Sustainability and climate change tax

Understanding the issues

Our awareness of environmental and green issues is continuing to increase – both on an individual and organisational level. Media, governments and businesses have recognised this and have begun to acknowledge their environmental responsibilities. Sustainability, climate change, energy efficiency and carbon management are all now high on the business agenda.

So what are the related tax issues for your business? And how do you keep up when the tax agenda is evolving so quickly?

Planning for a green future

By being prepared you can reduce the risk factors and give yourself an advantage over your competition.

We’ve helped businesses create clear sustainability and climate change strategies around the tax and regulatory agenda, and then put them into action. This means getting ready for a new programme of green fiscal reform, managing the impact of your future costs and taking advantage of legislative incentives – all of which could put you ahead in the market.

By working with you we can also simplify the often complex areas of regulation, legislation incentives and potential future taxes.

Making the right connections

Our Sustainability and Climate Change Tax team has developed strong relationships with legislators and the important decisions-makers in government, both in the UK and overseas.

By talking to the right people in the Government, we can encourage debates that highlight your concerns and help shape green policy. It also gives us the insight to help you make informed decisions about your strategy and put your mid to long-term plans into action.

How can you get started?

• Map your environmental tax footprint. Monitor your environmental tax strategy and its effectiveness.
• Plan for future changes in the tax and regulatory landscape, especially future carbon taxes.
• Consider environmental and carbon tax compliance and impact assessment reviews.
• Assess the impact of tax on your group’s carbon strategy.
• Identify environmental tax incentives and exemptions.
• Optimise the tax efficiency of your supply chain and infrastructure as you adapt it to meet the sustainability agenda.

If you would like to talk to someone about the impact of sustainability and climate change on your tax position, please email Mark Schofield or call on + 44(0)20 7212 2527.