Environmental, social and governance (ESG)

There is a once-in-a-generation chance for us to bring our planet back from the brink. Are you with us?

A chance for us to bring our planet back from the brink — and into a better future.

As ESG issues continue to mount, the pressure is on for businesses and government leaders to demonstrate that they are well equipped to understand and address key challenges — from climate change, to social inequality, to business transparency and accountability.

At KPMG, we are doing our part with a plan to save the planet. We have committed to a multi-year investment programme to embed ESG at the heart of everything we do. Our actions are underpinned by ESG commitments outlined in Our Impact Plan. Because we understand that sustainable growth is the only way to build successful and resilient businesses, for both our people and our clients.

Bringing together specialised skills and interdisciplinary knowledge from diverse backgrounds, our dedicated team of ESG experts support corporates and the public sector in navigating a complex and ever-evolving climate. Whether your organisation is just beginning its sustainability journey or at an advanced stage, we have the expertise and global insights to help you unlock change.

We power solutions to empower lasting companies and communities on this fragile planet.

Our ESG vision

Turning insights into opportunity for your business, your people and our planet.

Planet

We have pledged to become a net-zero carbon organisation by 2030. We are halving our greenhouse gas emissions and working towards 100% renewable electricity.

People

Inclusion, diversity and equity are foundational to our purpose, values and strategy. In Singapore, close to 60% of our headcount are women. We believe that every person should be treated with dignity and respect at work.

Prosperity

KPMG is investing US$1.5 billion over the next 3 years to focus on a global ESG change agenda and US$125 million on community initiatives. We're starting from the inside out, and empowering our global community to be agents of positive change.

Governance

All Global Board and Singapore leadership members are trained in KPMG’s Code of Conduct and tax policies and procedures, reflecting our commitment to the highest standards of personal and professional behavior in everything we do.

ESG solutions and services

Meeting you wherever you are on your ESG journey, our solutions are designed to help put ESG at the core of your operations.

Develop and implement ESG growth strategies

Design and review ESG frameworks, key performance indicators, policies, processes and reporting frameworks

Build ESG capacity and engagements

Develop and implement ESG and responsible investment strategies

ESG impact funds transformation

ESG project development

Develop and review of green finance frameworks

Conduct green options assessments (e.g. for green bonds and sustainability-linked loans)

Conduct ESG due diligence and valuations

ESG reporting and assurance

Portfolio decarbonisation and target-setting

Financed emissions measurements

Transition financing

Enhance robustness of disclosures to meet regulatory standards, including the Singapore Exchange’s sustainability reporting requirements and the Monetary Authority of Singapore’s Environmental Risk Management Guidelines

Provide support in TCFD, Global Reporting Initiative, SASB, WEF, United Nations’ Sustainable Development Goals reporting

Facilitate ESG impact measurement and value creation

Conduct internal audits and readiness reviews

Provide external assurance (ISAE 3000)

Green and sustainable bond and loan assurance against the International Capital Market Association’s Green Bond Principles, ASEAN Sustainability Bond Standards and Climate Bonds Initiative

Conduct independent greenhouse gas verification, including for the National Environment Agency’s Emissions Report

ESG Banking Centre of Excellence (COE)

Environmental, social and governance (ESG) associated opportunities and risks are becoming more and more relevant for financial institutions. Not only do ESG considerations make sense for the environment, sustainable operations are linked with better economic performance. Banks are therefore concerned not only with their own ESG footprint, but also the ESG risks and opportunities they are subject to as a lender.

Within the real economy sectors in Singapore, challenges persist for businesses as they seek to navigate across the complex ESG landscape. Meanwhile, banks and the wider financial sector face ESG-linked roadblocks in their net zero journeys.

From accessing the relevant insights, scaling innovative solutions providers, facilitating training and incorporating digital ESG solutions, we support banks and the real economy sectors to cut through complexities by connecting them with the right solutions to address their ESG challenges.

The ESG Banking Centre of Excellence (COE) was established to connect banks with real economy sectors and to add value to banks’ decarbonisation efforts with a pointed focus on transition finance, carbon economics, and circular economy. It intends to facilitate a global response from Singapore as a global distributor of excellence through 4 core pillars:

Digital solutions

An ecosystem of digital ESG solutions such as data platforms, digital processes or products that can be deployed modularly to help transform the banking Industry.

Research and insights

Research and analysis function providing insights that are readily consumable and targeted at ESG use cases for banking clients.

Capability and capacity building

An ESG training programme and content provider specialized in the finance sector.

Business Foundry

An ESG Fintech business accelerator (scale box), targeting scale-up businesses who are looking to expand across Asia and other global financial centres.