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      The discussion on Environmental, Social  and Governance (ESG) has moved past any concept of whether to act.

      Rather the discussion is how to take action in a way that addresses the expectation of regulators, shareholders and workforce.

      We spoke to 30 industry leaders and surveyed 245 more across grocery, food manufacturing, fashion and beauty, industrials, telco, tech, air travel, investment, energy, and recycling.

      One voice captured the response in a single breath, “I have never seen such rapid change as I have with the ESG cause.”

      Some companies have started action but all concede that they have a long way to go and by 2030 the job of achieving their ESG goals will be far from over.

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      30 Voices on 2030: The ESG Revolution

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      What does ESG look like in 2030?

      • 57%

        of respondents say they are ready to
        deal with implementing their
        environmental priorities today

      • 94%

        of CFO respondents believe
        social will be an important priority
        for their organisation in 2030

      • 43%

        of respondents said complying with
        regulatory change will be one of the top three
        challenges when it comes to ESG

      • in 2030

        the top ESG priorities for organisations will be
        Customer Experience and Technology

      Top ESG priorities in 2030:
      1. Cyber risk and privacy
      2. Customer Experience
      3. Technology
      Key ESG challenges in 2030:

      ✓ Complying with regulatory change

      ✓ Navigating technology complexity

      ✓ Mitigating operational risk

      What our leaders say about shifting from commitment to action

      The challenges are so great, the actions we need to take are so urgent, we must constantly collaborate to find a way through, and we are investing in smaller companies and start-ups to support us.

      Sandra Martinez

      CEO

      Nestle

      For a company to have good ESG practices, its operating model must be fit for purpose...

      James Haslem

      CFO

      ELMO

      Progressive leadership is important. Understanding ESG risks and opportunities is a required skillset

      Sue Brown

      Director of Sustainability

      Worley

      By being a trailblazer for Australia’s First Nations community, we hope that our people will want to come work for us...

      Mitchell Ross

      CEO & Founder

      Muru Office Supplies

      Harnessing the power of strategic and collaborative partnerships allowed us to accelerate innovation and shape more sustainable and equitable outcomes...

      Stephen Smith

      Head of Sustainability

      NBN Co

      Four key areas discussed in the report

      here

      ESG maturity and journey

      In 2030, organisations of all sizes will still be on a journey to ESG maturity while larger companies have progressed further and are more confident than small to medium enterprise peers

      Supply chain and operations

      Cross-sector and whole-of-supply chain partnerships will be the most effective way to solve complex ESG challenges

      Accountability, responsibility and regulation

      In 2030, directors will be personally responsible and accountable for their organisation’s decisions when it comes to environmental, social and governance action

      The ESG workforce

      Soon (if not already) a company’s workforce will influence policy and practice just as much as customers and investors

      Connect with us

      Toni Jones
      Toni Jones

      Corporates Lead, Clients & Markets

      KPMG Australia

      Kristina Kipper
      Kristina Kipper

      Partner in Charge, Mid-Market

      KPMG Australia

      Find out more

      KPMG’s Net Zero Readiness Report analyses the progress of 24 countries as they seek to reduce greenhouse gas emissions that cause climate change.
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      A guide to Australian market practice, key implementation and accounting implications of the use of ESG measures in executive remuneration.
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