KPMG in Bermuda, the professional services firm, has released its 2022 Impact Report, revealing that it contributed more than $1.1 million in scholarships, financial giving and pro bono work, as well as 960 community service hours to support the island.

The firm said it has unwavering dedication to the four pillars that drive positive change within the firm and the communities it serves: governance, people, planet and prosperity.

It said a crucial aspect of the firm's impact has been the professional services provided on a full and partial pro-bono basis to various non-profit organisations.

James Berry, chief executive officer, said: “We understand that our role goes beyond providing professional services to our clients, and we have a responsibility to use our influence, resources and expertise to create a more equitable and sustainable world.

“With this report, we hope to demonstrate our progress and inspire others to join us in our journey towards a better future.”

KPMG in Bermuda said it has a diverse workforce, consisting of 49 per cent female employees, of which 29 per cent occupy leadership positions.

Moreover, it said, employees come from 30 countries, and this year it welcomed new hires from 18 countries, adding to an already extensive cultural representation.

As part of its Lift Off Programme, the firm said, it awarded $40,000 in scholarships in 2022.

The report outlines the firm's efforts to reduce greenhouse gas emissions, conserve resources, and promote sustainable practices throughout its operations.

KPMG has become Beyond Plastic Champions this year, making in-office changes to ensure that it is taking the steps to reduce usage of, and supporting the Bermuda Government’s intended ban on, single-use plastics.

The firm said it works hand-in-hand with multiple charities to support the local community and promote sustainable business practices among its clients.

Examples include MOvember, the Bermuda Cancer and Health Centre fundraiser, during which the firm’s MObros and MOsistas raised more than $10,000, and its Toys for Tots programme, a gift drive to help families during the holiday season that collected and donated more than 430 items donated by staff.

“We would like to take a moment to express our gratitude to our staff for their constant commitment and dedication to maximising our impact,” said Steve Woodward, corporate citizenship committee chairman.

“Their hard work and passion have been instrumental to our firm and the communities we serve. Without their efforts, the achievements we are sharing in this report would not be possible. We seek to lead by example within society while also leading the way for a better world for generations to come.”