Exactera
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Tax Transparency
- Corporate Accountability
- ESG (Environmental, Social, and Governance)
Climate Goals & Targets
Environmental Challenges
- Increased scrutiny of intercompany transactions
- Public disclosure of sensitive financial and tax data
- Potential for misinterpretation of data by the public
- Fear of revealing trade secrets
Mitigation Strategies
- Reviewing obligations and creating a compliance plan
- Reconciling data between PCBCR reporting and transfer pricing documentation
- Explaining numbers and aligning them with the group’s ESG ethos
- Acknowledging and explaining potential red flags
- Preparing contemporaneous transfer pricing documentation
- Using public data to compare with industry competitors