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TAX & CR        21 June 2012    Sune Skadegaard Thorsen         GLOBAL CSR      sst@global-csr.com       www.global-csr.co...
What is CR / CSR?
CR and the Triple Bottom LineSocial Sustainability    Environmental Sustainability   Economic Sustainability         Peopl...
What is CR / CSR / Corporate Sustainability / Corporate Citizenship - the concept                        CSR is how corpor...
10 Internationally Recognised Principles for Corporate Responsibility1. Support and respect the protection of internationa...
The Core International Principles for sustainable development in the UNGC                     Corporate Social Responsibil...
Tax: a CR Issue?NO!Q: Why not?A: Taxes are regulated by law and therefore not CR (which is voluntary).A: Taxes are just an...
Tax: a CR Issue?Qualifier – impacts on societyQ: Are corporate payments of taxes important for sustainable development?A: ...
Tax: a CR Issue?Core CR vs. non-core CRQ: Did we establish internationally agreed norms for this impact on economic   sust...
General Management                    Corporate                                                                           ...
Tax becoming a part of the CSR agenda – EU Developments•   CSR definition - October 2011 EU CSR communiqué:    “the respon...
Tax becoming a part of the CSR agenda – OECD DevelopmentsOECD, examples:The Global Forum on Transparency andExchange of In...
Other actors are becoming more engaged•Corporate Citizenship•Action Aid•Christian Aid•Tax Justice Network•KPMG
The business case for corporations to participate1. Demonstrating leadership (provided that core CR issues are dealt with ...
THANK YOU
Management principles for Corporate Responsibility on Tax                  Session II
UN Guiding Principles; a possible governance system for responsible tax behaviour     UN Guiding Principles on            ...
Three Components of the Corporate Responsibility to RespectPOLICY COMMITMENTPROCESS       Identification       Prevention ...
General Management                    Corporate                                                                           ...
General Management                                               UN Global Compact                                        ...
THANK YOU
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Sune Skadegaard Thorsen, Global CSR: Tax & CR

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  • To define how tax should be a part of the CSR / CR agenda, we need to first define what CSR / CR is.
  • To define how tax should be a part of the CSR / CR agenda, we need to first define what CSR / CR is.
  • To define how tax should be a part of the CSR / CR agenda, we need to first define what CSR / CR is.
  • Transcript of "Sune Skadegaard Thorsen, Global CSR: Tax & CR"

    1. 1. TAX & CR 21 June 2012 Sune Skadegaard Thorsen GLOBAL CSR sst@global-csr.com www.global-csr.com www.learnCSR.comwww.MorgendagensVirskomheder.dk
    2. 2. What is CR / CSR?
    3. 3. CR and the Triple Bottom LineSocial Sustainability Environmental Sustainability Economic Sustainability People Planet Profit
    4. 4. What is CR / CSR / Corporate Sustainability / Corporate Citizenship - the concept CSR is how corporations take responsibility for contributing while not becoming a barrier to sustainable social, environmental and economic development
    5. 5. 10 Internationally Recognised Principles for Corporate Responsibility1. Support and respect the protection of internationally proclaimed human rights2. Make sure that you are not complicit in human rights abuses3. Uphold the freedom of association and the effective recognition of the right to collective bargaining Soc. Sust.4. Uphold the elimination of all forms of forced and compulsory labour5. Uphold the effective abolition of child labour6. Uphold the elimination of discrimination in respect of employment and occupation7. Support a precautionary approach to environmental challenges8. Undertake initiatives to promote greater environmental responsibility Env. Sust.9. Encourage the development and diffusion of environmentally friendly technologies10. Work against all forms of corruption in all its forms, including extortion and bribery Ec. Sust.
    6. 6. The Core International Principles for sustainable development in the UNGC Corporate Social Responsibility (People) (Planet) (Profit) Social Sust. Environmental S. Economic Sust. … … … Taxes Kyoto Protokol The International Anti-trust Bill of Human Johannesburg Rights Action Plan UN Anti-Corruption Including the Convention International Rio Declaration Labour Organisation’s International Declaration on The UN Biodiversity Accounting/Audi- Fundamental Convention ting Standards Labour Rights
    7. 7. Tax: a CR Issue?NO!Q: Why not?A: Taxes are regulated by law and therefore not CR (which is voluntary).A: Taxes are just another cost. Costs are not considered CR!
