PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum – Davos 2021

PBEC Board of Director and Corporate Member KPMG unveils its “Global Impact” Plan at virtual World Economic Forum – Davos 2021.

Message from Bill Thomas Global Chairman and CEO KPMG International. “As a firm, we’re driven by our Purpose — to inspire confidence and empower change. And after a year like 2020, our purpose has never been so important. The world faces existential challenges; confidence is shaken and change is needed. A global pandemic. Protests against racial injustice. Rising unemployment and inequality. Not to mention forest fires, floods and other natural disasters linked to climate change. Solutions to these problems require cooperation, collaboration and a willingness to do what is right across all parts of society, including business.

That’s why KPMG is even more determined to make a positive impact on the world. It is our responsibility to help shape and lead on those critical issues facing the world, where our capabilities make a difference.

To create inclusive and fair workplaces, drive sustainable and purposeful growth for our clients, build trust in and harness the power of the capital markets to spur needed innovations, empower the most disadvantaged in our communities and help preserve our planet so future generations can thrive. So, for the first time, in order to hold ourselves to account for these responsibilities, we’ve brought together our firm’s environmental, social and governance (ESG) commitments under one umbrella: Our Impact Plan.

Using our Values as a guide, Our Impact Plan clarifies our commitments and actions across four important categories: Planet, People, Prosperity and Governance. We’ve approached this plan by reviewing our collective commitments including our carbon footprint, renewable energy usage and inclusiveness.

Over the coming months and years, we will look at how to strengthen our commitment in these areas, and work across all of the KPMG global organization to develop the roadmap to implementation. We will report our progress openly, even where we do not currently have the answer, so we can track our progress. And through the everyday work of our firms, we will focus on building trust and delivering growth with purpose – bringing the best of KPMG to help our clients so all our communities can thrive and prosper.

We recognize that we are not perfect and that more needs to be achieved. But if you can’t measure it, you can’t hold yourself accountable for changing it. By seeing things as they are today, we can understand the gap that needs to be filled so we can work towards achieving the future we want. That’s how we change, why we want to share Our Impact Plan with you, and why I’m personally committed to making sure we do get better.

We’re starting to report against the WEF IBC Stakeholder Capitalism Metrics to give our stakeholders a common way of measuring and understanding our year-on-year progress. All of which will help us to achieve sustainable growth with purpose, inspiring confidence and empowering change, reaffirming our long-standing commitment to the UN Global Compact principles, while delivering against the United Nations Sustainable Development Goals (SDGs)”.