Tax As A Component Of ESG

Contributing sentiments towards policy:

57% : Consistent with that sentiment, rating agencies include in their ESG scores tax criteria that consider effective rates, tax policies, transfer pricing disclosures, jurisdictional tax laws, and government assistance (such as grants and tax relief).
55% : While not reflected in the ESG acronym, tax is central to the concept's principles.
54% : They view the public disclosure of a company's approach to tax, the amount of tax paid, and to whom tax is paid as integral to sustainable tax practices.
46% : Taxes are critical to the orderly function of a civil society and support the communities in which businesses operate.
44% : Those metrics include a company's total tax contribution, which is the total tax burden broken down by country plus any additional tax expense, including employment tax; sales and value added taxes; and taxes collected on behalf of another party.
40% :Increased social interest in tax and government policies and media scrutiny into whether companies are paying a fair amount of tax have led to tax issues becoming an ESG consideration.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.