Annual Review 2018 - Our impact | KPMG | UK
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Our
impact

Delivering for our clients

Delivering for our clients

Our clients are facing an extraordinary amount of change. For many, this means they’re going well beyond transformation to a period of reinvention. We’re working with them to help them navigate this new, and often unpredictable, landscape with confidence. This means bringing tailored and exciting solutions that help to solve their biggest challenges. We’ve invested in the areas that we know matter most to our clients – technology, market expertise, our people and our international network.

As businesses and economies become increasingly globally integrated, our international network is well-placed to provide advice and support to our clients who are seeking greater global reach and connectivity. Our priority international corridors continue to be between the UK and the US, Germany, Switzerland, Japan and China. In particular we’ve established KPMG UK (Americas) Inc. in New York to drive closer working with the large US clients that are investing heavily in the UK.

We’re combining the best of our firm to bring our clients tailored and exciting solutions. You can explore below some examples of where we’ve collaborated with our clients to deliver real value.

The work we do

Changing the lives of people with HIV

Changing the lives of people with HIV

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Drawing on our strategic, clinical and scientific expertise and networks in the healthcare sector, we worked with ViiV Healthcare to co-design Positive Pathways – an ongoing, transformational programme to share current examples of best practices in HIV care within and across countries.

Helping our clients transform

Helping our clients transform

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Friction-free identification and authentication. Developing tailored workforce capabilities for the Civil Service. Discover more about how we’re helping these clients.

30 voices on 2030

30 voices on 2030

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We spoke to 30 industry leaders – chief executives, regulators, entrepreneurs, associations, technologists and others – to gain a picture of what financial services might look like in 2030.

Brexit and the growth agenda

Brexit and the growth agenda

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For many of our clients, Brexit is just one of the risks they are focused on. Geo-political instability, market volatility, the rising cost of credit, regulation, and a changing demographic landscape are all competing for boardroom attention.

Our digital journey

Technology is a great disruptor. It’s reshaping the way we live our lives and it’s changing the way we do business too.

Digital transformation brings huge opportunities. It’s also enhancing the expertise and content we provide to our clients, helping them to solve some of their most complex problems.

That’s why we’re investing significantly in technology and the relevant training for our people. We also recognise that technology has traditionally been a male-dominated environment and that’s why we’ve introduced the IT’s Her Future programme to recruit more female technology graduates.

Find out more below.

We don’t deliver technology for technology’s sake. We use technology to enhance the expertise we have across our business.

Lisa Heneghan

Our digital journey

IT’s Her Future

Women are seriously outnumbered by men in technology-based professions. Some estimates suggest women make up just 21% of the workforce.

That’s why we launched our IT’s Her Future programme. It’s an initiative designed to attract, empower and develop women, offering them access to the networks and opportunities that can help advance their careers.

Now in its third year, IT’s Her Future has delivered an 11% reduction in the attrition of women in technology roles in our firm. And it’s going from strength to strength.

Read more about the programme.


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Using technology to transform audit

Audit is core to our business – but the way we do it is changing. We want to lead the digital transformation of the audit profession. That’s why we’re making significant investments in technology and the technology skills of our auditors. With new technological advances, we can provide more robust assurance and improve audit quality.

Read more about how we are transforming the way we audit through the use of cutting-edge technology.


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Helping clients navigate the global economy

Technology is enabling businesses to be more global – increasing the interconnectivity between products, value chains and business models. Offices and functions may be spread across locations all around the world, economic activity at those sites may vary depending on the needs of the business, and employees may be required to do more international travel between offices.

By unlocking these new ways of doing business, technology also raises fundamental questions of where and how value should be taxed, and how international businesses can be supported to manage the associated pressures and regulatory complications.

Read more about how we are supporting internationally mobile clients through an innovative new partnership with International SOS.


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Building strategic alliances

We promise to offer our clients the deepest digital expertise. To deliver this promise we work together with global technology giants.

Our established relationship with Microsoft is helping clients realise the value from cloud infrastructure, from data and analytics. And our alliances with Google, AWS and Alibaba are further strengthening our client digital offer.

Read more about how these strategic alliances are delivering for clients.


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Corporate responsibility

We’re passionate about our role in tackling some of the biggest social and economic challenges facing the UK today. We believe that being responsible means being a reliable partner to our clients, providing a supportive workplace for our people, and a force for good in the communities we operate in.

Our corporate responsibility strategy focuses on promoting lifelong learning and increasing numeracy and literacy skills to help drive opportunity.

We want to make a real impact in addressing these issues and our regional footprint is central to ensuring our impact spans the UK.

Corporate responsibility

Our national charity: The NSPCC

As part of our new Corporate Responsibility strategy, we introduced the National Charity programme, giving our colleagues the opportunity to help make decisions about how we engage with our communities and support charitable causes.

The decision of which national charity we would support across the next two years was put into the hands of our colleagues and the NSPCC was chosen. Over the next two years, our aim is to support 300,000 young people and raise £1 million to support the NSPCC’s Speak out Stay safe schools programme and Childline. The life chances of young people are strongly influenced by their earliest years. The NSPCC is one of the UK’s leading charities and works to ensure that children are kept safe, cared for and have access to education and employment opportunities.

We’re working closely with the NSPCC to share our skills and create unique fundraising and volunteering opportunities for our people.


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Waste in our time

Our environment belongs to all of us, and we all have a responsibility to ensure we leave it in a better place for future generations.

At KPMG, we’re keen to play our part. We’re committed to reducing our impact on the environment and using resources more efficiently.

The impact we can make on reducing plastic waste is clear and that’s why we have launched ‘Waste in our time’ – an initiative to reduce plastic waste and increase recycling.

The efforts we have made this year - from rolling out free water bottles for our colleagues, to removing plastic cups and cutlery from our office canteens – is estimated to have eliminated over 6.2 million pieces of plastic waste every year. We’re now working with our suppliers to look at reductions in our supply chains and to reduce purchase of plastic where we can.


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Supporting social mobility through education

We’ve been focused on improving social and economic equality across the UK for over 20 years and are determined to continue to play a hands-on role.

We’re a founding signatory of the Social Mobility Pledge and are incredibly proud to have our efforts recognised by being ranked first in this year’s Social Mobility Employer Index.

On 16th May 2018, we were proud to be the founding corporate partner together with National Numeracy to launch the first ever National Numeracy Day.

By promoting lifelong learning and increasing numeracy and literacy skills, we can help drive opportunity for people from lower socio-economic backgrounds across the UK.


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KPMG Foundation

We believe that every young person deserves the best possible start in life.

For young people living in care or from deprived backgrounds, the opportunity to fulfil their educational potential can slip out of reach.

Too often, children and young people in the UK who’ve been in care or on the edge of the system experience hardship and long-lasting barriers to success.

The KPMG Foundation, an independent charity established by KPMG in the UK in 2001, has the objective of unlocking the potential of disadvantaged children in the UK who’ve not been able to achieve their educational promise.

The Foundation funds and supports projects across the country that focus on early intervention. Since inception, it has provided over £13 million of funding to charitable projects nationwide.


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