乐鱼（Leyu）体育官网

Materiality

Understanding the material topics relevant to our business and our stakeholders.

Two women walking down a staircase
Our approach to materiality

We鈥檙e committed to building a better 乐鱼（Leyu）体育官网. One way we鈥檙e doing that is through our annual materiality assessment, which helps to focus our attention and resources where we can make the largest impact. 乐鱼（Leyu）体育官网 International鈥檚 materiality assessment is a key input to defining our ESG strategy and guiding our reporting.

This year for the first time, we are reporting with reference to the Global Reporting Initiative (GRI) guidance and have used GRI 3 to help shape our approach to our materiality assessment refresh. We re-examined the list of material topics shared in last year鈥檚 Our Impact Plan progress update, taking into consideration recent geopolitical events and changes in our stakeholder and business priorities. Leveraging best practice methodology, and with the support of 乐鱼（Leyu）体育官网鈥檚 ESG Advisory practice, we have taken a four-step approach:

Click below to interact

Step
What we did
Understanding 乐鱼（Leyu）体育官网鈥檚 context
Identifying actual and potential impacts
Assess the significance of the impacts
Prioritize the most important impacts for strategic focus and reporting
Understanding 乐鱼（Leyu）体育官网鈥檚 context

Understanding 乐鱼（Leyu）体育官网鈥檚 context

Gathered data about 乐鱼（Leyu）体育官网 International and our global organization:

  • Who we are, including our Values.
  • What we do and who our clients are.
  • How we create value and impact.
Identifying actual and potential impacts

Identifying actual and potential impacts

Identified the ways in which 乐鱼（Leyu）体育官网 International and our global organization impacts the economy, the environment and society as a whole, and identified whether the impacts are positive or negative, and actual or potential.

Assess the significance of the impacts

Assess the significance of the impacts

Gathered internal and external stakeholder insights to assess the likelihood and significance of the identified impacts. The assessment factored in scale, scope, irremediability and likelihood.

Prioritize the most important impacts for strategic focus and reporting

Prioritize the most important impacts for strategic focus and reporting

Identified the highest priority impacts and shared the results with relevant Our Impact Plan leaders.

Engaging with our stakeholders is a central element of Our Impact Plan approach. We welcome the diverse opinions and contributions of different stakeholder groups, covering all aspects of our business and our geographical footprint, including:

Click below to interact

C-suite — clients and potential clients

C-suite — clients and potential clients

Data from independent trust research conducted annually (May to July 2023) in our eight key markets (Australia, Canada, China, France, Germany, Japan, the UK and the US).

Other external stakeholders

Other external stakeholders

Data from independent trust research conducted annually (May to July 2023), including industry and trade associations, academics, non-governmental organizations and advocacy groups, multilateral organizations, business analysts and investors, and the informed public.

Our People

Our People

Data from the Employee Engagement Index and Employee Trust Drivers from our Global People Survey.

Management

Management

Data on our most significant business risks as prioritized in our Enterprise Risk Management program using our proprietary Dynamic Risk Assessment methodology, as well as a management questionnaire completed by Our Impact Plan community from across the 乐鱼（Leyu）体育官网 network.

Peers

Peers

Review of the topics considered material by our 乐鱼（Leyu）体育官网 firms and our international competitors.

Regulators and standard setters

Regulators and standard setters

Review of the guidance available from the WEF IBC stakeholder capital metrics, GRI, ISSB and the draft ESRS standards.

Our assessment exercise found:

  • All the material topics from FY22 continue to remain relevant for FY23.
  • One of the topics, Environmental Sustainability, was identified as covering a fairly wide range of impacts with varying significance — therefore, for FY23 it has been split into two topics, Climate Change and Biodiversity & Sustainable Operations.
  • Two new topics were also identified — Responsible Supply Chain and Public Policy Engagement.
  • As we refined the methodology in FY23, no topics have been identified as having increased or decreased in significance.
two women looking at data

At 乐鱼（Leyu）体育官网 International, we鈥檙e committed to continuous improvement, refining our methodology as well as reporting on our material topics. We anticipate that our reporting will, over time, transition to align with the new standards set by the International Sustainability Standards Board (ISSB). We continue to disclose and explain how we鈥檝e applied the World Economic Forum International Business Council Stakeholder Capitalism Metrics, as well as reporting with reference to the GRI and against the United Nations (UN) Global Compact Principles.

乐鱼（Leyu）体育官网鈥檚 material topics

Click below to interact

Governance
People
Planet
Prosperity
1. Ethics, integrity and independence

We鈥檙e committed to the highest standards of personal and professional behavior in everything we do. Ethics and integrity are core to who we are and why everyone at 乐鱼（Leyu）体育官网 is responsible and accountable for their conduct.

2. Transparency and accountability

All 乐鱼（Leyu）体育官网 firms are committed to our shared Purpose and Values, professional standards and service quality expectations. Our clear governance and practice management standards help ensure we鈥檙e driving consistency and accountability across our entire global organization.

3. Relevant, quality services in the public interest

We have a fundamental commitment to serve the public interest and build trust. We do this by leading in audit quality, driving responsible tax practices and advising clients on ways in which they can transform their business to help create sustainable value — embedding ESG into client services.

4. Information protection

We have policies, processes and controls in place that address confidentiality, information security and data privacy. We provide and mandate annual training on confidentiality, information protection and data privacy requirements. Our clients and stakeholders entrust us with sensitive information, and we鈥檙e committed to observing applicable laws and regulations and investing in systems to help keep information safe and secure.

