• Type: Press release
  • Date: 3/30/2012

KPMG awarded international Sustainable Firm of the Year 

Bucharest, 30 March 2012


KPMG was voted Sustainable Firm of the year at this month’s inaugural industry awards by the International Accounting Bulletin.

Avind Hickman, editor of International Accounting Bulletin, said KPMG was able to demonstrate with hard data how much its corporate social responsibility (CSR) initiatives across the KPMG network had made a difference. “It also showed thought leadership by holding the sustainability summit which has underscored KPMG’s already very strong reputation on sustainability services.”

Lord Michael Hastings Scarisbrick CBE, Global Head of Citizenship and Diversity, who accepted the award said: “I’m absolutely delighted that we have been awarded this globally recognized award of Sustainable Firm of the Year. KPMG and its member firms around the world take the challenge and responsibility of being fully engaged global citizens very seriously. We recognize a special obligation to be engaged in the problems of the world’s poorest people, and we’re passionate about reaching across borders and being at the forefront of bold, fresh ideas to build strong and sustainable communities. I am so proud of the passion and commitment by our people around the world.”

Judges singled out KPMG for recognition as the only professional services organization at a global level to participate in the supply chain program of the Carbon Disclosure Project. They also praised the fact that KPMG has reduced its global carbon emissions by 29 percent since 2007 and the high-profile global business sustainability summit “Business Perspectives on sustainable growth: preparing for Rio+20” held recently in collaboration with the UN Global Compact, United Nations Environmental Program and the World Business Council on Sustainable Development.

Yvo de Boer, KPMG’s Special Global Adviser on Climate change said: “This award acknowledges KPMG’s goal to ’walk the talk’ and help clients to turn the risks of climate change and resource constraints into opportunities. Opportunities that benefit not just businesses, but contribute to our communities and society.”

Competitors were assessed on a broad range of sustainability criteria, allowing KPMG to present comprehensive data on key initiatives such as its Carbon Disclosure Project reporting, work with the Global Green initiative, its internal volunteering BRIGHT program, work with the Sustainable Benchmarking Alliance and its thought leadership shown through the global business Summit.

KPMG Romania has launched its own “Green Policy” in 2007, a firm wide commitment to environmental protection. “KPMG Romania is committed to integrating environmental best practice into its business activities, reducing and recycling the amount of waste we generate, reducing the natural resources we consume, and our carbon footprint”, states Serban Toader, Senior Partner of KPMG Romania

Being one of KPMG participating firm in Global Green initiative, KPMG Romania achieved 22% reduction of its net GHG emissions/FTE in the period 2008-2010. The GHG emissions reduction was mainly achieved due to organizational issues implemented in relation to electricity consumption and heating management.

“We have implemented and certified an advanced environmental management system according to ISO 14001 requirements to manage and mitigate our environmental impact. This represented an important step, demonstrating our awareness and responsible commitment to environmental protection. As a local firm, we have actively contributed to KPMG international achievements on this important goal,” commented Geta Diaconu, Director, Sustainability Advisory, KPMG Romania.

Media Enquiries

Maria Stancu

Marketing Director


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