Banks, insurance companies, private equity and pension funds are the main source of external finance for the European economy. As a result, they can play an important role in closing the investment gap for the transition to a more sustainable economy and the mitigation of climate risks. However, these financial institutions may also be exposed to risks related to unsustainable economic development, commonly known as environmental, social and governance (ESG) risks, including climate change-related risks.
Therefore, ESG issues are becoming increasingly important to the sector and respective stakeholders. The industry itself, clients, regulators and others are becoming more and more aware of the impact and contributions of investments to society.
We identify three key areas that drive the further integration of ESG issues:
KPMG Sustainability supports financial institutions in creating sustainable long-term value for their clients, through managing sustainability risks and profiting from opportunities arising from the transition towards a more sustainable economy.
The services of KPMG cover all aspects of ESG integration: governance, development of strategy and policy, implementation of frameworks and processes, reporting and evaluation. We also provide assurance on the sustainability of information in investment reports and annual reports. Furthermore, we help your organization to become and comply with ESG regulation.
Our network of professionals helps your organization enhance its approach to ESG, whatever your current level of maturity. From responsible investment and ESG due diligence to impact investing and impact measurement.
Please contact Leonie Jesse, +31 20 656 8253 or by email.