The KPMG: Our Impact Plan
Since the beginning of 2020, and despite the tremendous challenges faced since then, organizations globally have been given the chance to reset, rethink and reshape how to make a positive impact on the world around us, with KPMG firms being no exception.
Our newest publication, ‘KPMG: Our Impact Plan,’ dives into KPMG’s collective environmental, social and governance (ESG) commitments for the coming months and years ahead. Across four important categories – Planet, People, Prosperity and Governance – this plan outlines how we as an organization can do our part in helping to fill the gap and work towards achieving the future we want and hope for. Incorporated into this plan, and specific to Prosperity, is our commitment to driving the debate on Responsible Tax.
A demand for greater transparency
The demand for greater transparency is ever-increasing and the discussion surrounding who pays tax, where, and when, is intensifying. Responding to these developments, KPMG updated and made public our Global Responsible Tax Principles in 2016 and continues to keep them under review. We also launched our Global Responsible Tax Project, which brings together diverse stakeholders to engage in a sustained and robust debate about the issues shaping globalization and taxation (see summaries of recent Responsible Tax roundtables here). Our commitment to Responsible Tax also feeds into our advice to clients, our engagement with regulators and other stakeholders, the arrangements of each KPMG firm, and our respective partners’ tax affairs.
You can read more on our commitment to Responsible Tax and KPMG’s collective commitments to a brighter future by reading ‘KPMG: Our Impact Plan’ here.
Now, as we move through 2021, we look forward to continuing to collaborate with a wide range of stakeholders to address the critical issues facing the world today, from a Responsible Tax perspective and beyond. Stay tuned in the coming months to see the outputs from our next series of Responsible Tax roundtables, which will start with a discussion on tax transparency.
by Chris Morgan
Chris became Head of Tax Policy for KPMG UK in 2011. In this role he was a regular commentator in the press, as well as on radio and TV, led discussions on various representations with HMRC/HMT. In 2014 Chris spearheaded KPMG UK’s Responsible Tax for the Common Good initiative. In September 2016 Chris took on the role of Head of...