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KPMG expands sustainability services

KPMG expands sustainability services

KPMG Australia today announced it has acquired the business of Action Sustainability Asia Pacific.

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Action sustainability team

L to R: Lisanlu Kri, Vincent Logarzo, Bharat Ravuru, Suzanne Ballard, Anna Cantwell, Alistair Coulstock, Mark Lyster, Jean-Louis Haie

KPMG Australia today announced it has acquired the business of Action Sustainability Asia Pacific which specialises in social and environmental sustainability advisory services, including sustainable supply chains, investments, property and infrastructure.

The boutique consultancy is a leader in helping to evaluate sustainability in businesses, buildings and supply chains using leading international and national standards and an innovative software package. Action Sustainability Asia Pacific also offers a range of sustainability training options from traditional classroom learning to e-learning.

Announcing the deal today, KPMG Australia CEO, Gary Wingrove said: “Action Sustainability Asia Pacific’s social and environmental expertise complements and expands our existing human rights, social impact and sustainability capabilities and builds on KPMG’s acquisition of leading human rights consultancy Banarra four years ago.”

“KPMG continues to invest in supporting our clients to understand and respond to the key issues which will fundamentally shape and impact our shared future,” he said.

Action Sustainability Asia Pacific works with a range of clients across Australia, and will expand KPMG Banarra’s and KPMG’s Sustainability Services’ ability to provide specialist advice to help businesses manage risk and create opportunities for positive impact in the areas of responsible sourcing, finance, sustainability, human rights, ESG management and modern slavery services.

KPMG Banarra’s Global Head of Human Rights Services, Richard Boele explained: “They bring great depth in the built environment and infrastructure sustainability performance areas, as well as complement our human rights, modern slavery and responsible sourcing capability. It’s a great match for us to grow the impact we can have with our clients on societal and global challenges.”

Action Sustainability Asia Pacific Co-founder and Managing Director, Mark Lyster said: “We are so excited to be joining KPMG. It’s very aligned with our purpose of inspiring sustainable business, broadens our service offering to our clients and creates the opportunity for us to have greater impact at scale.”

Based in Sydney the Action Sustainability Asia Pacific team will relocate to KPMG’s Barangaroo premises this month.

The deal has now completed. Terms were not disclosed.

For further information

Whitney Fitzsimmons
KPMG Australia
0448 285 646
wfitzsimmons@kpmg.com.au

© 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. Liability limited by a scheme approved under Professional Standards Legislation.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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