Commercial, GHG Emissions, Sourcing Renewables - February 2, 2021
KPMG pledges to be net-zero by 2030
KPMG, a global organization of independent professional services firms, announced on Jan. 26 that it has published its first ESG plan. The company’s Impact Plan brings together new and existing ESG commitments under one umbrella. It includes measures such as pledging to become a net-zero carbon organization by 2030 through reducing greenhouse gas emissions by 50%, achieving 100% renewable electricity and offsetting residual emissions.
“The challenges we face in our world were put into the spotlight in 2020, reminding us all that we need to act now to make a difference,” global head of corporate affairs Jane Lawrie said in a statement. “KPMG has already made some important progress, but we know we have a long way to go. Our Impact Plan brings together our collective ESG commitments in one place, allowing us to measure our progress and hold ourselves accountable. We are also in a privileged position working with many global and local organizations, large and small, who are committed to addressing these world issues, and together we can make a real difference. Our Impact Plan reaffirms KPMG’s long-standing commitment to the UN Global Compact principles while delivering against the UN Sustainable Development Goals (SDGs). Over the coming months and years, these commitments will be strengthened and progress will be reported openly.”
KPMG will continue to strengthen its commitments outlined in the plan and improve reporting on its progress in the months and years to come.