The four pillars on which the firm centers its plan — People, Planet, Prosperity and Principles of Governance — will continue to guide our ESG strategy and commitments going forward.
Today KPMG U.S. published its 2023 U.S. Impact Plan[1] reporting on progress toward the firm’s environmental, social and governance (ESG) commitments throughout the fiscal year ending September 30, 2022. Last year, the firm celebrated its 125th anniversary, and further strengthened commitments in the areas of people, planet and prosperity through transparency in our Culture, sustainable practices and the governance principles guiding our work.
“Whether we are diversifying our workforce, neutralizing our carbon emissions or working with our clients on their ESG journeys, we are helping to create a more equitable, sustainable society,” said KPMG U.S. Chair and CEO Paul Knopp. “As we tackle some of the most pressing challenges facing our people, planet and society today, we continue to lean on our multidisciplinary business model to meet the rigor of climate reporting disclosures, unlock new opportunities for our people and create value for our clients.”
Key areas that evidence KPMG’s progress toward its ESG commitments:
Last year, the firm announced historic benefit increases for employees, including increased parental leave and a nearly $160 million investment in salary adjustments. KPMG U.S. also became the first of the Big Four accounting firms to set an internal price on carbon.
The four pillars on which the firm centers its plan — People, Planet, Prosperity and Principles of Governance — will continue to guide the firm’s ESG strategy and commitments going forward.
“Amid the changing landscape of climate change and digital transformation, it’s critical that we engender trust by transparently reporting the firm’s progress in our commitments,” said KPMG U.S. Deputy Chair and COO Laura Newinski. “From developing a real estate strategy that hinges on flexibility and sustainability to investing in economic empowerment, health equity and education across the communities where we live and work, our actions align with our purpose to inspire confidence and empower change.”
Learn more about the 2023 KPMG U.S. Impact Plan and commitments at our ESG Digital Hub.
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[1] Data in this report has been prepared with reference to World Economic Forum International Business Council Stakeholder Capitalism core metrics and includes details from our 2023 Audit Quality Report.
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