KPMG showcases emerging opportunities and challenges of Decarbonisation journey
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Over 100 business leaders within Bahrain’s business community recently attended a seminar hosted and facilitated by KPMG in Bahrain as a part of the workshops organized to support the ‘1st Sustainability Forum Middle East’ held in Bahrain.
The seminar focused on the role of the private sector in driving a positive impact towards achieving the Kingdom’s sustainable energy goals.
Jeyapriya Partiban, Partner and Head of Advisory at KPMG in Bahrain, explained how topics related to Environmental, Social and Governance (ESG) are increasingly becoming a recurring theme within boardrooms.
She also reinforced that this is now also on the radar of regulators, and very soon can be a compliance requirement for specific sectors.
Dr Charbel Moussa, Partner leading Decarbonization Advisory Services at KPMG in the Netherlands and the keynote speaker, explained that just like how the pandemic any climate risks at a global level would eventually impact businesses across the world as our economies are significantly interconnected.
The attendees also had the opportunity to learn about some of the fundamental processes of decarbonization strategies from Kal Subramanian, ESG Subject Matter Expert and Head of Markets at KPMG in Bahrain.
During his presentation, he emphasized that organisations that start working on their decarbonisation strategy now will gain a competitive advantage by putting in the work before ESG reporting becomes a mandatory regulatory requirement.
Dr Moussa also encouraged companies to start investing in technology and digital interventions to support them in their ESG efforts.
The event took place on 11 January 2023 under the theme “Demystifying the Decarbonization Journey’ at the Downtown Rotana Hotel.