United Kingdom

Details

  • Industry: Power and Utilities
  • Type: Press release
  • Date: 26/02/2013

KPMG ranked 38th out of 2,097 and first among the ‘Big Four’ in second and final Carbon Reduction Commitment table 

  • An improvement of  61 places on KPMG’s previous ranking of 99th in 2011

 

  • The removal of the league table from the CRC scheme ‘severely diminishes’ the reputational driver for carbon reduction although valuable lessons have been learned from it, says KPMG

 

 

KPMG has been ranked 38th out of 2,097 participants, from 99th in 2011 and first among the ‘Big Four’ accountancy firms, in the second and final Carbon Reduction Commitment (“CRC”) table released today by the Environment Agency.

 

The table ranks participants based on their reduction of CO2 emissions.  It is part of the CRC Energy Efficiency Scheme; a mandatory scheme aimed at improving energy efficiency and cutting emissions in large public and private sector organisations.

 

The league table is the main reputation driver of the scheme, which also includes a financial driver (participants pay £12 per tonne of CO2 emitted, which amounts to approximately 8-10% of electricity bills). These drivers aim to encourage organisations to develop energy management strategies that promote a better understanding of energy usage. Organisations within the CRC scheme are responsible for around 10% of the UK’s emissions.

 

The table published today is, however, the second and final to be produced as it will no longer be produced as part of the CRC scheme in the future.

 

Commenting on the CRC table and KPMG’s ranking, Vincent Neate, head of climate change and sustainability at KPMG in the UK, said:

 

“As a participant in the last cross sector CRC league table, we are pleased to be ranked 38th and indeed 17th out of the 1,463 private sector organisations.  This compares well to 99th in the last league table published in 2011 and the change reflects the clear choice we made to invest in energy efficiency, consolidate our property estate, install smart meters and maintain our certification to the Carbon Trust Standard.  

 

“However, it's important to remember that we should not just focus on energy efficiency as there are many other reasons to address sustainability challenges in our business and those of our clients.  Our commitment to reduce our contribution to climate change and improve our resource efficiency informs our strategic decisions. It also helps drive our business in new directions: KPMG’s Climate Change & Sustainability Services team has, over the last 15 years, helped hundreds of companies across the world improve their sustainability performance, through advisory and assurance services.”

 

Commenting on the retirement of the CRC league table, Ben Wielgus, KPMG’s lead CRC advisor, said:

 

“Many will not mourn the passing of the CRC league table.  Certainly it was one of the more controversial aspects of the scheme. However, it is important to remember that it was one of the first attempts ever to nationally rank more than 2,000 diverse and varied organisations.”

 

According to KPMG, valuable lessons have been learned from the scheme.  Ben Wielgus continued:

 

“This scheme has allowed DECC to refine and simplify its approach to reduce the administration on participants and demonstrate on the global stage that the UK is serious about carbon emissions.  Without a league table, the reputational driver from the CRC will be severely diminished and we expect there to be a more varied set of responses to the planned approach of comparing organisations in the scheme based on an intensity measure that they select.  This will rely heavily on the industries themselves to do the comparisons.”

-Ends-

 

For further information please contact:

 

Alison Anderson, KPMG Corporate Communications

T:  0113 254 2980 E: alison.anderson@kpmg.co.uk

 

KPMG Press Office: 0207 694 8773

 

Notes to editors

 

About KPMG:

 

KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 12,000 partners and staff.  The UK firm recorded a turnover of £1.8 billion in the year ended September 2012. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 156 countries and have 152,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  KPMG International provides no client services.

 

 

The energy efficiency and wider sustainability strategy at KPMG in the UK

 

Central to the property strategy at KPMG in the UK is the consolidation of our estate and investment wherein resource efficiency where there is a clear business case. For example:

 

  • KPMG was in the Top 10 list of procurers of green energy in early 2000, supporting the market development of what is now a major industry. Since 2000, 100% of our purchased electricity is from renewable sources, avoiding over 235,000 tonnes CO2 (to December 2012)

 

  • We have an ongoing investment programme into our core estate. For example, the installation of a BMS, other investments and improved monitoring at our London Salisbury Square location have paid for themselves in one year and saved 1.87 million kWh of electricity and 1.89 million kWh of gas annually).

 

  • Key features of our new Headquarter building in Canary Wharf, London include:

 

-       a tri-generation boiler that generates electricity and recycles the resultant heat to warm the building

 

-       energy-efficient chilled beams for air cooling

 

-       Link our internal lighting to daylight – maintaining minimum internal lighting levels whilst switching off perimeter lighting when there is sufficient daylight to light the perimeter zone.

 

 

KPMG’s commitment to carbon management dates back several years:

 

  • Each KPMG employee and suppliers are responsible for adherence to our Environmental Policy, signed in 2000.

 

  • The Corporate Social Responsibility (CSR) Leadership Team, formed in 2006 to tackle climate change matters, and which meets quarterly, defines KPMG’s CSR strategy, makes sure our performance is measured rigorously, and reports back regularly to the main Board. KPMG includes its environmental record in its Annual reports and annually reports its carbon emissions performance against reduction targets through the KPMG website and the annual Carbon Disclosure Programme submission.

 

  • KPMG staff members have volunteered on various environmental projects since November 2006. KPMG has worked with its previous staff charity Barnardo’s, to carry out energy audits at stores across the country and improve efficiency and cut costs. KPMG trained staff members in energy auditing to help with the project.

 

  • Since 2006, KPMG’s Utility Steering Group has continued to set ambitious energy reduction targets and define strategies on how to achieve them.

 

  • In 2007, KPMG’s Engineering team identified the need for a comprehensive preventive planned maintenance programme, which has resulted in plant and equipment running more efficiently, therefore saving energy. They also identified the need for better control of plant operations. As a result, we have installed sophisticated Building Management System in all major offices. When selecting a new office, we prefer BREEAM Excellent rated buildings over others.

 

  • In 2009, our COO launched the Saving for Good campaign, focusing on a number of initiatives on the issue of energy use including:

 

-       Participated in Earth Hour

 

-       Invited our engineering contractor to engage people on energy use  at home and in the office

 

-       Provided advise on energy efficiency to our employees as part of Energy Saving week together with the Energy Savings Trust

 

 

In addition, all staff will receive communications regarding environmental issues throughout their time at KPMG through channels such as induction, intranet and internal communications

 

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