CSR and Sustainability Approach of KMPG and Deloitte

Running head: BUSINESS SOCIETY AND THE PLANET
Business Society and the Planet
Name of the Student
Name of the University
Authors Note

1
BUSINESS SOCIETY AND THE PLANET
Executive Summary
This report is the study of CSR and sustainability approach of two different company that
belongs to the same industry. This is a comparison of the sustainability approach of two
reputed professional services company KMPG and Deloitte. Both of the companies are part
of Big four in this industry. Their big names increase their corporate responsibilities. The
report highlights the issues and aspects of their CSR and analyses how successful they are in
their approach to addressing them. Other than the philanthropic part, the companies are also
adopting CSR for their competitive advantages. Therefore, the analysation of the approaches
carries huge importance.

2
BUSINESS SOCIETY AND THE PLANET
Table of Contents
Introduction....................................................................................................................3
Business activities of KPMG and Deloitte.....................................................................3
Issues dealt with in Sustainability Report......................................................................4
Most relevant Sustainable development Goals..............................................................5
Sustainability Phases......................................................................................................7
The extent of stated value reflection..............................................................................8
Understanding Reflection...............................................................................................9
Conclusion......................................................................................................................9
References....................................................................................................................11

3
BUSINESS SOCIETY AND THE PLANET
Introduction
The concept of business is no longer confined within the binary of profit and loss. An
entrepreneur has to maintain a number of aspects related to the business to gain brand equity
and competitive advantages. CSR is one of the processes that help the company to connect
with the society or community around them and serve their responsibility against the
environment and society. CSR has become one of the important parts of industry operations.
A strategic CSR and sustainability goal development could not only give the company a
positive reputation, but it is also instrumental in attracting the interest of the investors. The
modern trend of business indicates that the company that has a well-build CSR policy is
considered well prepared for market challenges. The responsibility of a company towards the
society, people and the environment is recorded in the internal policies of the company
named as CSR policies. In this report, the sustainability issues and CSR policies of two
companies- KMPG and Deloitte would be discussed and compared.
Business activities of KPMG and Deloitte
KMPG and Deloitte both are part of the professional services industry. These
companies are also part of the famous Big Four along with Ernst and
PricewaterhouseCoopers (PwD).
KMPG operates on a multinational platform in the industry of professional service
networks. It is a Swiss cooperative that has headquarters in Zug, Switzerland and
Amstelveen, Netherlands. The company employs more than 207000 people in its operational
branches. The mother company was founded in 1987. The company is a merger of Peat
Marwick International and Klynveld Main Goerdeler. The company has three service lines-
Audit, tax and advisory. The social performance of this company came into news when it