KPMG, officially known as KPMG International Cooperative, is a leading global network of professional services firms providing audit, tax, and advisory services. Headquartered in the Netherlands, KPMG operates in major regions including Europe, the Americas, and Asia-Pacific. Founded in 1987, the firm has achieved significant milestones, including its consistent ranking among the "Big Four" accounting firms. KPMG's core offerings encompass a wide range of services, such as risk management, financial advisory, and business consulting, distinguished by their commitment to innovation and quality. The firm is recognised for its strong market position, leveraging advanced technology and industry expertise to deliver tailored solutions. With a focus on integrity and excellence, KPMG continues to set benchmarks in the professional services industry.
How does Kpmg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Kpmg's score of 80 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, KPMG reported total carbon emissions of approximately 1,047,000,000 kg CO2e, with Scope 1 emissions at about 24,000,000 kg CO2e, Scope 2 emissions at approximately 23,000,000 kg CO2e (market-based), and significant Scope 3 emissions of around 883,000,000 kg CO2e, primarily from business travel and purchased goods and services. This represents a decrease from 2023, where total emissions were about 1,354,000,000 kg CO2e, with Scope 1 at 28,000,000 kg CO2e and Scope 2 at 28,000,000 kg CO2e (market-based). KPMG has set ambitious climate commitments, aiming for a 50% reduction in direct and indirect greenhouse gas emissions by 2030, with a baseline year of 2023 for Scope 1 and Scope 2 emissions. Additionally, the firm has pledged to achieve net-zero carbon emissions by 2030, significantly ahead of the Paris Agreement timeline. This commitment encompasses all scopes of emissions and reflects KPMG's dedication to sustainability and climate action. The firm has also established a target for a 25% reduction in total emissions against a 2019 baseline by 2022, demonstrating a proactive approach to mitigating its environmental impact. KPMG's emissions data is sourced from KPMG International Cooperative, ensuring consistency and transparency in its reporting.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 66,102,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,287,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 51,532,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
Kpmg's Scope 3 emissions, which decreased by 28% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 53% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kpmg has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
