For the ninth consecutive year, KPMG in Denmark has delivered strong double-digit growth of 23% across Audit, Advisory and Tax. This means that the professional services firm increased its overall revenues from 1,112 million DKK in FY21 to 1,365 million DKK in FY22 – this made us the fastest growing professional services firm in Denmark. We experienced organic growth across all business areas with Advisory accounting for 28%, Audit 11% and Tax 25%.

In a world characterised by volatility and unpredictability, KPMG has a clear role to play: as the challenger of conventions. We believe that our insights-led approach and courage to challenge the status quo are the key factors behind our success in FY22. This result also serves as a strong fundament for 2023, which seems to offer global challenges that will continue to have an impact on our business.

A trusted ESG advisor

In FY22, we started implementing ESG in everything we do. By establishing a new ESG Hub, we are now able to connect people and service offerings across the business even more than before. We excel in using innovative technologies for better and have for instance used our digital edge to help a big shipping company cut down costs for fuel and reduce their CO2 emissions by 10 %.

We have played a vital role as trusted advisors in the opening of the Baltic Pipe and the planning of the Energy Islands in the North Sea. Within Audit, we have upscaled our capabilities within ESG reporting and investor relations, to be able to provide trust to non-financial numbers of the capital markets.

Looking at the societal aspect and our internal efforts, we are happy to have engaged in several initiatives, including Mind Your Own Business, Team Rynkeby and Velkommen Hjem. To support pro-bono work and volunteering, we have decided to increase our pro-bono work per employees in KPMG towards FY26. These hours will be used to support our local communities within societal development leading to higher prosperity. In FY23 we will define the governance surrounding this pledge, to ensure that the hours contribute where most needed and in the best way. 

Our biggest asset – our people

We know that if we want to keep on being successful in supporting and challenging the perspectives of our clients and society, we need to keep investing in our most important asset: our people. Our experts bring valuable insights every day, but we also strive to see our people as individuals, with different needs at different times in their lives and career.

Therefore, we are happy to have introduced one of the industry’s most comprehensive Parent Growth programmes giving, among other things, equal rights to parental leave between parents, offering paid leave on a child’s first, second and third day of illness and covering pension payments if the parents decide to prolong their leave with up to 13 weeks to help mend the “pension gap” between genders.

We have also established a Statsautoriseret Revisor (SR) programme to make it easier to study for state authorised public accountant, without sacrificing family or work-related commitments. It is now, more than ever, immensely clear that it takes our diverse people to provide trust to society and capital markets and work together for better within Advisory, Audit and Tax.

For us it is also important to celebrate the diversity of our employees. This also means creating a safe space for our non-binary LGBTQI+ colleagues to thrive with us. In 2022, and for the third year in a row, we were the proud partners of Copenhagen Pride. Internally, KPMG QueerSpace, our employee-led organisation that focuses on creating an inclusive workplace and equality for all, has focused on further educating our employees on good allyship through videos, newsletters and articles.