KPMG AG Wirtschaftsprüfungsgesellschaft, commonly referred to as KPMG Germany, is a leading provider of audit, tax, and advisory services headquartered in Berlin, Germany. Established in 1897, KPMG has evolved into a global powerhouse, with a strong presence across Europe and significant operations in major cities such as Frankfurt and Munich. Specialising in sectors such as financial services, healthcare, and technology, KPMG offers a unique blend of industry expertise and innovative solutions. Their core services include risk management, performance improvement, and digital transformation, setting them apart in a competitive landscape. With a commitment to quality and integrity, KPMG has consistently ranked among the top firms in the industry, earning accolades for its client-centric approach and thought leadership. As part of the KPMG International network, the firm continues to drive excellence in professional services, reinforcing its position as a trusted advisor in the market.
How does KPMG AG Wirtschaftsprüfungsgesellschaft'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 Financial Intermediation 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 AG Wirtschaftsprüfungsgesellschaft's score of 52 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, KPMG AG Wirtschaftsprüfungsgesellschaft reported total carbon emissions of approximately 381.7 million kg CO2e. This figure includes 24,745,000 kg CO2e from Scope 1 emissions, 2,287,000 kg CO2e from Scope 2 emissions, and a significant 354,648,880 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (181,606,840 kg CO2e) and downstream leased assets (93,397,920 kg CO2e). KPMG has set ambitious climate commitments, aiming for carbon neutrality in Scopes 1 and 2 by 2030. This goal will be pursued through efficiency improvements, environmentally friendly practices, and investments in carbon removal projects. Since 2019, KPMG has achieved a notable 46% reduction in carbon emissions across both Scope 1 and Scope 2, demonstrating a strong commitment to sustainability. The emissions data is cascaded from KPMG International Cooperative, reflecting the organisation's broader corporate family initiatives. KPMG AG's climate strategy aligns with industry standards, showcasing a proactive approach to addressing climate change and reducing its carbon footprint.
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 24,745,000 |
| Scope 2 | 2,287,000 |
| Scope 3 | 354,648,880 |
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 51% 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 AG Wirtschaftsprüfungsgesellschaft 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.