Tag: kpmg

Regulatory deadlines loom and only 25% of companies feel ready to have ESG data independently assured: KPMG research

Stuart Mitchell

KPMG’s new report, Road to trust: KPMG ESG Assurance Maturity Index 2023 reveals that as many as 75 percent of companies globally feel they have a long way to go to be ready to have their ESG data assured and meet new regulatory requirements. In a matter of months, the first tranche of mandatory regional and international sustainability reporting standards will come into force. “Being ESG assurance ready means identifying the relevant regulatory framework and having the right metrics with robust systems, processes, controls and governance for collecting and managing…

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Over half of UK consumers prepared to boycott brands over misleading green claims

Stuart Mitchell

Over half (54%) of consumers say that they would stop buying from a company if they were found to have been misleading in their sustainability claims, new research from KPMG in the UK has found. KPMG UK surveyed over 2,000 UK adults on their thoughts around green and sustainable products and technologies[1] to understand how they influence decisions, and whether misleading practices, i.e., ‘greenwashing’[2], were having an impact. The findings highlight that greenwashing is widely recognised by consumers with almost half (45%) stating they had heard of the term, with…

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KPMG launches multi-year program to accelerate global solutions for Environmental, Social and Governance issues

Stuart Mitchell

As part of its ongoing multi-billion-dollar investment program, KPMG plans to spend more than US$1.5 billion over the next three years specifically to focus on the Environmental, Social and Governance (ESG) change agenda. The ESG strategy is designed to support KPMG firms’ clients in making a positive difference. Importantly, this strategy is underpinned by KPMG’s recognition of its responsibility to improve its impact on the world and the ESG commitments outlined in KPMG: Our Impact Plan. The collective investment will focus on training and expanding KPMG’s global workforce, harnessing data,…

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KPMG announces it will be net-zero carbon by 2030

Stuart Mitchell

KPMG has announced its intention to become a net-zero carbon organization by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society.  To underpin this goal, the global organization has signed up to a series of new climate actions, including a 1.5°C science-based target which will focus on achieving a 50 percent reduction of KPMG’s direct and indirect greenhouse gas (GHG) emissions by 2030. Additionally, KPMG firms have collectively committed to:  100 percent Renewable Electricity (RE)…

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KPMG votes to support NSPCC mission to deliver safer and happier childhoods across the UK

Stuart Mitchell

KPMG and the NSPCC are joining forces in an effort to reach hundreds of thousands of primary school children with vital information that will help them have happier and safer childhoods. More than 8,700 staff from the professional services firm KPMG chose the NSPCC to be the company’s national charity over the next two years, a partnership that will form a key part of the firm’s corporate responsibility initiative. Teams of KPMG volunteers will work with the NSPCC to deliver ‘Speak Out. Stay Safe’ assemblies, where primary school children will…

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