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Press Release | 10 February 2021

KPMG unveils Our Impact Plan; shares progress against newly created Stakeholder Capitalism Metrics

KPMG unveils Our Impact Plan; shares progress against newly created Stakeholder....

  • KPMG brings together global organization's environmental, social and governance (ESG) commitments under one umbrella, Our Impact Plan

  • Incorporates roadmap to become net-zero by 2030, commitment to increase inclusion and diversity and to drive sustainable growth for clients and stakeholders

  • Includes progress against newly created Stakeholder Capitalism metrics and specific commitments across four categories: Planet, People, Prosperity and Governance
10 February 2021, Bangkok – 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 organization 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 1.92 MB), which KPMG had a key role in shaping.

KPMG will continue to strengthen its commitments outlined in the plan and improve reporting on our progress in the months and years to come.

Highlights include:

  • Planet: We have pledged to become a net-zero carbon organization by 2030 through reducing greenhouse gas emissions by 50 percent, achieving 100 percent renewable electricity, and offsetting our residual emissions. 
  • People: In 2020, we created a Collective Action Plan, drafted with input and participation from thousands of our colleagues, which will set ambitious goals for workplace diversity and equality. 
  • Prosperity: KPMG’s relationships with UNESCO and other organizations helped us to support people severely impacted by the learning crisis, and through our recently launched KPMG IMPACT network, KPMG firms are supporting clients on their journeys towards sustainability and shaping the future ESG agenda.
  • Governance: In 2020, we updated our global Code of Conduct and refreshed our Values. KPMG firms are also using our position and expertise to help harmonize ESG metrics, which includes our work with the WEF IBC to create the Stakeholder Capitalism Metrics, in addition to having accepted positions at the IIRC, TCFD, Corporate Reporting Dialogue and SASB, among others.

About KPMG International

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. We operate in 146 countries and territories and in FY20 had close to 227,000 people working in member firms around the world.

Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

About KPMG in Thailand

KPMG in Thailand, with more than 2,000 professionals offering Audit and Assurance, Legal, Tax, and Advisory services, is a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.

Our Impact Plan represents the collective environmental, social and governance commitments of independent KPMG firms, affiliated with KPMG International Limited. The data represented in Our Impact Plan is aggregated data from KPMG firms for the 12 months to 30 September 2020 unless stated otherwise. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. Where the term “ KPMG,” “ firm,” “ we” or similar references are used without definition, they are meant to collectively refer to KPMG International Limited and the independent KPMG firms.