Ernst & Young LLP survey finds that due to lack of collaboration between tax and sustainability departments, companies missing key financial opportunities
There’s a lot of talk about the other green of sustainability – financial savings. However, a recent survey from Ernst & Young LLP found that many companies might be missing opportunities, as tax departments and sustainability programs lack integration. Only 16% of companies that either have or are developing an environmental sustainability strategy said their tax or finance departments are actively involved in it, according to the survey entitled Working Together: Linking sustainability and tax to reduce the cost of implementing sustainability initiatives.