Sustainability and the impact on tax
This article shines a spotlight on sustainability, the broad framework under which the concepts of environmental, social, and governance (ESG) practices of a company are captured, and how such practices demonstrate companies’ ability to continue creating value.
ESG issues are starting to form the core pillar over which many organizations are increasingly structuring their business, thereby impacting every key function within the organization, from the front-end to the back-end of the value chain, including: product/service development, customer engagement, marketing, recruitment, hiring, promotions, and the structuring of day-to-day operations (i.e., performance targets, travel policy, remote work, etc.).
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Value chains continue to evolve to meet the ever-changing needs of customers, the role of digital transformation across the organization, and the overall impacts of the rapidly changing geopolitical and tax/regulatory framework. This article focuses on sustainability and how companies' evolving ESG practices demonstrate their ability to continue to create value.
