Richard Threlfall leads KPMG's ESG practice KPMG Impact
KPMG has appointed a new leader of its ESG business. Partner Richard Threlfall will assume the position of Global Head of KPMG IMPACT alongside his previous role as Global Head of Infrastructure.
Environmental, Social, and Governance (ESG) work refers to the three central factors in measuring the sustainability and societal impact of an investment in a company or business. These criteria help to better determine the future financial performance of companies.
KPMG IMPACT brings together KPMG’s expertise and knowledge from around the world to help businesses, governments, and other organisations address the pressing ESG issues that they and the world in general are facing. As the Big Four professional services firm looks to boost its ESG business ahead of a series of systemic crises – from climate, to economics, to healthcare – it has installed a new leader of KPMG IMPACT.
Richard Threlfall, KPMG’s Global Head of Infrastructure, takes up the new role having spent 16 years with KPMG in the UK. Threlfall has been at the forefront of advocating the importance of businesses working for the good of their communities and the future of the planet, while a release from the firm stated that his experience running Global Infrastructure, his background in government, and his role on the World Economic Forum’s Future Infrastructure Council put him “in good stead to lead this critically important ESG initiative for KPMG.”
KPMG IMPACT teams provide clients with tools and methodologies to help achieve the United Nations Sustainable Development Goals (SDGs). This includes helping KPMG clients to adapt to new and emerging changes to the business landscape; working with organisations to support vulnerable populations while enabling societies and economies to prosper; changing business models to help address climate change and to help clients reduce carbon emissions; devising improved methods, tools and frameworks to better track and measure performance; and integrating ESG in investment and financing processes.
The launch of KPMG IMPACT comes after the consulting and accounting firm also launched a new partnership with the Cambridge Institute for Sustainability Leadership (CISL). The two organisations are now working together closely to make the social and environmental impacts of investments more visible. The core of the collaboration is the development of an online tool that provides insight into the influence of investments on people, the environment and society.
