Podcast

The tax department’s role in sustainability

Part of the Tax News & Views podcast series

The pressure is on as the Inflation Reduction Act (IRA) and other reporting regimes push for companies to demonstrate sustainability efforts. Could tax be a key part of the solution? Tune in to find out.

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The tax department’s role in sustainability

Every transaction has a tax impact. That is the main message that businesses should understand when thinking about how tax departments relate to sustainability. With increased data demands and pressure from reporting regimes and market peers, it is crucial to involve tax departments early and often when pursuing sustainability initiatives. Deloitte Tax transparency specialists, Diana McCutchen and James Gordon, join host Carrie Falkenhayn to discuss how tax departments can support companies in reaching sustainability goals, how businesses should engage with tax strategies, and the future of tax’s role in sustainability.

Most reporting regimes have within them a kind of financial modeling element, and anytime you’re doing a financial model, it would be a huge miss to not think of tax as an important data point because tax can fund or find funding through credits and incentives to support some of these initiatives.                                                                                                                                                                                                                                          —Diana McCutchen

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