ESG Viewpoint – Responsible Taxation: A necessity to achieve the UN SDGs
Insights

ESG Viewpoint – Responsible Taxation: A necessity to achieve the UN SDGs

Tax transparency is an indicator of a company’s contribution to the countries and societies it operates in and reflects its values.  We explore issues around aggressive tax avoidance and our dialogue with companies on this topic.

Corporate tax transparency is not only seen as an indication of a company’s contribution to the countries and societies it operates in, but also as a reflection of its values.

As a result, headlines of aggressive tax avoidance have had profound impacts on public trust and led to consumer boycotts and fines. Notably, these scandals have occurred in Big Tech, given the number of intangible assets and thus the ease of transfer pricing to lower tax jurisdictions. However, corporate tax scrutiny goes beyond this sector. Greater corporate tax transparency is critical for investors to accurately evaluate and assess a company’s business strategies, and risk management, given the financial materiality of the potential fines and risks.

This Viewpoint sets out our active ownership expectations on corporate tax transparency for issuers.

Interested in learning more?

Read more about why corporate tax transparency matters, our expectations for best practice and the lowdown on our engagement efforts. Download the full viewpoint to discover more.

 

11 octobre 2022
Lorraine Hau
Lorraine Hau
Associate, ESG Analyst, Responsible Investment
Share article
Share on linkedin
Share on email
Sujets clés
Sujets connexes
Listen on Stitcher badge
Share article
Share on linkedin
Share on email
Sujets clés
Sujets connexes

PDF

ESG Viewpoint – Responsible Taxation: A necessity to achieve the UN SDGs

Risk Disclaimer

Views and opinions have been arrived at by Columbia Threadneedle Investments and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.

 

The information, opinions, estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time.

 

Engagement efforts outlined in this Viewpoint reflect the assets of a group of legal entities whose parent company is Columbia Threadneedle Investments UK International Limited and that formerly traded as BMO Global Asset Management EMEA. These entities are now part of Columbia Threadneedle Investments which is the asset management business of Ameriprise Financial, Inc. Engagement and voting services are also executed on behalf of reo® clients.

Eclairages connexes

22 avril 2024

Olivia Watson

Senior Thematic Research Analyst

Regulation set to supercharge push on plastics

Voluntary recycled plastic goals haven't really worked, but markets representing 30% of global GDP now have firm targets. How will companies and investors cope?
Read time - 3 min
11 avril 2024

Stewardship quarterly - Q4 2023

Our report outlines our global active ownership, including a selection of engagement case studies.
Read time - 4 min
26 mars 2024

Ebele Conroy

Investment Analyst, Global Research

Joe Horrocks-Taylor

Senior Associate, Analyst, Responsible Investment

Green machines: the future of transport

The transportation sector has a significant impact on global emissions, but technology innovations, policy changes and shifting behaviours can reduce this. How are the different modes progressing?
Read time - 5 min
11 juin 2024

In Credit Weekly Snapshot – June 2024

Our fixed income team provide their weekly snapshot of market events.
Read time - 5 min
3 juin 2024

Steven Bell

Chief Economist, EMEA

Politics, Inflation & Interest Rates

ECB to cut rates this week.
Watch time - 4 min
22 mai 2024

Joanna Tano

Head of Research, Europe, Real Estate (EMEA)

UK Real estate – Overview Q1 2024

Total returns for the UK commercial property market turned positive in Q1 2024.
Read time - 3 min
true
true

Risk Disclaimer

Views and opinions have been arrived at by Columbia Threadneedle Investments and should not be considered to be a recommendation or solicitation to buy or sell any companies that may be mentioned.

 

The information, opinions, estimates or forecasts contained in this document were obtained from sources reasonably believed to be reliable and are subject to change at any time.

 

Engagement efforts outlined in this Viewpoint reflect the assets of a group of legal entities whose parent company is Columbia Threadneedle Investments UK International Limited and that formerly traded as BMO Global Asset Management EMEA. These entities are now part of Columbia Threadneedle Investments which is the asset management business of Ameriprise Financial, Inc. Engagement and voting services are also executed on behalf of reo® clients.

Vous pourriez aussi aimer

Qui sommes-nous ?

Des millions d’investisseurs de par le monde font confiance à Columbia Threadneedle Investments dans la gestion de leurs actifs : investissements particuliers, conseillers financiers, gestionnaires de fortune, compagnies d’assurance, fonds de pension et autres institutions.

Fonds et VL

Columbia Threadneedle Investments dispose d’une gamme complète de fonds d’investissement répondant à un large éventail d’objectifs.

Approche d’investissement

Le travail d’équipe est fondamental à notre processus d’investissement qui est structuré de manière à évaluer et mettre en pratique de solides idées d’investissement pour nos portefeuilles.

Veuillez confirmer quelques détails vous concernant pour visiter votre centre de préférences

*Champs obligatoire

Une erreur s'est produite veuillez réessayer

Merci. Vous pouvez maintenant visiter votre centre de préférences pour choisir les informations que vous souhaitez recevoir par e-mail.

Pour afficher et contrôler les informations que vous recevez de notre part par e-mail, veuillez visiter votre centre de préférences.