Governmental and Corporate Tax Policies in Environmental, Social, and Corporate Governance (ESG) Strategies

Summary

This practice note addresses certain tax issues that relate to environmental, social concerns, and corporate governance (ESG) objectives that are part of the planning considerations for many corporations. Included in the practice note are those federal and state and local tax developments, particularly incentives and disincentives, that impact corporate ESG policies and practices. Included is a discussion of the role of corporate tax departments in opromoting the implementation of policies and procedures that conform to tax best practices for purposes of the corporation's overall ESG strategy.