ESG
and Tax
– New environmental taxes
– New "fair" taxes/anti-abuse measures
– Costs of establishing systems
& processes for new reporting/disclosure
requirements
– Impact on supply chain
Costs
– New tax reporting obligations
– Interaction with sustainability reporting
– Ensuring relevant procedures in place
– Developing group's tax strategy/tax policy
Obligations
– New environmental tax incentives
– Getting the tax analysis right
– Understanding tax impact on modelling
& structuring
ESG transactions
– Creating value by attracting new
investors/consumers
– Encourage new investment in
ESG projects
– Tax as lever for social & environmental
change
– Demonstrating tax responsibility of
leadership and organisation
Opportunities
– State aid challenges
– Activist scrutiny
– Increased risk of tax audits/disputes
– Considering reputational issues
Risks
Costs
Obligations
Risks
Opportunities
ESG
transactions