ESG. Responsible investing. Tax. Three topics that have been gaining significance and connection as institutional investors navigate the role, demands and opportunities that responsible investing from a tax perspective can and should play. Whilst some see responsible tax investing as an emerging discipline, others have been grappling with the issues for some time.
In late August and early September, KPMG in Australia hosted a number of Responsible Tax roundtables in Sydney and Melbourne, which gathered some of Australia's largest investors to discuss what progress, or lack of progress, is being made in Australia compared to their global counterparts.
To view the discussion summary of these roundtables, please see the ‘Downloads’ panel located to the right.
by Phil Beswick
Phil has over 20 years of experience in advising groups on the management and transformation of tax, including tax governance, global compliance and tax technology. He advises clients across industry sectors on assessing, improving and testing governance measures in the context of the ATO Justified Trust framework. While based in Zurich and Paris, Phil established and optimised global tax compliance, tax strategy and tax transformation programmes for various European groups. He has advised on and tested tax governance measures of major sovereign wealth funds, banks and airlines in the Middle East and has substantial experience in the use of tax automation and data and analytics technologies in Australia. Phil has also served as an interim head of tax for a global real estate platform based in Zurich.