KPMG comment on HMT's COP26 announcement on UK as world’s first net zero financial centre

Kay Swinburne, Vice Chair of Financial Services at KPMG UK, said: 

“This announcement will provide the financial services industry with a valuable set of unified metrics to measure progress towards decarbonisation and it is brave to put a gold standard in place for all companies raising funding.

“We’re pleased to see the UK lead by example by not only establishing the GFANZ initiative, but also expanding private sector commitments and supporting a science based approach to reporting standards.”

 

For further information please contact:

KPMG Media Relations

Tel:  +44 (0) 207 694 8773

Chris Hopper (Citypress)

Mobile: +44 (0)7740 936 746

Email: chris.hopper@citypress.co.uk

 

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 16,000 partners and staff.  The UK firm recorded a revenue of £2.3 billion in the year ended 30 September 2020.

KPMG is a global organization of independent professional services firms providing Audit, Legal, Tax and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.