Helping clients succeed in the ESG transition: ESG and Tax

Experienced in ESG and beyond

At Sorainen we’ve established a well-deserved reputation for working on matters that make the region greener, safer and fairer. The Sorainen ESG service line is dedicated to helping clients navigate the constantly changing landscape of sustainability-related regulation.

Our work in this field has also been recognised in The Legal 500’s Global Green Guide 2024.

We also invest in educating clients and the market in general on ESG matters. This includes organising webinars, producing informative newsletters, accepting speaking opportunities and establishing partnerships.

During our first regional ESG-related webinar we covered supply chain management; the second webinar was devoted to ESG in M&A transactions, while the third was focused on green bonds and the fourth covered greening the construction sector.

ESG and tax

In today’s rapidly evolving business landscape, Environmental, Social, and Governance (ESG) considerations are becoming increasingly critical, including in the field of taxation and tax compliance. As companies and governments alike strive to meet ambitious sustainability goals, understanding the intersection of ESG and tax becomes essential. Tax policies and practices are powerful tools that can drive significant changes in corporate behaviour, encouraging sustainable practices and supporting long-term resilience. This webinar will explore the important role of tax in advancing ESG initiatives, examining how tax strategies can align with and support broader sustainability objectives and vice versa.

What you will learn: 

• how taxation is being used as a tool to promote sustainable practices and what this means for your business
• practical examples and reflections on assessing the materiality of tax from a sustainability perspective
• global and local implications of ESG on transfer pricing, including the allocation of related risks and loss, and the benefits of integrated business models within the value chain

Join our webinar at 10 a.m. on 14 November 2024. During the Q&A session you will be able to engage with Sorainen experts, as well as guest speakers from Schwenk (Latvia) and WTS Global (Germany), in order to put your doubts to rest and gather valuable insights.

The webinar should not be missed for professionals navigating the ESG landscape and seeking to integrate sustainable practices into their tax strategies, tax professionals and advisors; corporate executives and managers; legal and compliance officers; and finance and accounting experts.

Webinar materials

Audio format is available on the podcast platform.

Webinar recording is available on our Youtube channel.

See the “Assessing tax from a sustainability perspective” presentation by Evita Gosa, Environmental and Legal Director, Member of the Management Board at Schwenk Latvija, here.

See the “ESG & Transfer pricing: global approach” presentation by Melanie Appuhn-Schneider, Partner, Co-Head WTS Global Transfer Pricing Services (Germany), here.

See the “ESG & Transfer pricing: local approach” presentation by Edgars Hercenbergs, Senior Associate with Sorainen (Latvia), here.