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Business News

Ernst & Young recruits 100 staff worldwide to work in new 'clean tech' division

Ernst & Young has launched a clean energy and technology practice as it seeks to hike its revenues to more than £100m within three to five years.

The professional services firm, which is one of the "big four" accountancy giants, has appointed partner Steven Lang to be the firm's UK & Ireland "cleantech leader".

Mr Lang is charged with setting up, recruiting and coordinating a team of more than 100 people across four operating divisions – advisory services, assurance, tax and transaction advisory services. There will also be "cleantech leaders" located in more than 40 offices worldwide.

Mr Lang said: "Clean technology has been attracting substantial capital over the past few years. This is set to further accelerate as governments seek to ensure that cleantech growth industries are rooted in their economies. To support this we will be recruiting professionals at all levels, from graduates to partners, with specific cleantech experience."