The Fortune 100 companies are setting a high bar for corporate responsibility, and KPMG is leading the way. Companies like Amazon and Microsoft are prioritizing diversity and inclusion, with Amazon aiming to have a workforce that's 50% women by 2025.
These companies are also making significant strides in sustainability, with Microsoft reducing its carbon footprint by 62% since 2012. They're not just talking about it, they're taking action.
Companies like Walmart and Procter & Gamble are also making a commitment to reducing waste and emissions, with Walmart aiming to power 50% of its operations with renewable energy by 2025.
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KPMG's Recognition
KPMG has been recognized as one of Fortune Magazine's 100 Best Companies to Work For for 18 consecutive years.
The firm's commitment to employee upskilling and development is a key factor in its success. This is evidenced by ongoing efforts to equip professionals with the tools and resources they need to succeed through aIQ.
KPMG's focus on employee well-being is also noteworthy. The firm has implemented innovative approaches to proactively manage burnout, such as the Energy Check-in Initiative.
The firm's Culture Champions Network and efforts to prioritize connection and friendship at work foster an inclusive and supportive work environment.
KPMG's ranking is based on various areas crucial to employees' experience, including trustworthiness, care, fairness during times of crises, physical and emotional well-being, financial health, and community impact.
KPMG has also been recognized for its innovative culture initiatives and employee programs, which have contributed to record levels of engagement.
The firm's chairman and CEO, John Veihmeyer, attributes its success to the professionalism and dedication of its people, as well as its purpose-driven culture.
KPMG's employees share their own stories of higher purpose in the work they do, highlighting the firm's role in historic events and its commitment to doing good.
The firm's culture is evaluated on five key elements: credibility, respect, fairness, pride, and camaraderie. KPMG showed strong results in key areas, including compensation and work/life balance.
Company Culture
KPMG's commitment to employee well-being is evident in its innovative approaches to managing burnout, such as the Energy Check-in Initiative.
The firm has implemented several programs to prioritize connection and friendship at work, including its Culture Champions Network.
Fostering an inclusive and supportive work environment is crucial to KPMG's success, and the firm has made significant efforts to achieve this.
KPMG's Culture Champions Network is a key component of its culture, aiming to promote connection and friendship among employees.
The firm has also prioritized professional development, offering world-class learning and development opportunities both virtually and at KPMG Lakehouse.
Through its aIQ program, KPMG enables professionals to translate the power of AI into better experiences for clients, greater job satisfaction, and more rewarding careers.
KPMG's commitment to employee well-being has led to the implementation of mental health resources, including mental health training for leaders and mental health check-up programs.
The firm has also shown strong results in key areas, including compensation and work/life balance, within its industry.
KPMG's culture is built on values and purpose, with employees putting these values into action to make a positive impact.
Corporate Responsibility
KPMG is committed to achieving its sustainability goals, which include becoming a net-zero business by 2050 and decarbonizing its business by 50% across all scopes by 2030 compared to its 2019 baseline.
The firm has made progress in reducing its carbon emissions, with a 22% decrease in gross carbon emissions by FY2023 compared to its FY2019 baseline year.
KPMG's scope 1 and 2 net emissions decreased by 12% in FY2023 compared to FY2022, while its scope 3 emissions increased by 4% after business travel resumed.
KPMG aims to switch to 100% renewable electricity organization-wide by 2030, with the proportion of renewable energy across its global organization increasing from 79% in FY2022 to 81% in FY2023.
The firm has implemented Internal Carbon Prices (ICPs) from $15 to $85 per tCO2e based on its decarbonization priorities and national economic circumstances.
KPMG works with its suppliers to help them decarbonize and measure progress towards its sustainability goals.
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