The Role Financial Company Corporate Boards Need to Play in ESG Reporting

By Rashida Salahuddin

Rashida Salahuddin is the President & CEO of The Corporate Citizenship Project. She is spearheading this project to address the challenges and ethical issues she has seen first-hand in the field of corporate governance. She believes that corporate America should be transparent and should practise what they preach. For more information, visit https://corporatecitizenshipproject.com/.

Ever since the U.S Securities and Exchange Commission (SEC) proposed rules governing climate-related disclosures from all public companies on March 21, environmental, social and governance (ESG) reporting has become a necessary part of financial company corporate disclosures, especially in today’s environmentally and socially conscious world.  

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KPMG in Canada launches this year’s search for Canada’s leading tech entrepreneur

Could your start-up be Canada’s next big tech innovator?

TORONTO, May 25, 2022 – Applications are now open for Canadian start-ups to vie for the title of Canadian Tech Innovator of the Year and the opportunity to compete against global peers at the KPMG Private Enterprise Tech Innovator competition, KPMG announced today.

The competition is open to Canadian entrepreneurs who can demonstrate to a panel of industry professionals that they have developed innovative technologies, established business models, and the potential to scale-up globally.

“The search is on for technology disruptors and influencers who are helping to reshape the world with their ideas,” says Sunil Mistry, partner, Enterprise and Technology, Media and Telecommunications, KPMG in Canada. “Whether your start-up is tech-enabled, tech-led, or tech-driven, we encourage you to take advantage of this extraordinary opportunity to take your business to the next level. It’s a simple way to make important connections and gain recognition among some of the most-trusted advisors, industry leaders, and influencers in Canada.”

Applicants who have been shortlisted will have the opportunity to be recognized as one of Canada’s most successful technology innovators and participate in exclusive networking opportunities among industry specialist and influencers and private equity investors.

The competition will be held in three phases between May and August: country-level semi-finals, country-level finals, and global finals. The winner of the Canadian Tech Innovator competition will compete against the winners from other participating countries in the global finals later this year, where they will pitch their growth plans to an international judging panel and receive global recognition in the KPMG Private Enterprise’s “2022 Winners Report”.

Last year, the global competition attracted nearly 700 competitors from 18 countries. Victoria-based start-up Certn won the Canadian title and competed virtually at the Web Summit in Lisbon, where Brazilian AgriTech company Krilltech ultimately won the KPMG Private Enterprise Global Tech Innovator crown.

This year the competition has expanded to include 22 countries and territories:

  • Africa
  • Brazil
  • Canada
  • China
  • Colombia
  • Denmark
  • Germany
  • India
  • Ireland
  • Israel
  • Japan
  • Mexico
  • Netherlands
  • Norway
  • Portugal
  • Qatar
  • Saudi Arabia
  • Spain
  • Taiwan
  • Turkey
  • United Kingdom
  • United States

Does your company have what it takes?

If you have ambitious growth plans and are looking for an opportunity to showcase your technology, it’s time to take the next step by entering the KPMG Private Enterprise Global Tech Innovator competition.

Applications are now open and close on June 27, 2022.

The contest is open to legal residents of Canada who have reached the age of majority in their province or territory of residence and who are not partners, employees or subcontractors of KPMG LLP or in any way affiliated with the Competition.

Applicants will be measured against a set of objective criteria and chosen by a panel that included third parties to ensure independence in the selection of winners.

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About KPMG in Canada

KPMG LLP, a limited liability partnership, is a full-service Audit, Tax and Advisory firm owned and operated by Canadians. For over 150 years, our professionals have provided consulting, accounting, auditing, and tax services to Canadians, inspiring confidence, empowering change, and driving innovation. Guided by our core values of Integrity, Excellence, Courage, Together, For Better, KPMG employs more than 10,000 people in over 40 locations across Canada, serving private- and public-sector clients. KPMG is consistently ranked one of Canada's top employers and one of the best places to work in the country.

The firm is established under the laws of Ontario and is a member of KPMG's global organization of independent member firms affiliated with KPMG International, a private English company limited by guarantee. Each KPMG firm is a legally distinct and separate entity and describes itself as such. For more information, see home.kpmg/ca.

For more information please contact:

Sonja Cloutier-Bosworth
National Communications & Media Relations
KPMG in Canada
(416) 777-8175
scloutierbosworth@kpmg.ca

What Can We Expect From NaaS

One of the more popular services today is that of Networks as a Service (NaaS), a cloud-based service that is offered to provide networks and relate services for companies with a need for solid cloud-based networks. Since companies have been moving to the cloud for several years, NaaS is a natural service for many companies. It eliminates or reduces the development stage for networks as well as the need to hire staff to operate the network.

Disadvantages of NaaS center around the need to give up some control over the network and the ability to service some of the particular needs of very large organizations such as multi-jurisdictional legal and taxation requirements.

A recent article summarizes some of the considerations in going with a NaaS solution and can be found here: https://www.networkcomputing.com/networking/what-expect-network-service-naas-technology

 

 

CPA Founding Partner

Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.