Progress 2019: Responsible tax

Well-functioning tax systems locally and internationally help finance public services that support sustainable development, local societies, business and trade. We recognise the need for companies to support the local economies in which they do business.

Ambition

To be a compliant and accountable tax payer with responsible and transparent tax practices.

Targets

Ensure full compliance with tax regulations in all countries where we operate. Continue to engage in dialogue with stakeholders on tax matters. Meet our commitment to implement the B Team Responsible Tax Principles by 2020.

Progress 2019

Paid 458 million USD in taxes, a drop compared to previous years, due to our disengagement from the energy sector. Continued dialogue with tax stakeholder groups. Prepared for alignment with B Team tax principles.

Read more on page 39 in our Sustainability Report 2019.

Read more about Responsible Tax.

Related UN Sustainable Development Goals