorships, fundraising, contributions to the community and donations, focusing on social impact priorities. Through these investments, we utilize the range of skills within our organization to have a strong impact on those in need, while also using our public voice to support those who are marginalized.
618,000
volunteer and pro bono hours by 乐鱼(Leyu)体育官网 people
鉃�up 28% from FY21
US$0 million
of financial support to local communities
鉃�up 18% from FY21
People of 乐鱼(Leyu)体育官网
乐鱼(Leyu)体育官网 is focused on making significant contributions toward achieving UN Sustainable Development Goal 4 to help ensure inclusive and equitable education for all.
10by30 strategy
In FY22, we made progress on our commitments to economically empower 10 million disadvantaged young people by 2030 through education, employment and entrepreneurship opportunities. 乐鱼(Leyu)体育官网 is delivering on this vision through a framework that will equip students with the skills to succeed in the labor market; support job transition by providing students with knowledge, mentorship and opportunities to access work; and help transform the education ecosystem by upskilling educators and helping to create more effective education institutions.
As part of 乐鱼(Leyu)体育官网鈥檚 ongoing commitment to help young people develop the skills to help them become future-ready, we鈥檙e working with 乐鱼(Leyu)体育官网 firms around the world to support them on their journey toward the world of work.
We鈥檙e continuing to strengthen our global collaboration with UNESCO and rallying behind an initiative we call "IT鈥檚 Her Future" to empower girls and women with technology skills. To scale our reach, we will leverage technology, make donations and expand volunteering and pro bono work.
Case study
Providing disaster relief
In the wake of disasters around the world, whether from wars or natural disasters, vulnerable populations are disproportionately at risk. As a global organization, these issues impact us all. When a crisis hits, we have a responsibility to help where we can:
Ukraine support
- In response to the Russian government鈥檚 invasion of Ukraine, we鈥檝e helped our Ukrainian colleagues and those affected in the region, including their immediate family members, to relocate to safer areas of Ukraine or leave the country if they wished, and supported them financially throughout. With the help of our 乐鱼(Leyu)体育官网 firms and colleagues, 乐鱼(Leyu)体育官网 International and member firms contributed more than US$4.5 million to UNICEF鈥檚 Ukraine Emergency Appeal, helping to provide water and sanitation services, child protection, psychosocial support, health services and emergency cash assistance.
Pakistan support
- 乐鱼(Leyu)体育官网 mobilized to provide critical aid and humanitarian support to affected families as a result of catastrophic flooding and made donations from 乐鱼(Leyu)体育官网 International and member firms and their people of more than US$400,000. Significant efforts by 乐鱼(Leyu)体育官网 in Pakistan, supported by member firms and 乐鱼(Leyu)体育官网 International, continue to be provided to the country as it enters its rebuild phase.
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Our Impact Plan represents the collective environmental, social and governance commitments of independent 乐鱼(Leyu)体育官网 firms, affiliated with 乐鱼(Leyu)体育官网 International Limited. The data represented in Our Impact Plan is aggregated data from 乐鱼(Leyu)体育官网 firms for the 12 months to 30 September 2021 unless stated otherwise. 乐鱼(Leyu)体育官网 International Limited is a private English company limited by guarantee and does not provide services to clients. Where the terms 鈥溊钟悖↙eyu)体育官网,鈥� 鈥渇irm,鈥� 鈥渨e鈥� or similar references are used without definition, they are intended to refer to 乐鱼(Leyu)体育官网 International Limited and the independent 乐鱼(Leyu)体育官网 firms. The financial information set forth represents combined information of the independent 乐鱼(Leyu)体育官网 member firms that perform professional services for clients, affiliated with 乐鱼(Leyu)体育官网 International Limited. The information is combined here solely for presentation purposes. 乐鱼(Leyu)体育官网 International Limited performs no services for clients nor, concomitantly, generates any client revenue.
Throughout this webpage, 鈥渨e鈥�, 鈥溊钟悖↙eyu)体育官网鈥�, 鈥渦s鈥� and 鈥渙ur鈥� refers to the global organization or to one or more of the member firms of 乐鱼(Leyu)体育官网 International Limited (鈥溊钟悖↙eyu)体育官网 International鈥�), each of which is a separate legal entity.
1 14 percent is based on the growth in continuing operations and excludes the FY21 and FY22 revenues from businesses sold or countries from which 乐鱼(Leyu)体育官网 exited during this period. When not restated, the revenue growth is 13 percent.
2 Certain member firms of the 乐鱼(Leyu)体育官网 global organization, including the US firm, do not provide legal services or have 乐鱼(Leyu)体育官网 Law service entities.