Reducing Our Carbon Footprint

Our path to net-zero.

Our sustainability journey

We take a holistic total-firm approach to addressing our most material environmental concern: climate change.

As a global network, KPMG has a clear role to play in a just transition to net zero. In 2020, KPMG International committed to a science-based target (SBT) aligned with a 1.5°C trajectory. The KPMG International carbon-reduction target was validated by the Science Based Targets Initiative (SBTI) in 2021, committing the global network to reduce emissions by 50% by 2030. As a U.S. firm, we are committed to doing our part to meet these targets for our own operations.

Our carbon footprint

 

  

FY19   

FY20

FY21

Scope 1 GHG emissions tCO2e 6,756 4,687 3,449
Scope 2 GHG emissions (location-based)
tCO2e 17,629 20,249 13,680
Scope 3 GHG emissions
tCO2e 758,215 647,544 854,697
Carbon emissions reported tCO2e 782,600 672,480 871,826
Scope 1 and 2 carbon emissions per individual1 tCO2e 0.7 0.7 0.5

1
This represents the reported scope 1 and 2 carbon emissions per individual at KPMG U.S.

Internal price on carbon

As part of our commitment to be net zero by 2030, in collaboration with KPMG International, we have established an internal price on carbon to operationalize sustainable behavior, fund green investments, and account for our carbon impact. This price is used to charge business groups for certain business activities that release carbon emissions.

The fee is designed to fund green investments that decarbonize our operations such as renewable energy, lighting retrofits, technological deployment, energy efficiency measures, and the purchase of high-quality offsets.

Innovating with tools and processes to embed sustainability

  • Engagement emissions calculator
    This tool helps engagement teams model the environmental impact of their client engagements.
  • MyCarbon dashboard                                                                                                                    Our people use this tool to understand their personal carbon footprint from their expensed business travels and compare it with that of others in their role. 
  • Modified air travel policies                                                                                                            We amended certain air travel pre-approval requirements and updated our events and meetings policy to reduce travel for internal meetings. Our air and car travel has decreased 95% since the beginning of the pandemic, and these new tools and policy changes will promote emissions reductions in the future.