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Global Green Initiative

Global Green Initiative

Our reducing net emission targets

Our reducing net emission targets

In 2008, KPMG International announced the Global Green Initiative (GGI), a commitment to address climate change by focusing on three pillars:

1. Measure, reduce and report KPMG’s global emissions
2. Support environmental projects within our wider commitment to our communities; and advance sustainability
3. Work with our partners, employees, suppliers and clients to help them reduce their climate change impacts.

GGI started with an ambition to reduce our combined greenhouse gas emissions per full-time equivalent (FTE) by 25 percent by 2010. A new target was set in 2011 in Phase II that seeks a further 15 percent reduction in net emissions per FTE by 2015, compared to 2010. Going forward from 2015 to 2020, our global target is a further 10 percent reduction in net emissions per FTE, and 60 percent of our purchased electricity to be generated from renewable energy sources.

Between 2010 and 2015, KPMG exceeded its five-year target for reduction of greenhouse gas emissions, with global emissions going down by 16.6 percent of net emissions per FTE employee, more than the initial target of 15 percent. This result also means a 37.6 percent decrease in net emissions per FTE since 2007.

In Phase III, KPMG China has achieved a 22.75 percent decrease in net emissions per FTE in 2016 against the baseline in 2015.

As of 2016, the GGI transformed to the Global Climate Response (GCR), a refreshed strategy aligned with the Sustainable Development Goals and targets stemming from the Paris Agreement on Climate.

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