WTS Global and its member firm in the UK, FTI Consulting, have co-created the first Tax Sustainability Index of its kind
WTS Global, a leading global non-audit tax practice and its member firm in the UK, FTI Consulting, have co-created and launched the first Tax Sustainability Index (TSi). The Tax Sustainability Index (TSi) offers organisations a structured, objective, and measurable basis to assess their tax sustainability. This index enables organisations to:
- position themselves with reference to their approach, strategy and compliance in respect of tax sustainability
- benchmark themselves against other organisations and peers
- understand perceptions of how tax ties in with the ESG approach and strategy within the wider organisation, and
- assess relative performance over a period to assist in long-term ESG goals
The index covers the following five areas:
- Governance – Licence to Operate
- Tax Risk and Planning – A Consequence, not an Influence
- International Compliance – Right Tax in the Right Place
- Stakeholder Engagement – Leaving no-one Behind
- Environmental – Acceleration to Net Zero
The index results can be used to develop a defined plan to enhance the organisations tax sustainability and to communicate progress with key stakeholders.
The completion of the TSi and the results summary are free of charge. If participants would like to explore the results further and understand their meaning, there is a premium option to obtain an evaluation report that contextualises the results and provides recommendations which can be developed into a roadmap accompanied by a support programme provided by WTS Global specialists.
“The TSi is one of the initiatives through which WTS Global leads in innovative thinking, challenges conventional practices, and looks toward the future.”
– Richard Turner, Senior Managing Director, Leader of Tax and Innovation,
FTI Consulting, WTS Global Member Firm in the UK
Our Global team comprises of specialists who are driving the tax sustainability agenda and maintain close contact with industry and academia.
For more information on the Tax Sustainability Index and our experts please visit our TSi website.
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