L-R: Francesca Messini, Sustainability Leader; Bernard David; Tax Leader, Patrick Laurent, Advisory & Consulting Leader; John Psaila, CEO & Managing Partner; Christiane Chadoeuf, Audit & Assurance Leader; Pierre Masset, Operations Leader; Credit: Deloitte Luxembourg

Deloitte Luxembourg has just published its Impact Report together with its financial figures, reporting a gross revenue of €380 million for fiscal year 2021, and citing talent, sustainability and digitalisation as key drivers.

The professional services firm has announced an overall growth rate of 7.5% in gross revenue from continuing operations for the financial year ending 31 May 2021. All three business lines actively contributed to this result with Audit & Assurance up by 7.0%, Advisory & Consulting up by 10.0% and Tax up by 4.6%.

Deloitte’s distinctive multidisciplinary model was once again a key component to securing this year’s excellent growth. With our balanced practices, our firm is well-equipped to respond to uncertainty with confidence. It allows for enhanced services to our clients by offering a transversal approach to their needs and builds cross-firm expertise that is essential to fully grasp complex environments and deliver quality advice, explained John Psaila, CEO and Managing Partner of Deloitte Luxembourg.

As reflected in the 2021 Impact Report, the firm is equally committed to the upskilling and ongoing education of its talent as it is to their mental health and wellbeing. While employees are offered an average of 37 hours of further training per year, the report also outlined the provision of over 470 wellbeing sessions, three additional vacation days and the launch of its "Future of Work" model.

Concurrently, the firm has been assertively recruiting new talent to not only keep up with demand from an ever-growing business, but further demonstrating the firm’s mission to invest in the future and build a sustainable workforce.

“Our success is the result of our talents’ perseverance during a challenging year for all market players”, continued Mr Psaila. “While we set ambitious objectives for our firm, we are convinced that they can only be attained by a sustained emphasis on our people, by empowering them to build fulfilling careers and continuously strengthen their capacity to deliver excellence and succeed as a team”.

For the first time, Deloitte Luxembourg’s 2021 financial results were presented within its annual Impact Report. 

“Today, it is clear that companies have to go beyond financial results and be transparent on the broader impact they have on the societies they live in and the planet in general. With this third edition of our Impact Report, we go one step further in making this ambition a reality and share both the actions that have been taken and the objectives that we have set for ourselves, towards our people, and with our clients”, commented Francesca Messini, Partner and Sustainability Leader at Deloitte Luxembourg.

In fiscal year 2021, as part of its efforts to make a positive impact on the environment and society at large, the firm stepped up its contribution to Deloitte’s "WorldImpact" initiative. This includes on-going support of Jonk Entrepreneuren Luxembourg (JEL), an organisation that encourages and prepares young people to innovate and foster entrepreneurship, collective actions to raise funds in favour of various local associations and participation in "The Climate Fresk", a series of collaborative workshops helping Deloitte employees to take concrete action to tackle climate change.

The complete and interactive edition of the 2021 Impact Report by Deloitte Luxembourg is available at https://www2.deloitte.com/lu/impactreport2021.