KPMG Drives ESG Growth in Singapore

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by KnowESG
KnowESG_KPMG ESG capabilities in Singapore
Image courtesy of Freepik

Building on its ongoing efforts, KPMG in Singapore is further reinforcing its commitment to support the growth of companies with a S$50 million investment over the next five years. This also includes building environmental, social, and governance (ESG) capabilities.

KPMG's strategic investment in ESG capabilities and workforce upskilling aims to support businesses as they navigate the evolving regulatory landscape and capitalise on emerging opportunities in sustainable finance and green technology.

KPMG's comprehensive ESG services employ a multidisciplinary approach to support businesses in their transformation and innovation, as well as sustainability reporting, measurement, and assurance needs.

Its commitment is also exemplified by its ESG Centres of Excellence. The ESG Banking Centre of Excellence provides banks and financial institutions with access to digital platforms, data signals, cross-sectoral domain knowledge, and insights from KPMG's global network thereby fostering the growth of the ecosystem. To support net zero aspirations, the KPMG ASEAN Decarbonisation Hub also joins forces with industry players to help businesses on their decarbonisation pathways.

Mr. Ong Pang Thye, Managing Partner, KPMG in Singapore, expressed his confidence in the firm's future direction, stating, "In today's rapidly changing world, companies must prioritise innovation, technology, and trust to stay ahead of the competition and create lasting value. As we prepare for a leadership transition, we remain committed to helping businesses harness the latest technologies while building trust through responsible practices.

"In addition, we will focus on upskilling quality talent to meet evolving demands. Our strategic focus is designed to complement the needs of Singapore's resilient, sustainable, and technologically advanced economy."

Ms. Lee Sze Yeng, Deputy Managing Partner, KPMG in Singapore, commented, "I am honoured to lead KPMG in Singapore into a future where collaboration fuels innovation and progress. Addressing complex business challenges and driving meaningful change requires strategic partnerships that unite the best minds.

"We are committed to enhancing the already flourishing financial services sector and building ESG capabilities for the future. Through this investment, we aim to foster collaboration and empower businesses with cutting-edge tools and resources for transformation and sustainability."

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Source: KPMG

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