Opportunities await
When it comes to ESG, stakeholders are demanding more information about organizations’ performance and strategy. Transparency reports can communicate where your organization is on its ESG and sustainability journey. CLA can help your organization:
- Identify material ESG areas for your specific industry
- Assist governance to be laser focused on the areas that matter
- Create strategies to mitigate risk
- Develop communications to share ESG priorities with stakeholders
- Provide third-party attestation on ESG metrics
- Develop an ESG tax strategy
- Assist management in exploring responsible investments
- Pursue renewable energy opportunities
Experience our client-focused approach
CLA can help you with climate strategy, governance oversight, transparency reporting, tax, digital, internal auditing, and controls. Our industry-specialized professionals understand the strategic, operational, financial, and regulatory issues that affect your organization, and use their core knowledge to help you achieve your ESG goals. We have significant experience working with organizations in more than a dozen industries, including nonprofits, government, manufacturing, construction, real estate, and health care.
Sustainability reporting and assurance services
Vendors, customers, and stakeholders are demanding more transparency into organizations’ progress in reducing greenhouse gases. CLA can help your organization:
- Identify relevant requirements to benchmark your data
- Perform independent assessments of data contained within your sustainability report
- Provide regulatory assessments of greenhouse gas emissions
- Evaluate internal controls over sustainability reporting
ESG and taxes
The corporate agenda is emphasizing ESG objectives, and tax is an increasingly important component of ESG strategy. A company’s approach to tax is no longer just a question of compliance — it is also a reflection of how a business views its role in society and its commitment to its purpose. Viewing tax through an ESG lens can help businesses show transparency, build trust, and demonstrate their commitment to sustainability and social responsibility.
Companies need to understand the tax implications of their ESG-related decisions and how they will be viewed. CLA can help you develop a strategy that proactively provides accurate tax risk management and planning opportunities, and also includes attention to environmental, social, and governance considerations.
Environmental
- Carbon taxes on greenhouse gas emissions
- Green credits and incentives for responsible climate sustainability
Social
- Understand social policies funded by taxes
- Manage reputational risk that may inadvertently arise from effective tax planning strategies
- Assess the stakeholders evaluating your company’s tax strategy
Governance
- Understand the evolving regulatory environment to provide adequate reporting to improve trust and transparency
- Effectively gather and analyze data to better understand reporting standards surrounding ESG
- Develop a tax governance strategy that aligns with your company’s business objectives and climate sustainability strategy