Our Impact Plan Canada 2024

The 2024 update of our environmental, social and governance (ESG) commitments—holding us accountable for progress toward a more sustainable future

The 2024 ESG update—holding us accountable for progress toward a more sustainable future

04 June 2024

3 min read

Governance | People | Planet | Prosperity | Report hub

A message from our CEO

KPMG truly shines when our people work shoulder-to-shoulder with each other and our clients to tackle challenges and seize opportunities for better. Every day, we leverage our best people, innovative technology and our collective experience to help businesses, governments, and the communities we serve.

It is my pleasure to present Our Impact Plan Canada 2024.

Elio Luongo
Chief Executive Officer and Senior Partner
KPMG in Canada

Our highlights at a glance

Measuring our progress to creating long-term value and building a more sustainable future.

Board of Directors comprised of 41% women | 24% people of colour
Management Committee comprised of 43% women | 14% people of colour
Launched global ethical decision-making framework: Consider, Assess, Respond, Evolve (CARE)
Evolved Trusted AI with trustworthy, values-led, and human-centric approach

Launched KPMG's Disability Inclusion Action Plan
Achieved representation of 5.2% people with disabilities | 4.5% Black people | 0.8% Indigenous Peoples
Achieved 33% representation of women in partnership, ahead of our 2025 target
Increased mental health benefits for our people and their family members $3,000 annually

Reduced our carbon emissions by 25% in FY23
Powered KPMG offices using 100% renewable electricity by procuring renewable energy certificates
Joined Environment and Climate Change Canada's (ECCC) Net-Zero Challenge
Supported rewilding and afforestation efforts in Alberta, British Columbia, Saskatchewan and Quebec

10,738 full-time employees in FY23, 3% growth from FY22
$12M in community investments, up 26% since 2022
2,707 KPMG people dedicated 46,835 hours* to volunteering
Five-year $250,000 commitment to programming for Indigenous business students at University of Alberta

*includes volunteer hours that are firm sponsored and on employees' own time

Man with ribbon and lighthouse in background

Governance

Our purpose and values guide everything we do

For over 150 years, KPMG has inspired confidence and empowered change.

Our purpose sits at the heart of everything we do. It compels us to make decisions that create a meaningful impact, take actions that engender trust, and consider the economic, environmental, and social impact of all our activities.

Our purpose

By inspiring confidence in our people, clients and society, we help empower change and lead the way forward.

People

We are a people business. Our people crave opportunities to do meaningful and impactful work while developing a thriving career in an inclusive, diverse and caring culture.

Clients

We stimulate trust and confidence in business. Our clients seek our expertise to help solve their challenges and grow sustainably.

Society

We have a responsibility to build a sustainable future. Society expects a fair, more equitable future for people and our planet.

People

Creating a caring, inclusive, purpose-led and values-driven culture for our people

At its core, KPMG is a people business. When the best people choose to build a career with us, we can all thrive: our clients, our colleagues, our communities, and our planet.

For this reason and more, we prioritize a culture where all our people are inspired to bring their authentic selves to work, supported in all aspects of their careers, and empowered to make impacts in their offices and communities.

Ultimately, our people make the difference.

Diversity of the firm

Current data as of October 1, 2023

Lady with ribbons and water splashng in the background

Planet

Reducing our impact on the environment to build a more sustainable and resilient future

Our planet is at a crossroads. Choosing a healthier and more sustainable path means taking meaningful action on climate change and environmental challenges, both within our firm and the communities in which we live.

Making a net positive impact on our planet is no small mission, but it is one that KPMG has fully embraced. We are committed to reducing our emissions by 50% as of 2030 by adopting more sustainable practices, strategies, and technologies. We are equally driven to support our clients and industry collaborators along their own net-zero and sustainability journeys.

Decarbonization: Our carbon footprint

Our operational greenhouse gas footprint

Decarbonization chart showing our carbon footprint

Person with ribbons and plants and city scape in the background

Prosperity

Making a positive and economic impact

In FY23, we continued to make substantial contributions toward societal change and environmental sustainability through our Impact contributions and sponsorships, fundraising efforts, community contributions, and donations focusing on our impact priorities. Our total financial support to the community increased by 26% to $12M since 2022, enabling us to deepen our impact in our communities.

46,835

volunteer and pro bono hours by KPMG people*

2,707

number of KPMG volunteers

*includes volunteer hours that are firm sponsored and on employees' own time.

**KPMG Foundation numbers include disbursements to support community programs, grants to educational institutions, and disaster and humanitarian relief.

Final thoughts from our Impact Leader

As KPMG Impact Leader, I hear stories every day about the grassroots-level programs and initiatives we’re supporting that make tangible, positive impacts in communities across the country. I am so thankful for the commitment of the people making this happen—our Impact Plan Steering Committee, the National KPMG Impact team, the National Inclusion, Diversity and Equity (ID&E) team, the Executive ID&E Council, Impact Leads across our Canadian offices, our Green Champions, KPMG Foundation stakeholders, our many People Networks—and everyone at KPMG working together to make an impact every day.

Caroline Harvey
Managing Director, Corporate Affairs & Impact Leader
KPMG in Canada