KPMG LLP

KPMG LLP, a financial intermediation services provider headquartered in the US, is actively addressing its carbon emissions with significant commitments. For the fiscal year 2024, KPMG LLP reported total global emissions of approximately 298,581,000 kg CO2e. This includes Scope 1 emissions of about 4,036,000 kg CO2e, Scope 2 emissions (location-based) of approximately 14,578,000 kg CO2e, and Scope 3 emissions totalling roughly 279,947,000 kg CO2e.

Looking at the previous year, 2023, total global emissions were approximately 284,482,000 kg CO2e, comprising Scope 1 at about 5,476,000 kg CO2e, Scope 2 (market-based) at approximately 70,000 kg CO2e, and Scope 3 at approximately 263,967,000 kg CO2e. In 2022, total emissions were around 239,114,000 kg CO2e, with Scope 1 at about 6,189,000 kg CO2e, Scope 2 (location-based) at approximately 13,349,000 kg CO2e, and Scope 3 at approximately 221,576,000 kg CO2e. Historical data shows total emissions of about 499,193,000 kg CO2e in 2019, with Scope 1 at roughly 7,687,000 kg CO2e, Scope 2 (location-based) at approximately 17,629,000 kg CO2e, and Scope 3 at about 492,406,000 kg CO2e.

KPMG LLP has established a commitment to achieve net zero greenhouse gas emissions by 2050. More specifically, KPMG LLP has committed to a 100% reduction in absolute Scope 1 and 2 GHG emissions by 2030 from a 2017 baseline year. Additionally, they aim to reduce Scope 3 emissions by 25% over the same timeframe. This is part of a broader commitment, cascaded from KPMG International Cooperative, to reach net zero GHG emissions across the value chain by 2050, which includes reducing scopes 1, 2, and 3 emissions by 90% by 2050 from a 2019 baseline. KPMG also aims to reduce absolute Scope 3 GHG emissions from business travel by 50% by 2030 from a 2019 baseline.