KPMG to Launch New ESG Digital Solutions for Businesses Around the World

Multinational professional services network KPMG is collaborating with Microsoft to launch a range of innovative new solutions to support businesses with their environmental, social and governance (ESG) issues.

Building on KPMG’s US$5 billion investment in technology, human capital and innovation, as well as an investment to accelerate global digital solutions for ESG issues, these initiatives expand on the existing alliance between KPMG and Microsoft aimed at providing clients with data-driven insights and support – from tracking their environmental impact to implementing more sustainable growth strategies.

The newly launched KPMG Circularity Tracker aims to provide greater depth, helping to automate data collection from diverse sources and perform model-based data calculations.

The Tracker uses standards, regulatory reporting metrics and universally accepted measurement frameworks for circularity performance – including the Circular Transition Indicators (CTI) from the World Business Council for Sustainable Development (WBCSD).

Beyond measuring and tracking circularity at every level of an enterprise, from products and locations to materials and more, KPMG Circularity Tracker also provides comparisons across products and insights on how to reduce primary resource use and waste generation.

KPMG in the US recently launched an ESG and climate data management and analytics solution, which utilises Microsoft Cloud for Sustainability and Microsoft Azure to help clients extract data from multiple sources and integrate it into a centralized hub to gain valuable ESG insights.

Incorporating Microsoft Cloud for Sustainability in the KPMG ESG data and reporting solution will enable clients to leverage high-quality data to make real-time decisions.

“My view is that we’re entering a new stage in the corporate world where boardrooms are taking ESG seriously and want to implement solutions that can reduce environmental impact, while increasing social equity and transparency. Often the biggest barrier to achieving that is a lack of understanding about how to gather genuinely insightful data and how to use that information to deliver positive change, said John McCalla-Leacy Head of Global ESG, KPMG International.

“As KPMG firms enter the next step in our alliance with Microsoft, I’m confident that we, together with KPMG professionals and clients, can move towards a model that empowers business leaders to play a more robust, proactive role in creating a sustainable future that works for all,” McCalla-Leacy added.