5. Purpose, culture and values

We鈥檙e led by our Purpose — to inspire confidence and empower change — and driven by our Values in creating a caring and inclusive culture that provides our people with opportunities to make an impact, solve challenges and tap into their passion for doing work that matters.

6. Public policy engagement

乐鱼（Leyu）体育官网 participates in shaping policy discussions and advocating for meaningful change that allows business, government and society to prosper together.

7. Responsible supply chain

The global depth, breadth and scale of 乐鱼（Leyu）体育官网鈥檚 supply chain has a substantial impact on our ESG agenda and we proactively manage it through our dedicated team of procurement specialists, based in a number of key locations across the globe. We have an ongoing program to drive a more responsible and sustainable supply chain that includes: providing resources to support responsible sourcing decisions, collaborating across geographies to share best practice, driving consistency, and leveraging the knowledge and expertise of our own subject—matter experts鈥� knowledge, particularly in decarbonization and human rights across the supply chain.

Through our global network of supply chain and procurement advisory professionals, we help clients to improve the sustainability of their operations. By bringing together cutting-edge thinking on sustainable supply chain management with leading digital solutions and tools, we help manage and improve the wider impact of supply chains across the globe.

1. Talent attraction, development and retention

By fostering an environment that values continuous learning and development, we empower our people with the tools they need to help them succeed and make their mark. We鈥檙e focused on growth and upskilling our talent with leading technologies and future-proof skills.

2. Inclusion, diversity and equity (IDE)

Unique experiences and perspectives enhance our global organization and help create the drive for a fairer, more equitable society that includes everyone. We鈥檙e committed to embedding and improving IDE — encouraging people to come as they are. Drawing on the experience and capabilities of our People and Change professionals, we also support our clients in meeting their own commitments and targets and, by doing this, help to drive wider impact across the business environment.

3. Health, well-being, workload and job security

To create opportunities for themselves and others, our people should be at their best, both physically and mentally. Our responsibility is to help our people be healthy and to feel secure and supported through the challenges they may face in their personal and professional lives — enabling them to thrive.

1. Climate change

We鈥檙e committed to driving a culture of sustainable practices within our global organization, across our entire business ecosystem including our suppliers, alliance partners, and through the work that 乐鱼（Leyu）体育官网 firms do for clients across the globe. By taking a wider outlook, we aim to drive impact beyond just the boundaries of our business, and help to ensure a healthy planet for generations to come.

2. Biodiversity and sustainable operations

乐鱼（Leyu）体育官网 is actively engaged in fostering a transition toward nature positivity. We are dedicated to influencing positive change in how businesses around the world comprehend and manage their relationship with nature. We are also committed to improving the sustainability of both our own operations and those of our clients.

1. Financial, operational and brand resilience

Through a diverse and multi-disciplinary business model that emphasizes strong and agile processes and practices, we鈥檙e well positioned to remain resilient in increasingly complex and volatile environments — promoting wider economic growth and prosperity.

2. Technology and innovation

Our continual investment in technology and innovation, in collaboration with our alliance partners and other stakeholders, helps ensure that we鈥檙e keeping up with the accelerating pace of technological change, positioning us for future success so we can meet stakeholder expectations and achieve our collective growth objectives. We work side-by-side with clients to help them embrace technological change, improve organizational efficiency, drive increased return on investment and enrich the skills required for a digital world.

3. Impactful community initiatives

We鈥檙e committed to having a positive impact on the communities we serve, and we鈥檙e increasing our investment in a wide range of social initiatives, with an emphasis on education, employment and entrepreneurship for youth and under-represented populations.

Report hub

Download our reports for more detail on 乐鱼（Leyu）体育官网 activities this year, and in previous years.

Read more
report

Contact us

jane lawrie
Jane Lawrie
Global Head of Corporate Affairs
乐鱼（Leyu）体育官网 International
roisin
Roisin Murphy
Head of Global Sustainability (Our Impact Plan)
乐鱼（Leyu）体育官网 International
john mccalla leacye
John McCalla-Leacy
Head of Global ESG
乐鱼（Leyu）体育官网 International
Top Arrow

Top

Throughout this content, 鈥渨e鈥�, 鈥溊钟悖↙eyu）体育官网鈥�, 鈥渦s鈥� and 鈥渙ur鈥� refers to the global organization, to 乐鱼（Leyu）体育官网 International Limited (鈥溊钟悖↙eyu）体育官网 International鈥�), or to one or more of the member firms of 乐鱼（Leyu）体育官网 International Limited, each of which is a separate legal entity.

鈥淩eporting 乐鱼（Leyu）体育官网 Firms鈥� means 乐鱼（Leyu）体育官网 firms in 20 large countries and territories, including member firms whose senior partner is also a Global Board member. These countries and territories are Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Mexico, the Netherlands, Poland, Singapore, South Africa, South Korea, Spain, Switzerland, the UK and the US.

乐鱼（Leyu）体育官网 International Limited provides services and support to, or for the benefit of, 乐鱼（Leyu）体育官网 firms and does not provide professional services directly, or indirectly, to clients. Professional services to clients are exclusively provided by 乐鱼（Leyu）体育官网 firms who remain solely responsible for and liable in respect of these services.

乐鱼（Leyu）体育官网 refers to the global organization or to one or more of the member firms of 乐鱼（Leyu）体育官网 International Limited (鈥溊钟悖↙eyu）体育官网 International鈥�), each of which is a separate legal entity, and/or to 乐鱼（Leyu）体育官网 International Limited. 乐鱼（Leyu）体育官网 International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit kpmg.com/governance.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.