A rapidly evolving global context, shaped by European initiatives such as the European Green Deal, is driving increased compliance and transparency requirements for companies, requiring them to embed sustainability criteria into business processes and operating models. This evolution provides the necessary framework for integrating ESG considerations into organizational strategy, supporting resilience and long-term development.
Companies are facing increasingly complex legal and compliance risks related to environmental, social and governance matters, including risks associated with reporting obligations, due diligence requirements and alignment with regulatory frameworks. Managing these risks requires a solid understanding of the applicable legal and tax frameworks across different jurisdictions. The adoption of robust tax policies and appropriate tax governance represents an important element in meeting transparency requirements and demonstrating responsible tax practices. The ability to benchmark against standards and market peers provides valuable insights and supports informed decision-making.
In the context of the transition towards a low-carbon economy, including across value chains, companies must assess how continuously evolving tax regulations and tariff-related considerations may influence strategic decisions. While these developments may lead to increased costs, they can also create opportunities related to tax incentives, subsidies or other sources of sustainable financing.