    8. 8. Tax: a CR Issue?Qualifier – impacts on societyQ: Are corporate payments of taxes important for sustainable development?A: With global market economies payment of corporate taxes is crucial to the economic sustainability of any Country. It is essential to the development of sustainable economies in emerging markets.
    9. 9. Tax: a CR Issue?Core CR vs. non-core CRQ: Did we establish internationally agreed norms for this impact on economic sustainability?A: No internationally (UN) agreed norms for payments of taxes non-core CR
    10. 10. General Management Corporate Lean processes Strategy Corporategovernance Balanced Compliance Quality Scorecard Other Risks & OpportunitiesPartnerships Procurement Donations Biodiversty Profit - Sponsorships De- Supply Chain forestation Accounting ManagementAccountability Money- Climate UN Global Compact laundering Investments Mediation Core principles addressed Fraud Impact Poverty 6 3 1Whistle-blower on on on Assessments p Anti-trust Human Environ- Corrup- Stakeholder Rights ment tion Country Risk engagement MDGs Analyses Taxes Corporate Employee Due diligence Operations Traditional welfare Corp. Gov. Production issues Internal review GMOs Cradle Animal to welfare Research & Development cradle Community Human involvementCommunication Branding Sales Resources Training Issues Reporting Marketing & PR Management Lobbying
    11. 11. Tax becoming a part of the CSR agenda – EU Developments• CSR definition - October 2011 EU CSR communiqué: “the responsibility of enterprises for their impact on society”• The EU has issued many documents on good tax governance
    12. 12. Tax becoming a part of the CSR agenda – OECD DevelopmentsOECD, examples:The Global Forum on Transparency andExchange of Information for Tax PurposesThe Centre for Tax Policy and AdministrationGuidelines for Multinational EnterprisesTransfer Pricing GuidelinesOECD Model Tax Convention
    13. 13. Other actors are becoming more engaged•Corporate Citizenship•Action Aid•Christian Aid•Tax Justice Network•KPMG
    14. 14. The business case for corporations to participate1. Demonstrating leadership (provided that core CR issues are dealt with diligently)2. Participate in defining the core principles for tax payment3. Creating a universal level playing field for a considerable cost (both monetary, management time and human resources)
    15. 15. THANK YOU
    16. 16. Management principles for Corporate Responsibility on Tax Session II
    17. 17. UN Guiding Principles; a possible governance system for responsible tax behaviour UN Guiding Principles on Business Moving from and Human Rights unanimously adopted ”Naming and shaming” June 2011 To ”Knowing and showing” Part of UN, OECD, IFC, EU CSR policy frameworks ”The Guiding Principles is the authoritative global reference point for business and human rights” John Ruggie – June 2011
    18. 18. Three Components of the Corporate Responsibility to RespectPOLICY COMMITMENTPROCESS Identification Prevention Due Diligence Process Mitigation AccountingREMEDIATION
    19. 19. General Management Corporate Lean processes Strategy Corporategovernance Balanced Compliance Quality Scorecard Other Risks & OpportunitiesPartnerships Procurement Donations Biodiversty Profit - Sponsorships De- Supply Chain forestation Accounting ManagementAccountability Money- Climate UN Global Compact laundering Investments Mediation Core principles addressed Fraud ImpactWhistle-blower Poverty 6 3 1 Assessments on p on on Anti-trust Human Environ- Corrup- Stakeholder Country Risk MDGs Rights ment tion engagement Taxes Analyses Corporate Employee Due diligence Operations Traditional welfare Corp. Gov. Production issues Internal review GMOs Cradle Animal to welfare Research & Development cradle Community Human involvementCommunication Branding Sales Resources Training Issues Reporting Marketing & PR Management Lobbying
    20. 20. General Management UN Global Compact Core principles People Planet Profit 6 on Human Rights 3 on Environment 1 on Corruption Poverty Biodiversty Profit - Accounting MDGs Climate Money-laundering Employee welfare De-forestation Fraud Animal welfare Anti-trust Cradle to cradle Taxes POLICY DUE DILIGENCE GMOs REMEDIATION Trad. Corp. Gov. Iss. COMMITMENT PROCESS Corporate Operations Corporate governance Corporate Strategy Production Quality Lean Accountability Investments Blue OceanRisk Analyses Impact Assessments Compliance Balanced Scorecard Community inv. PartnershipsCommunication HR Training Internal review Whistle-blower Donations/SponsorshipsSCM Procurement R&D Due diligence Issues Management Stakeholder eng. Lobbying Marketing & PR Sales Reporting Mediation Branding
    21. 21. THANK YOU
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