Net-zero carbon by 2030: Doing what is right

Our global commitment to combat climate change 50 Reduction in our carbon emissions by 2030 1.5 Science Based Target 100 Renewable energy accross all our sites 50 Reduction in business travel locked-in (vs 2019) 500 Engage our largest suppliers to reduce their emissions 200000 Educate and mobi […]

Europe’s new reality: Go digital, go green

This article was originally published on by Jonathan Lavender, Leadership, Global Head of KPMG Private Enterprise and Head of Markets. How scaling up green technology can help put Europe on the road to recovery. Record-high unemployment rates and government support necessary for the survival of some of the largest companies across the globe: this is […]

Reliable sustainability information: the dawn of a new era

Environmental, social, and governance (ESG) data is being used more and more systematically. Why? It’s ultimately down to a shift in investor mindset towards issues like global warming, resulting in (and driven by) initiatives like the European Commission’s Action Plan on Financing Sustainable Growth, which strengthens regulations on sustainability disclosur […]

Sustainability: the new competitive ground for banks

The world to leave behind is one of unsustainable, high-emissions practices. The world to seek is one of global-minded, sustainable development. And the UN, through its Sustainable Development Goals (SDGs) and the Paris Agreement, has put this very large goal into words, actions, and a tangible framework. Certainly, it is the goal of a generation—but it […]

EU gets sustainable about finance: the new legislation explained

On 24 May 2018, the EU published its first batch of legislative proposals on sustainable finance, the first concrete steps of its bold action plan in this area, published earlier in May. With this action plan, the EU has shown its intent to become a world leader in sustainable finance. With all this recent activity, let’s examine the immediate impacts for t […]

Building blocks for a more sustainable financial system

On 31 January 2018, the High-Level Expert Group (HLEG) on Sustainable Finance, set up by the European Commission in December 2016, delivered its final report and recommendations. First and foremost: finance It’s worth stressing that this report is not simply about a tiny share of the market that offers sustainable products and services—it’s about the f […]