Corporate Citizenship Report Committed to community kpmg.bm — May 2020 Our Commitment We take our role as a Our community corporate citizen seriously and KPMG we remain at Last year our firm celebrated the forefront of serving and exciting new milestones for corporate citizenship; co-founding strengthening our markets and the Ignite program, the island’s first communities in tangible ways. privately funded entrepreneurial It’s core to our purpose and accelerator, continuing with our our values. Make a Difference Day, a firm wide initiative that has been going for We are committed to working over a decade, fundraising for Relay collaboratively to help drive change for Life and fundraising to provide that has a positive and lasting support to our colleagues and their impact on our colleagues, clients communities impacted by Hurricane and communities. It is this common Dorian in the Bahamas. In addition, purpose that is fundamental to who we had participation from everyone we are and what we stand for as an right across our firm in a variety organisation. of activities, from volunteering to participating in charitable boards We live in extraordinary times and and fundraising events, sporting the opportunity to serve others is and team activities. more important now than ever. As a leading professional services firm I am very proud of our commitment that is part of a strong and global to community and that it is shared network of member firms, we by everyone across our firm I am recognize the role that we can play delighted to share our activities in helping others at this time. By with you in our 2019 annual report working together, we are stronger and I hope you enjoy reading it. together. Sincerely, Neil Patterson Chairman KPMG in Bermuda 2 Corporate Citizenship Report 2019 Our Values Our Values represent who we are and what we believe in Integrity We do what is right Excellence We never stop learning and improving Courage We think and act boldly Together We respect each other and draw strength from our differences For Better We do what matters Corporate Citizenship 3 Report 2019 Table of contents 07 08 10 11 A message from Meet our Corporate Our giving philosophy Committed to our the Chair Citizenship Committee community 12 22 34 36 Adding value: The Working together: Giving Sponsored Team Passionate: The value of education back to the community Sports environment 40 41 44 One Young World Inclusion & Diversity: Comitted to Our People Summit Celebrating our differences 4 Corporate Citizenship Report 2019 Committed to community Corporate Citizenship 5 Report 2019 Our commitment, our focus At KPMG, our commitment to corporate citizenship is reflected in these areas. Youth development Through youth-focused development programs, charities and local sports initiatives, including our firm’s flagship KPMG Round the Grounds Race. Education Through our Graduate Program, annual KPMG Scholarships, summer internships, the annual KPMG Senior School Investment Challenge and our administrative and financial commitment to educational charities. Health Through our firm’s sponsored Wellness Program, participation in many sporting and well-being events, and our ongoing backing of Bermuda’s key health and support-related charities. Environment Through our local and global Green initiatives which include: reducing our environmental impact, supporting research and its outcomes through volunteer work, environmental partnerships and driving initiatives that engage and empower our people, clients, and suppliers. Additionally, we align our efforts with local initiatives and activities that benefit our communities and its members. Our corporate giving extends to grassroots charities with a focus on culture, art and humanities. We are also proud to provide professional services on a full or partial pro-bono basis – which is valued at hundreds of thousands of dollars annually – to charities and not-for-profit organisations. 6 Corporate Citizenship Report 2019 A message from the Chair At KPMG in Bermuda we abroad; internships where students believe in inspiring change can apply and develop their skills; and our graduate programme where through lifelong learning. we help launch the next steps in a Investment in education is one variety of careers. From the start to of the most important catalyst the end, we provide an environment for addressing societal issues. of support for lifelong learning, but We encourage our staff to be we are not limited this, we also create an environment of sustainable forward thinkers – we look to development. the future and those that will make it, our youth, in an effort We cannot proactively achieve to create the change we need Goal 4, without committing to our environment, and while our for the world we want. This main focus will always be the focus stems from KPMG’s development of our youth, there involvement in the UN’s 17 needs to be a future for them to Sustainable Development Goals apply these developed skills to. Our firm actively contributes to a healthy which we actively try to pursue future, whether that be through the through all