KPMG truly shines when our people work shoulder-to-shoulder with each other and our clients to tackle challenges and seize opportunities for better. Every day, we leverage our best people, innovative technology and our collective experience to help businesses, governments, and the communities we serve.
It is my pleasure to present Our Impact Plan Canada 2024.
Elio Luongo
Chief Executive Officer and Senior Partner
KPMG in Canada
Our purpose and values guide everything we do
For over 150 years, KPMG has inspired confidence and empowered change.
Our purpose sits at the heart of everything we do. It compels us to make decisions that create a meaningful impact, take actions that engender trust, and consider the economic, environmental, and social impact of all our activities.
Creating a caring, inclusive, purpose-led and values-driven culture for our people
At its core, KPMG is a people business. When the best people choose to build a career with us, we can all thrive: our clients, our colleagues, our communities, and our planet.
For this reason and more, we prioritize a culture where all our people are inspired to bring their authentic selves to work, supported in all aspects of their careers, and empowered to make impacts in their offices and communities.
Ultimately, our people make the difference.
Current data as of October 1, 2023
Reducing our impact on the environment to build a more sustainable and resilient future
Our planet is at a crossroads. Choosing a healthier and more sustainable path means taking meaningful action on climate change and environmental challenges, both within our firm and the communities in which we live.
Making a net positive impact on our planet is no small mission, but it is one that KPMG has fully embraced. We are developing an approach intended to help us reduce our emissions by 50% as of 2030 by adopting more sustainable practices, strategies, and technologies. We are in the process of developing a Climate Action Plan that will outline our strategy, metrics, and actions, which will be published at the end of 2025.* We are equally driven to support our clients and industry collaborators along their own net-zero and sustainability journeys.
*KPMG in Canada recognizes the importance of establishing a robust transition plan in alignment with leading standards, such as those developed by the IFRS Transition Plan Taskforce and other emerging frameworks like those promulgated by the Canadian Sustainability Standards Board (CSSB). Simultaneously, KPMG International is advancing efforts to finalize a transition plan for member firms globally. KPMG in Canada has consequently revised its timeline and now intends to publish its Climate Action Plan in 2026. For more information, please refer to page 79.
Making a positive and economic impact
In FY23, we continued to make substantial contributions toward societal change and environmental sustainability through our Impact contributions and sponsorships, fundraising efforts, community contributions, and donations focusing on our impact priorities. Our total financial support to the community increased by 26% to $12M since 2022, enabling us to deepen our impact in our communities.
*includes volunteer hours that are firm sponsored and on employees' own time.
**KPMG Foundation numbers include disbursements to support community programs, grants to educational institutions, and disaster and humanitarian relief.
The 2024 ESG update—holding us accountable for progress toward a more sustainable future.
