KPMG China Unveils Comprehensive ESG Report, ‘Our Impact Plan’, After Five Years of Implementation

KPMG China has released its latest ESG report, ‘Our Impact Plan’, which showcases the firm’s progress and achievements in implementing environmental, social, and governance practices over the past five years. The report highlights KPMG China’s commitment to creating a positive impact on the environment, society, and the economy. The firm has made significant strides in reducing its carbon footprint, with a 45% reduction in greenhouse gas emissions since 2017. KPMG China has also implemented various initiatives to promote diversity, equity, and inclusion, including training programs and mentorship schemes. The report also emphasizes the firm’s dedication to community engagement, with over 10,000 hours of volunteer work recorded in 2022. Furthermore, KPMG China has strengthened its governance structure, with the establishment of a dedicated ESG committee to oversee the implementation of its sustainability strategy. The firm has also made significant investments in digital transformation, with the aim of enhancing its service delivery and reducing its environmental impact. The report also highlights KPMG China’s commitment to supporting the United Nations’ Sustainable Development Goals (SDGs), with a focus on SDG 4 (Quality Education), SDG 5 (Gender Equality), and SDG 13 (Climate Action). In addition, the firm has launched various initiatives to promote sustainable practices among its clients and stakeholders, including the development of ESG-related services and products. KPMG China’s ‘Our Impact Plan’ report demonstrates the firm’s dedication to transparency and accountability, with a comprehensive disclosure of its ESG performance and progress. The report also provides insights into the firm’s future plans and strategies for achieving its ESG goals, including the development of a climate resilience strategy and the expansion of its community engagement programs. Overall, KPMG China’s ‘Our Impact Plan’ report sets a new standard for ESG reporting in the industry, demonstrating the firm’s commitment to creating a positive impact on the environment, society, and the economy. The report is a testament to the firm’s dedication to sustainability and its role as a responsible business leader in China. With its comprehensive and transparent approach to ESG reporting, KPMG China is well-positioned to support its clients and stakeholders in achieving their own sustainability goals. The firm’s commitment to ESG practices is also expected to have a positive impact on its business operations, with enhanced reputation, improved risk management, and increased competitiveness. As a leading professional services firm in China, KPMG China’s ‘Our Impact Plan’ report serves as a model for other businesses to follow, demonstrating the importance of integrating ESG considerations into core business operations. The report also highlights the firm’s collaboration with various stakeholders, including governments, NGOs, and industry partners, to promote sustainable development and address pressing social and environmental issues. In conclusion, KPMG China’s ‘Our Impact Plan’ report is a significant milestone in the firm’s ESG journey, demonstrating its commitment to creating a positive impact on the environment, society, and the economy. The report provides a comprehensive overview of the firm’s ESG performance and progress, and serves as a testament to its dedication to transparency, accountability, and sustainability.

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