Becoming a Net Zero business

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Our planet

Becoming a Net Zero business

We've committed to becoming a Net Zero business by 2030.

We've set ambitious environmental targets, approved by the Science-Based Targets initiative, to support us in becoming Net Zero by 2030.

Our commitment to improving our environmental performance

Our 10-year environment strategy - which includes ambitious environmental targets approved by the Science-Based Targets initiative - puts us on course to become a Net Zero business across our entire value chain by 2030. We have made bold commitments to use 100% renewable energy across our estate, reduce the carbon impact of our supply chain by doubling the amount of suppliers we collaborate with, and find more sustainable ways for our people to travel.

Read our Carbon Reduction Plan

Our 2020 environmental performance

Our emissions in FY20 dropped by 58% compared to the previous year. While this is partly because of government restrictions and advice to work remotely where possible, our emissions were already on a downward trajectory. Retrofitting energy efficient technologies in our buildings and procuring 85% renewable energy across our offices had already started to make a real impact and led to us achieving certification to ISO50001, the standard for Energy Management Systems, in 2019. But our new ways of working - including a reduction in business travel of over 50% across all modes and reduced use of our offices – have helped us go a step further by exceeding our 10-year emissions reduction target and reducing our carbon emissions by 71% since 2010.

2020
2019
2020 - Scope 1

These are emissions within our direct control and include those from:

  • Diesel, petrol and other fuel used by cars owned by KPMG or leased for six months or more;
  • Natural gas used for space heating and hot water in our premises;

Conversion factors from the UK government's Department for Business, Energy and Industrial Strategy (BEIS) have been used to calculate GHG emissions from other fuel sources such as diesel, petrol, natural gas as well as those from vehicles.

2020 - Scope 2

These are emissions from electricity purchased to power our offices.

We report two different Scope 2 emission values: one using a 'location-based' method and one using a 'market-based' method. The location-based method involves using an average emissions factor that relates to the grid on which energy consumption occurs. This usually relates to a countrylevel electricity emissions factor. The market-based method applies if the company has operations in any markets where energy certificates or supplier-specific information are available. The method involves using an emissions factor that is specific to the electricity purchased. We have reported Scope 2 figures using both the location-based and marketbased methodologies.

We use emission conversion factors as published by BEIS for each respective year of GHG reporting

2020 - Scope 3

Through the development of our Science Based Target, we have conducted an in-depth analysis of our Scope 3 emissions. These are indirect emissions that we do not directly control but that we may be able to influence. Scope 3 emissions reporting include emissions from our suppliers in providing us with goods and services; as well as business travel and indirect supply of fuel (well to tank) and transmission and distribution of electricity.

Purchased goods and services data is reported a year in arrears. Data is obtained through our participation CDP Supply Chain module, an additional service to the CDP Climate Change questionnaire and extrapolated to cover our total supply chain based on supplier spend. This data is reported and validated in the CDP process.

2019 - Scope 1

These are emissions within our direct control and include those from:

  • Diesel, petrol and other fuel used by cars owned by KPMG or leased for six months or more;
  • Natural gas used for space heating and hot water in our premises;

Conversion factors from the UK government's Department for Business, Energy and Industrial Strategy (BEIS) have been used to calculate GHG emissions from other fuel sources such as diesel, petrol, natural gas as well as those from vehicles.

2019 - Scope 2

These are emissions from electricity purchased to power our offices.

We report two different Scope 2 emission values: one using a 'location-based' method and one using a 'market-based' method. The location-based method involves using an average emissions factor that relates to the grid on which energy consumption occurs. This usually relates to a countrylevel electricity emissions factor. The market-based method applies if the company has operations in any markets where energy certificates or supplier-specific information are available. The method involves using an emissions factor that is specific to the electricity purchased. We have reported Scope 2 figures using both the location-based and marketbased methodologies.

We use emission conversion factors as published by BEIS for each respective year of GHG reporting

2019 - Scope 3

Through the development of our Science Based Target, we have conducted an in-depth analysis of our Scope 3 emissions. These are indirect emissions that we do not directly control but that we may be able to influence. Scope 3 emissions reporting include emissions from our suppliers in providing us with goods and services; as well as business travel and indirect supply of fuel (well to tank) and transmission and distribution of electricity.

Purchased goods and services data is reported a year in arrears. Data is obtained through our participation CDP Supply Chain module, an additional service to the CDP Climate Change questionnaire and extrapolated to cover our total supply chain based on supplier spend. This data is reported and validated in the CDP process.