Danny McCance 21 Apr 2017 04:53pm

KPMG wins Queen's Award for Enterprise

The Big Four firm won the award in the inaugural category of promoting opportunity for its leadership and work towards social mobility

The firm was awarded alongside 169 other businesses, in a variety of categories including sustainable business, innovation and international trade.

“The Queen’s Awards for Enterprise highlights everything that’s great about UK business today”, said business secretary Greg Clark.

“Through our Industrial Strategy we will be building on the successes of these award winning businesses, helping to build a stronger, more outward looking and prosperous global Britain”, he added.

KPMG was one of the 11 founding Social Mobility Business Compact Champions appointed by government.

Launched in 2014, the champion tier aims to test firms with an intensive set of criteria, which cover commitments to outreach, work placement, recruitment and monitoring of leadership. The Department for Business, Innovation and Skills and the Social Mobility and Child Poverty Commission developed the programme.

“This award is recognition of the work our people do across the UK, often quietly and behind the scenes, to ensure our profession is more open and accessible to everyone”, Melanie Richards, vice chairman of KPMG in the UK said.

“KPMG has a long standing commitment to improving social mobility and it is an honour to see the work we do with government, our fellow business leaders and most importantly, the communities we operate in acknowledged in this way.”

The firm was also one of the first organisations in the UK to start paying their employees the voluntary living wage. Research by the firm last year found that as many as one in five employees were still being paid less than the voluntary living wage.

At the end of last year, the government launched the Social Mobility Employer’s Index. The index was aimed at giving firms firms the opportunity to showcase their progress towards improving social mobility and recruitment of the best people for the job regardless of their social background.