China is catching up with Asian counterparts in terms of corporate social responsibility (CSR) reporting rates, however the quality of reports still lag behind global standards, according to a survey by KPMG.
KPMG’s Global Energy Institute for the Asia-Pacific region has been officially launched at the inaugural KPMG Global Energy Conference – Asia Pacific in Singapore. The conference brought together regional business leaders in the energy sector, along with members of government and academia to deliver insights on emerging energy trends, challenges and strategies in the sector.
A global survey of 250 heads of sustainability conducted by independent analyst firm Verdantix found that, in 2012, the highest brand preference for sustainability consulting was achieved by Ernst & Young, for sustainability assurance by KPMG, for sustainability software by Microsoft and in the not-for-profit category by the Carbon Disclosure Project (CDP).
KPMG Rising Sun report
September 24, 2012
A new KPMG report says that India's national and state governments have to play a greater and more reliable role in promoting solar power. It concludes that the cumulative solar PV power market potential is likely to be around 12.5 GW by 2016-17. While India’s solar capacity has grown from less than 20 MW to more than a gigawatt in the last two years, helped by the Jawaharlal Nehru National Solar Mission, the country is facing a power deficit of 9 percent and in many states, industries are facing up to 50 percent power cuts.
Water - use it wisely
May 23, 2012
New research from KPMG AZSA Sustainability and data and insight company Trucost has found that the growing dependence of Japanese companies on manufacturing in parts of Asia is increasing their exposure to water shortages. Their joint study found that outsourcing to water-stressed countries including China can increase business risks from water scarcity have implications for companies globally. Water came to the fore of supply chain risk management for companies in industries such as Consumer Electronics and Automobiles & Parts after floods in Thailand disrupted supplies in 2011.
Environmental footprint growth vs costs 2002-10 (Trucost 2012)
February 17, 2012
New research from KPMG International has found that that if companies had to pay for the full environmental costs of their production, they would lose 41 cents for every USD in earnings on average. The finding is contained in a newly released study by the firm, Expect the Unexpected: Building Business Value in a Changing World, which identifies 10 “megaforces” that will significantly affect corporate growth globally over the next two decades.
China going green
December 09, 2011
New research shows that Chinese companies are becoming more interested in sustainability issues. Pressure from government and a recognition of how brands gain value from sustainability policies are two factors contributing to the growing interest. The Conference Board, a US-based research and business membership group, surveyed 476 firms for its Business and Sustainability in China: Company Responses to a National Priority report, which discovered that government directives, at both local and central levels, are often a decisive factor in defining corporate sustainability strategies.
KPMG Corporate Responsibility Survey 2011
November 18, 2011
A survey on corporate responsibility (CR) has found that China has leapt up the league tables in its use, while Singapore gets chastised. Asia-Pacific companies in general were found to be falling behind in issues of responsibility and sustainability compared to other regions, including Africa. The KPMG International Survey of Corporate Responsibility Reporting 2011 is a  comprehensive tri-annual analysis of data from 3,400 companies worldwide, including the top global 250 firms and the largest 100 companies across 34 countries and 15 industry sectors.
There should be more interaction between governments and the private sector on the international climate change negotiations, as decisions at this forum impacted on business. KPMG’s global climate change and sustainability advisor Yvo de Boer said recently.
The Chinese nuclear industry is developing rapidly and the experience it is gaining provides Chinese companies opportunities to invest in the United Kingdom, a UK official said Thursday