The attention for fiscal sustainability and sustainable taxation is growing. But how can a company embed taxation in an impactful way in its sustainability strategy and especially in the implementation at the operational level?
In brief:
- ESG and taxation are directly linked, but making taxation part of the sustainability strategy is not always easy.
- We will not get there with just the fiscal ‘carrots and sticks’ . In order to achieve the climate goals, a tax package that effectively stimulates circular business operations is indispensable.
- ESG & TAX does not only interact at the operational and tactical level, but certainly also at a strategic level. The connection between ESG and the tax function at C-level within a company is therefore crucial.
Source EY