business activity development of our community in and our corporate citizenship our Make A Difference Day initiatives strategy, with particular focus and our summer interns’ charitable on Goal 4, “Ensure inclusive projects or limiting our environmental impact by reducing our firm’s overall and equitable quality education electricity usage. and promote lifelong learning opportunities for all”. In Bermuda, community is everything and KPMG will always We help to build the skills necessary remain committed to its for our youth to succeed and bring development for current about a successful future for all. This generations and those to come. starts with our educational outreach, I hope you enjoy our report. which supports a variety of local education initiatives, through to the Sincerely, KPMG Investment Challenge which Stephen Woodward generates student interest in the Managing Director capital markets and raises awareness Chair of the Corporate Citizenship Committee of related career opportunities; transitioning into our scholarships that support undergraduate studies Corporate Citizenship 7 Report 2019 Meet our Corporate Citizenship Committee KPMG in Bermuda’s Corporate Sponsor Chair Secretary Citizenship strategy closely aligns with global and local priorities. It is designed to make a positive impact on the community, providing personal growth and development Neil Stephen Sahima opportunities for our people Patterson Woodward Choudhury while helping define a clear market leadership position when it comes to corporate citizenship. Members Simply put, being a good corporate citizen is a part of our corporate culture and what we value as a firm. We know that our team brings the skill, influence and business knowledge to make significant and enduring contributions to the societal issues that are affecting our Rhiannon Sharon Samuel communities and environments. Fox-Nanette Brimmer Perry At KPMG in Bermuda, we have a dedicated committee that is charged with overseeing our corporate citizenship initiatives. Our firm’s mandate is driven by the impact we’re making on our community, the engagement of our people, and it’s Sam Mawoyo Stephen Alex something we are proud to be known (2019, Alumna) Caton Brown for in the market. 8 Corporate Citizenship Report 2019 Our mandate Our giving guidelines at a glance As a committee, our mandate is KPMG’s giving policy is limited to Requests should be made a minimum to support our firm in achieving its registered charities in Bermuda and of three months in advance of your mission in being a good corporate their local activities. We are unable to fundraising need, activity, or event, and citizen and is to: provide financial support to individuals, they can be sent by email to for overseas trips and events, or [email protected] or delivered to our Be committed to our for religious organisations. We are, offices at Crown House, 4 Par-la-Ville communities; however, pleased to support select Road, Hamilton, Bermuda HM 08. community outreach projects that are led by religious-based organisations. Work toward improving the health, education, If you would like to have your development, equitable charitable activity be considered for access to resources and funding or assistance as part of our eventual employability of corporate citizenship program, please Bermuda youth; and submit a request letter, addressed to the Chair, Corporate Citizenship Committee, and provide details about Set an example among our the initiative, including donation peers for greater Bermuda- amount and supporting documentation based social responsibility (i.e., charitable registration number). in support of local health care, elder care, the environment, and for arts and humanities initiatives. Corporate Citizenship 9 Report 2019 Our giving philosophy Our philosophy for corporate citizenship is built on personal and collective commitment. Our policies and initiatives seek to add value for, and with, our community partners, and include: Bermuda International and partnerships local disaster relief Forming strong Providing funding, relationships with not- volunteers and for-profit organisations to other support during achieve lasting emergencies. community impact. Community volunteer Pro-bono work leave policy policy Encouraging and Harnessing our people’s supporting our people to skills, experience and spend time volunteering expertise, by supporting in their communities, both not-for-profit organisations during and outside of through pro-bono work working hours. engagements. Directorships and Workplace giving stewardship program Giving generously of our Enabling our people to senior leadership’s time, donate to their favorite advice and experience community organisations as directors and officers through payroll deductions. of various charities and community organisations. 10 Corporate Citizenship Report 2019 Committed to our community A core value of KPMG and at the heart of all we do, a strong connection and commitment to our community is a key aspect of who we are. Among other things, it is this value that attracts people to our talented team in Bermuda.