KPMG collaborates with Microsoft to launch new ESG digital solutions for businesses around the world
KPMG launches new Circularity Tracker solution, adding to portfolio of solutions built on Microsoft Cloud for Sustainability
KPMG launches new Circularity Tracker solution, adding to portfolio of solutions.
KPMG firms are collaborating with Microsoft to launch a range of innovative new solutions to support businesses on their environmental, social and governance (ESG) journey.
Building on KPMG’s US$5 billion investment in technology, people and innovation, as well as an investment to accelerate global digital solutions for ESG issues, these initiatives expand on the longstanding alliance between KPMG and Microsoft aimed at providing clients with data-driven insights and support – from tracking their environmental impact to implementing more sustainable growth strategies.
KPMG Circularity Tracker
At the core of these new ESG solution offerings is Microsoft Cloud for Sustainability, which helps to unify data intelligence and enable sustainability management for organizations at various stages of their ESG journey. The newly launched KPMG Circularity Tracker aims to provide even greater depth, helping to automate data collection from diverse sources and perform model-based data calculations using standards, regulatory reporting metrics and universally accepted measurement frameworks for circularity performance – including the Circular Transition Indicators (CTI) from the World Business Council for Sustainable Development (WBCSD). Beyond measuring and tracking circularity at every level of an enterprise, from products and locations to materials and more, KPMG Circularity Tracker also provides comparisons across products and insights on how to reduce primary resource use and waste generation.
Ahead of the launch of KPMG Circularity Tracker, KPMG firms around the world are already making use of Microsoft Sustainability Manager. KPMG in Sweden is working with Microsoft to deliver a tech-enabled ESG reporting solution for international forestry group Södra. Södra converts wood raw material into climate-smart products for a global market. The group has been using manual, time-consuming processes to collect, analyze and report on sustainability data. The digital solutions offered by KPMG in Sweden and Microsoft can help Södra spend more time on strategic decision-making and on more detailed analysis and planning.
“KPMG and Microsoft are collaborating and co-creating a solution with us in a unique project that will help support Södra’s climate ambition to be a leader in society's journey towards climate neutrality. Our goal with the new tool is to have sustainability information available for our business decisions in a transparent and timely way. With Microsoft Cloud for Sustainability and KPMG professionals’ business expertise, we are able to take big steps toward achieving those ambitions.”
Cristian Brolin
CDO, Södra
KPMG in the US recently launched an ESG and climate data management and analytics solution, which utilizes Microsoft Cloud for Sustainability and Microsoft Azure to help clients extract data from multiple sources and integrate it into a centralized hub to gain valuable ESG insights. Incorporating Microsoft Cloud for Sustainability in the KPMG ESG data and reporting solution will enable clients to leverage high-quality data to make real-time decisions.
At the heart of KPMG’s global alliance with Microsoft is a shared desire and passion to help businesses do the right thing and deliver on their commitments to be more sustainable. My view is that we’re entering a new stage in the corporate world where boardrooms are taking ESG seriously and want to implement solutions that can reduce environmental impact, while increasing social equity and transparency. Often the biggest barrier to achieving that is a lack of understanding about how to gather genuinely insightful data and how to use that information to deliver positive change. As KPMG firms enter the next step in our alliance with Microsoft, I’m confident that we, together with KPMG professionals and clients, can move towards a model that empowers business leaders to play a more robust, proactive role in creating a sustainable future that works for all.
John McCalla-Leacy
Head of Global ESG, KPMG International
We are pleased to work with KPMG to deliver innovative Microsoft Cloud for Sustainability solutions that help customers unify their data intelligence and gain insights about their overall carbon footprint.
“KPMG Circularity Tracker can enable customers to develop and execute robust strategies to achieve their ESG goals.”
Shelly Blackburn
Vice President, Cross Solutions,
Microsoft
For more information, visit our website.
For media queries, please contact:
Brian O’Neill, Senior Manager, Global External Communications, KPMG International
T: +44 (0)7823 668689
E: brian.oneill@kpmg.co.uk
About KPMG International
KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. KPMG is the brand under which the member firms of KPMG International Limited (“KPMG International”) operate and provide professional services. “KPMG” is used to refer to individual member firms within the KPMG organization or to one or more member firms collectively.
KPMG firms operate in 143 countries and territories with more than 265,000 partners and employees working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. Each KPMG member firm is responsible for its own obligations and liabilities.
KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.
For more detail about our structure, please visit kpmg.com/governance.
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