Where is the T in ESG?

Tax will become more important in telling the environmental, social, and governance (ESG) story of an organisation, as discussed by Minh Dao, Phil Beswick and Jenny Wong.

Up until recently, companies were commonly evaluated on an after-tax basis, and would benchmark their effective tax rate (ETR) against their peer group or industry. This could create an environment where companies adopted strategies focused on cross-border financing arrangements, transfers of intellectual property (IP) to low-tax jurisdictions, and transfer pricing as opportunities to create enterprise and shareholder value through tax base erosion. Investors and shareholders in companies o...

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Authors: Minh Dao, Philip Beswick,

Published Date: 29 November 2021