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Frontiers in Finance South Africa 2020

Frontiers in Finance South Africa 2020

Frontiers in Finance is our biannual, topical and forward-looking collection of market insights, thought-provoking perspectives and sector-specific discussions for leaders and decision-makers within financial services organizations around the world.

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Frontiers in Finance South Africa 2020

Purpose and profits combined

In this edition of Frontiers in Finance, we focus on an area of rapidly growing importance to the financial services sector — the enviromental, social and governance (ESG) agenda. The topic is only gaining in relevance and significance to the way firms operate in today’s world. However, in the intervening period since work on planning and compiling the publication began, another truly momentous issue has confronted all of us globally, COVID-19.

We have decided to retain our focus on ESG as it is an area that cannot — and should not — be ignored. In fact, COVID-19 exemplifies the interdependent relationship a company has with the community it serves, and highlights the prominent role that impact and key ESG factors have in contributing to the resilience of a business. Jim Liddy, Chairman of KPMG’s Global Financial Services practice, sets out six considerations for financial institutions as they — along with governments, policy-makers and other business sectors — grapple with how to respond to the current situation and what actions to take. 

© 2020 KPMG Services (Pty) Limited, a South Africa private company and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity.  Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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