KPMG: Our Impact Report 2023

For us as a company, sustainability has two closely interlinked dimensions: On the one hand, we are pursuing the goal of driving our own transformation into a more sustainable company. On the other hand, as a leading auditing and consulting firm, our range of services makes an important contribution to creating trust in society and making the economy more sustainable. As a Purpose Driven Transformation Partner, we support our clients with our technological and sustainable perspective in the market to transform their business and work towards a climate-neutral and social economic future.

The environment in which we all operate has become even more uncertain in the past year. Ongoing climate change, technological disruption, global crises and macroeconomic challenges are increasing the pressure. The transition to a sustainable economy and society requires a concerted effort. We are facing up to this with the transformation of our company and as a partner alongside our customers.

 We made further progress in the four action areas of our sustainability programme Our Impact Plan in the past financial year. Some examples are highlighted below:

In the governance area of action, renewed and expanded partnerships with leading technology companies mark a significant milestone for both our employees and our customers. This collaboration will enable us to utilise the strengths of our versatile business model even better in the future, with increased use of AI and cloud solutions. We also recently launched the KPMG ESG Academy. This will support our clients in integrating sustainable business practices into their corporate culture. The Academy complements our range of services in the area of ESG, in which we advise clients holistically with our technical and regulatory expertise.

In the People area, we support our employees with our new, AI-based learning platform Degreed, among other things. With this platform, we are promoting a flexible and needs-based learning culture in which our employees, with their diverse backgrounds, needs and development goals, can be taken into account and supported with pinpoint accuracy.

In the Planet area of action, we are continuously working to further reduce our CO2 emissions. We are taking responsibility for the remaining portion and are making an additional contribution with the funds from our internal CO2 pricing: by cooperating with the WWF, we want to protect the climate, water and biodiversity as part of two projects in Unganisha, Africa, and Cerrado, Brazil.

In the Prosperity area of activity, we primarily support socially disadvantaged young people with our programmes for equal opportunities education and lifelong learning. 569 employees contributed to this with their personal commitment in the last financial year. We support their time commitment by giving them up to four hours off per month. We are delighted that we were also honoured with first place in this year's Trendence Awards for our pro bono consulting in the "Companies helping people" category.</li

Further advancing our sustainability activities remains our task in the current financial year. We look forward to shaping them with our corporate responsibility and the expertise and commitment of our employees.

KPMG AG Wirtschaftsprüfungsgesellschaft
The Executive Board