For the first time, our 2021 financial year performance is contained in our Impact Report, in what will now be an annual assessment detailing KPMG’s activity to enhance accountability around financial, environmental, social, governance and community benchmarks.
The report represents a step change in transparency for our business, which is critical for building trust in our brand and our profession. It provides markers on how we are performing, what we have achieved, where we need to improve and where we want to be.
As community and market expectations evolve, people quite rightly want to know more about the organisations they are working with. We believe that transparency helps clients, our people and partners, and other stakeholders better understand our values and priorities, laying the foundations for long-term, mutually beneficial relationships.
10 material topics
In this report, we focus our analysis on 10 material topics.
This report has been prepared in accordance with Global Reporting Initiative GRI Standards Core level and the WEF IBC Stakeholder Capitalism Metrics. This gives our stakeholders the opportunity to compare our year-on-year performance.
It also accounts for our progress against our long-standing commitment to the UN Global Compact principles, while delivering against the United Nations Sustainable Development Goals (SDGs) relevant to us. We seek to provide a balanced report that calls out where we are preforming well and where we are dissatisfied with our current position and seek to do more.
Our report covers the activities of KPMG Australia for the financial year to June 30, 2021, unless otherwise stated. It should be read in conjunction with KPMG International’s Impact Plan, launched in January 2021.
The result was the identification of 10 material topics for KPMG in FY21 which represent issues that are significant to stakeholders, and to our business. In this report, we focus our analysis on these 10 topics, which have been organised around four important categories – Planet, People, Prosperity, Governance.
1
Environmental impact
Minimising our negative impacts and creating positive impacts for the environment through our operations, services, supply chain, and the influence we have with our clients. This includes climate change.
2
Diversity & inclusion
Supporting and encouraging diversity, equity and inclusion for all and creating an environment which allows everyone to flourish.
3
Employee well-being
Supporting our employees’ wellbeing, both mental and physical. Providing a safe workplace and the support needed to maintain a healthy life.
4
Employee engagement
Maintaining high levels of employee engagement and acting on opportunities to support our employees.
5
Continuous learning
Supporting our people and the next generation to develop future ready skills. We do this in a way which attracts the right talent to work for KPMG.
6
Impact of our service offerings
Ensuring that the services we offer provide a social value, are aligned to our purpose, and provide a positive impact to our stakeholders.
7
Innovation
Supporting positive change through continuing to innovate alongside our clients and with our broader society.
8
Community impact
Supporting the communities in which we operate.
9
Trust
We build and maintain trust with our clients, our people, and the communities in which we operate by drawing on the highest standards and integrity in how we operate.
10
Supply chain
Ensuring we uphold high standards across our supply chain. This includes leading standards on human rights, bribery and corruption, and the environment.
Our Impact Report represents a step change in transparency for our business, which I believe is critical for building trust in our brand and our profession. The Report provides markers on how we are performing, what we have achieved, where we need to improve and, just as importantly, where we want to be.
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