The hiring and training comes as firms look to track emissions and comply with proposed SEC rules. Presented by SchneiderElec
of the Big Four accounting firms with plans to invest $12 billion over five years and make 100,000 new hires in ESG and artificial intelligence.
The Big Four's traditional accounting and auditing work is expanding as regulators, including the Securities and Exchange Commission,to report climate information in traditional financial filings. Companies will have to disclose their climate risks, carbon footprints, and any plans to mitigate them.
"What attracted us to Ranpak was the sustainability tailwind," said Murgio, who previously served as the chief operating officer and general counsel at One Madison Group."I knew that its product was sustainable, but there was no data collection. We had to build that from scratch."
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