High-performing companies are realizing that good governance drives environmental and social responsibility. As organizations continue to adapt to an ever-changing landscape, boards and management must prepare to address the new dynamics affecting their oversight roles and the governance of their organizations. Boards have responsibilities to steer their organization toward sustainability and ensure the information under their oversight is appropriate, reliable and compliant.
While plenty of guidance and information exists, standards and regulations addressing specific areas of responsibility and reporting continue to evolve. Governance covers a wide variety of issues including risk management and internal controls, compliance, data management and controls, executive remuneration, board diversity and competencies, and shareholder rights.
KPMG understands that robust governance frameworks, policies, processes and practices – when implemented in an integrated way, exercised transparently, and across all functions of the business – not only increase efficiency, performance and productivity, but increasingly and more effectively reduce risk.
We also know that good governance underpins the success of an ESG strategy by ensuring that both the people and policies are fit for purpose. KPMG offers services designed to review your governance structures and reporting requirements so that they are effective and efficient — to remove inadequacies and ensure your board and leadership has the required expertise and the appropriate structures in place to deliver valuable and compliant sustainability reporting.
How you run your company is the foundation of strong ESG and without it, your license to operate could be at risk. By reviewing your ESG policies and practices along key financial and sustainability performance measures, KPMG professionals can help you ensure greater accountability, improved decision-making, and stronger compliance — throughout your entire organization.