ESG subsidies and fiscal incentives ESG subsidies are financial contributions from the government or other institutions that support companies in implementing sustainable and socially responsible projects. These subsidies are intended to reduce the initial costs of ESG initiatives and encourage companies to further invest in sustainability.
Energy taxes and environmental levies are fiscal instruments used by governments to encourage environmentally friendly behavior and discourage environmentally harmful behavior. These taxes and levies are intended to encourage businesses and consumers to make more sustainable choices, thereby contributing to environmental protection
Fiscal transparency means that companies are open and honest about their tax policies and practices. This includes disclosing information about where and how much tax is paid, as well as the strategies used to minimize tax obligations. Transparency helps build trust between companies and their stakeholders and contributes to a fairer tax environment.
The EU Green Deal is an ambitious set of policy initiatives by the European Commission aimed at making Europe the first climate-neutral continent by 2050. The plan was presented by the European Commission in December 2019 and includes a wide range of measures aimed at promoting sustainable economic growth, reducing greenhouse gas emissions, and protecting the environment.
