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KPMG announces global initiative to reduce carbon emissions by 25%
 
 KPMG, the global network
of professional service
firms providing audit,
tax and advisory
services, has launched a
three-tiered global
approach to help address
the challenges of
climate change named
KPMG's Global Green
Initiative
.
   "KPMG's Global Green
Initiative
is a global
commitment by KPMG
member firms on a very
serious issue," said
Timothy P. Flynn,
chairman, KPMG
International. "Climate
change is now widely
regarded as one of the
most serious challenges
the world faces. It has
reached a tipping point
in global awareness and
demands a global
response."
  
   2010 reduction
target
 
  
   
 
 
 
 
 
 
 Flynn continued, "first,
measuring, reducing and
reporting KPMG's carbon
footprint; second,
supporting environmental
projects to help address
the challenges of
climate change within
our wider commitment to
our communities, and
third, working with our
employees, suppliers and
clients to help them
improve their climate
change impacts.
   "Many KPMG member
firms around the world
have already set out
ambitious climate change
programmes – from
reducing our energy
consumption through
energy-efficient
buildings and finding
alternatives to business
travel, to working with
our business partners
and selected
not-for-profit
organisations on
 
 verifiable and credible
environmental
programme," he added.
  
   Global corporate
citizenship

   Lord Michael
Hastings, KPMG
International's global
head of citizenship and
diversity, added: "We
are committed to
addressing climate
change by acting as good
corporate citizens, and
KPMG's Global Green
Initiative
is a vital
part of KPMG's global
corporate citizenship,
sustainability and
social responsibility
programmes.
   "We observe among our
firms' clients around
the world that the
subject is steadily
moving up their agendas.
They recognise that
climate change has
strategic and financial
 
 implications for their
businesses, presenting
both risks and
opportunities. Business
can, and should, be part
of the solution," he
said.
   "KPMG's Global Green
Initiative
represents a
realistic and attainable
set of goals. We have
utilised the experience
of KPMG's Global
Sustainability Services
network, which has more
than 15 years’
sustainability
experience and provides
services to our firms'
clients on meeting,
managing, and reporting
their carbon emissions,
and of many of our
member firms who have
already made impressive
reductions themselves,"
Lord Hastings added.
  
  
 
    "The principal
ambition of the
Initiative will be to
reduce our member firms'
combined carbon
footprint by 25% by the
year 2010 from a 2007
baseline, through
emission reduction
schemes and the use of
renewable energy," Flynn
said. "In addition, we
will provide our member
firms' employees with
the information and
tools that they need to
improve their own
climate impacts both in
the workplace and at
home.
   "KPMG's Global Green
Initiative
is centred
on three commitments,"
 
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