Global professional services firm KPMG announced the appointment of Mike Shannon to the newly created role of Global Head of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance. According to the firm, Shannon will be responsible for “embedding and executing on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance as an integral element of KPMG’s overall Global Audit strategy and further embedding ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. as the watermark across the global KPMG organization.”
The announcement comes as companies worldwide are facing increasing pressure from investors, regulators and other stakeholders to provide disclosures relating to ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. initiatives and sustainability plans and progress. Several countries have announced moves towards instituting mandatory climate disclosures, and sustainability reporting standards are rapidly emerging, most notably through the recent establishment under the IFRS of the International Sustainability Standards Board.
The creation of the new ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance role follows the recent initiation by KPMG of a multi-year program aimed at accelerating global solutions for ESG issues, and to support clients in their own sustainability efforts, including plans to invest over $1.5 billion in its initiatives to further embed ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. in the organization and client solutions, and provide ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. training for all of the firm’s 227,000 employees. As part of the KPMG Global ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. plan, the firm said that it aimed to expand its workforce to provide assurance on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. disclosures, and to develop its proprietary audit workflow technology to enable delivery of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. assurance with the same quality and rigor applied to financial audit work.
Shannon has been with KPMG for nearly 35 years, most recently serving as the Global Head of the Chemicals and Performance Technologies practice, and National Audit Industry leader for Chemicals for KPMG in the US. He will report to Larry Bradley, Global Head of Audit, KPMG International.
Bradley said:
“ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance is a key area of investment and focus for organizations across the globe. KPMG professionals can only collectively continue to enhance the trust of investors, stakeholders and the wider society if the information that businesses publicly report is robust and independently assessed. I am confident that Mike will continue to drive KPMG’s ambition and commitment to deliver ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance that can serve the public interest – that is the mission, and one that KPMG professionals are aiming to achieve.”
Shannon added:
“People are the heart of our organization. Across the globe, KPMG firms have skilled professionals who are passionate about ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. and collectively committed to bringing better quality ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. insights to clients and investors. The guidance from the ISSB, and proposed rulemaking from the US SEC, can only help to enhance the quality and consistency of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. data being gathered and reported and should help investors, stakeholders and the wider public digest that information more easily. ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Assurance will be a game-changer, and I am very excited to be continuing to serve clients, enhancing public trust and driving a renewed excitement for the profession that has served me so well over the years.”
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