Preface

We at KPMG want to help shape the transition to a sustainable economy and society. That is why we consistently embed sustainability in our business activities. With this year's Our Impact Report, we would like to invite you to discover how far we have come in the 2023 financial year and what we have achieved.

For us as a company, sustainability has two closely interlinked dimensions: On the one hand, we are pursuing the goal of driving our own transformation into a more sustainable company. On the other hand, as a leading auditing and consulting firm, we make an important contribution to creating trust in society and making the economy more sustainable with our range of services. As a Purpose Driven Transformation Partner, we support our clients with our technological and sustainable perspective in the market to transform their business and work towards a climate-neutral and social economic future.

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The environment in which we all operate has become even more uncertain over the past year. Ongoing climate change, technological disruption, global crises and macroeconomic challenges are increasing the pressure. The transition to a sustainable economy and society requires a concerted effort. We are facing up to this with the transformation of our company and as a partner alongside our customers.

We made further progress in the four action areas of our sustainability programme Our Impact Plan in the past financial year. Some examples are highlighted below:

  • In the Governance area of action, renewed and expanded partnerships with leading technology companies mark a significant milestone for both our employees and our customers. This collaboration will enable us to utilise the strengths of our versatile business model even better in the future, with increased use of AI and cloud solutions. We also recently launched the KPMG ESG Academy. This will support our clients in integrating sustainable business practices into their corporate culture. The Academy complements our range of services in the area of ESG, in which we advise clients holistically with our technical and regulatory expertise.
  • In the People area of action, we support our employees with our new AI-based learning platform Degreed, among other things. With this platform, we are promoting a flexible and needs-based learning culture in which our employees, with their diverse backgrounds, needs and development goals, can be taken into account and supported with pinpoint accuracy.
  • In the Planet area of action, we are continuously working to further reduce our CO2 emissions. We are taking responsibility for the remaining portion and making an additional contribution with the funds from our internal CO2 pricing: by cooperating with the WWF, we want to protect the climate, water and biodiversity as part of two projects in Unganisha, Africa, and Cerrado, Brazil.
  • In the Prosperity area of activity, we primarily support socially disadvantaged young people with our programmes for equal opportunities education and lifelong learning. 569 employees contributed to this with their personal commitment in the last financial year. We support their time commitment by giving them up to four hours off per month. We are delighted that we were also honoured with first place in this year's Trendence Awards for our pro bono consulting in the ‘Companies helping people’ category.

Further advancing our sustainability activities remains our task in the current financial year. We look forward to shaping them with our corporate responsibility and the expertise and commitment of our employees.

KPMG AG Wirtschaftsprüfungsgesellschaft
The Management Board

Our commitments and highlights at a glance

Our responsibility

Shaping our business responsibly.

Putting our values at the centre of our actions.

Our voluntary commitments

We act responsibly at all times.

We are leaders in audit quality.

We promote responsible tax practice and advice.

We act in accordance with applicable laws, ethically and in the public interest.

We fight all forms of corruption, including extortion and bribery.

Highlights 2023

ESG Academy for our customers

as a digital learning offer to educate and train customers in the area of sustainability.

97 per cent customer satisfaction

(result at least satisfied)



AI-supported
knowledge and application
platforms

for customised client solutions

Updated

Supplier Code of Conduct

as a guideline for our suppliers

Our responsibility

Creating a supportive, inclusive and value-orientated culture for our employees.

Our voluntary commitments

We offer an inclusive environment that emphasises diversity.

We promote a well-trained and committed workforce.

We are committed to equal opportunities.

We protect the health of our employees.

We create a culture of continuous professional development.

We respect human rights.

Highlights 2023

Introduction of Degreed as a new

AI-supported learning platform

for our employees

Introduction of a screen reader

(reading aid) for more accessibility in the digital space

Round

39% share of women

at the manager and senior manager level

Individual organisation of working hours and place of work through

KPMG fleXwork

Our responsibility

Reducing our environmental impact to create a more sustainable and resilient future

Our voluntary commitments

We will reduce our CO2 emissions by 50 per cent by 2030.

We provide understandable and well-founded information on the effects of climate change.

We strive to accurately understand and improve the impact of our actions on the environment.

Highlights 2023

New

Partnership with WWF Germany

to support two nature conservation projects

Reducing our greenhouse gas emissions

by around 14 per cent compared to the base year 2019

Green electricity

at all our locations

New

Travel expense policy with environmental aspects

as an important criterion in travel organisation

Our responsibility

Make a positive social and economic contribution.

Our voluntary commitments

We promote education and lifelong learning.

We support NGOs through expertise-based pro bono consulting

Highlights 2023

4-hour exemption

per month for the charitable commitment of our employees

1st place at the Trendence Awards

in the category "Companies help people"

9,417 volunteering hours

in the 2023 financial year

1.8 million euros

for donations

  

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