The ESG Path of Tax – Practical Guidance for Corporate Tax Departments
As companies invest in greening their operations, the time is now for tax to have a seat at the table supporting and driving ESG initiatives.
The impact of businesses on society and environments continues to gain stakeholder and regulator attention, and the influence of environmental, social and governance (ESG) themes on tax departments can no longer be pushed aside or overlooked.
KPMG research shows that commitment to sustainability and social responsibility is a primary pressure on today’s tax functions. ESG-related activities are moving steadily up the corporate tax mandate and agenda, affecting everything from planning to operations and profitability, and even compliance.
The opportunities for tax to help the broader business capitalize on ESG trends is very real, very attractive, and very imminent. The landscape surrounding these trends is budding and taking shape right now, and it will continue to evolve in the future.
Have a specific question or want more information? Contact a KPMG tax professional.
Have a specific question or want more information? Contact a KPMG tax professional.
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