KPMG unveils Our Impact Plan which shares progress against newly created Stakeholder Capitalism Metrics that brings together global organisation’s environmental, social and governance (ESG) commitments under one umbrella.
London – KPMG today published its first global environmental, social and governance (ESG) plan. Our Impact Plan brings together new and existing ESG commitments under one umbrella, focusing on four important categories: Planet, People, Prosperity and Governance.
The plan also catalogues current data across the global organisation and reports against metrics outlined in a report created by the World Economic Forum (WEF) and drafted in consultation with its International Business Council (IBC), titled Measuring Stakeholder Capitalism (PDF 1.93M), which KPMG had a key role in shaping.
KPMG will continue to strengthen its commitments outlined in the plan and improve reporting on its progress in the months and years to come.
KPMG Global Chairman and CEO, Bill Thomas said, “By harnessing our convening power, digital capabilities and expertise, KPMG has an opportunity and responsibility to help shape and lead on some of the critical issues the world faces—doing so is core to our purpose to Inspire Confidence and Empower Change. Now is the time to improve how we do what we do for the better, and we can jumpstart that momentum by measuring our actions, learning from each other, and holding each other accountable. Our Impact Plan is only a start, and we know we need to do more, but it is a step that will help KPMG become an even better organisation.”
Global Head of Corporate Affairs, Jane Lawrie added, “The challenges we face in our world were put into the spotlight in 2020, reminding us all that we need to act now to make a difference. KPMG has already made some important progress, but we know we have a long way to go. Our Impact Plan brings together our collective ESG commitments in one place, allowing us to measure our progress and hold ourselves accountable. We are also in a privileged position working with many global and local organisations, large and small, who are committed to addressing these world issues, and together we can make a real difference.”
“Our Impact Plan reaffirms KPMG’s long-standing commitment to the UN Global Compact principles, while delivering against the UN Sustainable Development Goals (SDGs)”, Lawrie continued, “and over the coming months and years these commitments will be strengthened, and progress will be reported openly.”
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