As a signatory of the UN Principles for Responsible Investment (PRI), a Nordic asset manager wanted to make sure it was delivering on its responsible investment promises and commitments. KPMG ESG (environmental, social and governance) asset management professionals in Sweden and Finland assessed the client's existing ESG systems, controls and reporting.
This involved reviewing and evaluating the company's ESG documentation and speaking with certain staff members to understand what processes were currently in place, how these were being implemented, and who was accountable.
The research identified significant opportunities for improvement in the company's ESG accountability structure and processes, and its ESG reporting. Based on these findings, KPMG professionals made recommendations including how to increase the quality and credibility of the client's ESG reports. With KPMG's support, the client was better able to take corrective action to improve its ESG processes and reporting.
Tomas Otterström, KPMG in Finland and KPMG in Sweden.