Total Impact Strategy - The Role of Corporations in Society
How does your company manage environmental and social issues? And how do those activities connect to financial and operational performance?
The context for corporate performance is changing rapidly: Consideration of the corporation’s role in society is moving from the periphery to the center of corporate thinking. Increasingly, investors, customers, employees and other stakeholders expect companies to understand the total impact of their strategy and actions. It’s critical that boards today understand how the company is embedding corporate responsibility initiatives into its growth strategy, risk management and corporate culture as these increasingly signal to investors how well the company is run and its long-term financial sustainability.
NACD welcomes Kathy Hannan, Senior Partner, Total Impact Strategy and Board Leadership Center at KPMG LLP, who will lead a discussion around how the role of corporations in society presents a unique opportunity for long-term success – why it is becoming increasingly important and how you, as board members, should be thinking about it.
Senior Partner, Total Impact Strategy and Board Leadership Center
In 2009, Kathy Hannan was named the National Managing Partner of Diversity and Corporate Responsibility, providing the strategic direction to leverage philanthropic partnerships, stakeholder engagement, environmental best practices, and diversity objectives with the firm’s commercial strategy for long term enterprise sustainability. Kathy is currently working with the Board Leadership Center to broaden the governance discussion regarding business and society, and is on the Advisory Board for the Women Corporate Directors Foundation that promotes and strengthens women in the boardroom. Kathy serves as co-chair of the thought leadership and communication committee for the Women Corporate Directors’ Advisory Board.
Kathy’s tenure in the accounting profession includes a broad range of services on corporate and partnership taxation and planning, acquisition, disposition, restructuring, and international tax. Her industry expertise has centered on publishing, manufacturing, transportation, software, and telecommunications Currently, Kathy is the Global Lead Partner for Caterpillar.
Kathy has been recognized both inside and outside of KPMG. In 2000, Crain’s Chicago Business selected her as one of the top “40 under 40” executives. In 2003, Kathy was named Woman CPA of the Year by the American Woman’s Society of Certified Public Accountants where she was recognized for her professional accomplishments, demonstrated leadership, and contributions that further the advancement of women in the profession. She received an Honorable Mention in the “100 Most Influential Women in Chicago” also from Crain’s Chicago Business and was the recipient of the YWCA of Metropolitan Chicago 2012 Outstanding Leaders award. Over the years, Kathy has been a recipient of honors awarded by Athena International, DiversityInc, Illinois CPA Society, and Anti-Defamation League as well. Kathy received Diversity Woman Magazine’s annual Mosaic Woman Leadership Award. Kathy was selected as one the top 100 Women Leaders in STEMconnectorâ„¢ for 2014, in celebration of women role models in science, technology, engineering and math (STEM).
In 2002, Kathy founded the KPMG Women’s Advisory Board, with the vision to improve the retention rate and advancement of women in the firm. She served as the Chair of the Diversity Advisory Board, advancing the Chairman’s vision on diversity and inclusion. Kathy also was the Chair of the KPMG Corporate Responsibility Council. She is the national president and chair of the Girl Scouts of the USA.