KPMG UK has selected FareShare as its new national charity partner. The three-year charity partnership will see the two organisations working together to make sure good food goes to people, not waste. A firmwide vote took place in April this year, with KPMG’s people choosing to tackle the issues of food waste and hunger. This follows a very successful three-year charity partnership with end-of-life charity, Marie Curie, which concluded on 30 September 2024. KPMG UK’s 18,000 people will provide £2 million worth of support to FareShare through fundraising, volunteering, pro…
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Regulatory deadlines loom and only 25% of companies feel ready to have ESG data independently assured: KPMG research
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…
Read MoreOver half of UK consumers prepared to boycott brands over misleading green claims
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…
Read MoreKPMG launches multi-year program to accelerate global solutions for Environmental, Social and Governance issues
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,…
Read MoreKPMG announces it will be net-zero carbon by 2030
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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