RVBA-KPMG◇Private

KPMG

Consulting

Tour Eqho·GB

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SBTi Validated1.5°C CDP Listed

Company website

Website

kpmg.co.uk

kpmg.co.uk ↗

Decarbonisation trajectory · all scopes

Scope 1 + 2· base 2020 · 3k tCO2eScope 3· base 2020 · 17k tCO2e

No targets available; showing actuals against baseline.

Headline intensities

Reporting year 2024·Values in USD ($)· normalised from GBP at FY2024 avg rate

Peer cohort: Consulting · lower is better

Revenue intensity

Carbon / $m revenue

8.26tCO2e / $m

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

Top quartile

better than 75% of peers

best 7.74n=12 peersworst 35.5

Operational intensity

Carbon / $m OpEx

35.4tCO2e / $m

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

Below median

better than 32% of peers

best 8.23n=12 peersworst 51.0

Economic intensity

Carbon / $m EVIC

—tCO2e / $m

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

—

Asset intensity

Carbon / $m PP&E + leased

31.2tCO2e / $m

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Top quartile

better than 75% of peers

best 31.2n=12 peersworst 1.3k

Workforce intensity

Carbon / FTE

0.07tCO2e / FTE

Carbon per FTE (full-time-equivalent employee) — the diagnostic measure for people-leveraged businesses where headcount, not capital, drives delivery. Captures the office, energy and travel footprint per person.

Above median

better than 74% of peers

best 0.02n=15 peersworst 0.41

Climate action evidence

11 records · 1 source

Carbon credits retired

70,355 tCO2e

11 retirements · FYNaN–NaN · third-party verified

By credit quality

Nature-based removals14,111 tCO2e(20%)
Avoidance / reductions56,244 tCO2e(80%)

Retirement records(top 8 by volume of 11)

2023 300 MW Solar PV Plant at Bhadla Rajasthan · gold_standard20,735 tCO2e
2022 300 MW Solar PV Plant at Bhadla Rajasthan · gold_standard18,000 tCO2e
2020 GreenTrees ACRE (Advanced Carbon Restored Ecosystem) · acr7,500 tCO2e
2021-01-01 My Son - Hoan Loc Viet Solar Energy Project · verra6,165 tCO2e
2021 GreenTrees ACRE (Advanced Carbon Restored Ecosystem) · acr4,543 tCO2e
2020-09-01 My Son - Hoan Loc Viet Solar Energy Project · verra3,835 tCO2e
2018-01-01 Foz do Chapec√≥ Project · verra3,440 tCO2e
2018-01-01 Foz do Chapec√≥ Project · verra2,145 tCO2e

+ 3 more retirements not shown

Renewable electricity

100 %

Self-reported renewable electricity share, FY2024

Sources

· berkeley_voluntary_registry

Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.

Targets

Near-term

2 targets

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2 + 3Absolute	2019	2030	−50%	1.5°C	−0.0% reductionof −50% target · 0% there	Off track
Scope 2	2019	2030	−100%	1.5°C	insufficient data	—

Long-term

1 target

Scope	Base	Target	Reduction	Alignment	Progress	Status
Scope 1 + 2 + 3	2019	2030	−50%	In corporate strategy	−0.0% reductionof −50% target · 0% there	Off track

⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.

Progress · absolute tCO2e

Scope 1 + 2 trajectory

ActualLinear1.5°C

No target available for this scope.

Scope 3 trajectory

ActualLinear1.5°C

No target available for this scope.

Latest news· last 5 of 33

full news log →

First-year reporting of fugitive emissions (F-gas) in Scope 1
FY24 is the first year reporting Fugitive Emissions (F-gas) in Scope 1. For comparison, fugitive emissions have been included for all years since 2021 in this report. Scope 1 totals from 2021 onwards have been recalculated.
2024
Adoption of IFRS 17 'Insurance Contracts' with restated comparatives
Prior year comparatives have been restated to reclassify certain provisions as insurance contract liabilities on adoption of IFRS 17 (see notes 2 and 20) and to offset amounts due from members previously disclosed as current assets against amounts due to members. No impact on net assets attributable to members.
2024
Achieved 100% renewable electricity target
Achieved ambition of procuring 100% renewable electricity in FY24, originally set as a 2024 target. 100% of electricity is now backed by Renewable Energy Guarantees of Origin (REGOs).
2024
Discussions ongoing for potential merger with Swiss KPMG firm
Discussions are ongoing with the Swiss KPMG firm to explore merging into one firm. A vote on the proposed merger by Equity partners expected mid-2024; if agreed would take effect from 1 October 2024. No commitment reflected in financial statements.
2024
Interim milestone: phase out petrol/diesel company cars by September 2027
Established interim milestones up to 2030 for phasing out of diesel/petrol company fleet. New interim milestone introduced to phase out all existing and old petrol and diesel cars and replace them with hybrid or electric cars by September 2027.
2024