KPMG Australia has acquired environmental sustainability advisory company Action Sustainability Asia Pacific. Terms of the deal were not disclosed.
The consultancy helps evaluate sustainability in businesses, buildings and supply chains using leading international and national standards and an innovative software package.
Action Sustainability Asia Pacific also offers a range of sustainability training options from traditional classroom learning to e-learning.
Gary Wingrove, CEO at KPMG said, “Action Sustainability Asia Pacific’s social and environmental expertise complements and expands our existing human rights, social impact and sustainability capabilities and builds on KPMG’s acquisition of leading human rights consultancy Banarra four years ago.
“KPMG continues to invest in supporting our clients to understand and respond to the key issues which will fundamentally shape and impact our shared future.”
Action Sustainability Asia Pacific works with a range of clients across Australia, and will expand KPMG Banarra’s and KPMG’s Sustainability Services’ ability to provide specialist advice to help businesses manage risk and create opportunities for positive impact in the areas of responsible sourcing, finance, sustainability, human rights, ESG management and modern slavery services.
Richard Boele, Global Head of Human Rights Services at KPMG Banarra said, “They bring great depth in the built environment and infrastructure sustainability performance areas, as well as complement our human rights, modern slavery and responsible sourcing capability.
“It’s a great match for us to grow the impact we can have with our clients on societal and global challenges.”
Mark Lyster, co-founder and managing director at Action Sustainability Asia Pacific said, “We are so excited to be joining KPMG. It’s very aligned with our purpose of inspiring sustainable business, broadens our service offering to our clients and creates the opportunity for us to have greater impact at scale.”
Based in Sydney the Action Sustainability Asia Pacific team will relocate to KPMG’s Barangaroo premises this month.