Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: cpt :: ACCOUNTING STANDARD :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: form 3cd :: ACCOUNTING STANDARDS :: TDS :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: VAT Audit :: VAT RATES :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« General »
 What the increase in tax collections does not tell us about Indian economy post demonetisation
 India’s crazy retrospective tax on foreign funds will tarnish country’s reputation
 How tax related, PAN grievances can be resolved through E-Nivaran
 Tackling income tax exemptions for equities and agriculture
 Amfi wants tax benefits for retirement plans
 Top five factors which could chart market direction in the coming week
 Tax rate hikes boost shadow economy
 Tax mop-up may decline in new amnesty scheme
 Weeks before Budget, Finance Minister Arun Jaitley lists out benefit of low tax rates
 Second home loan tax benefits
 Alarm bells over return of tax inspector raj

Sustainability strategies provide real benefits to most firms: KPMG
January, 21st 2011

A survey commissioned by KPMG of 378 large and medium-sized companies from 61 countries reports 62 percent already have an active sustainability program in place, and 11 percent are currently developing one. Further it shows that pressure from regulators and a rising concern over the potential for brand and reputational damage were early motivating factors at first.

However, once the practical benefits were realized these companies reported a rising support for sustainability on operational and commercial grounds.

Overall, 61 percent found despite some increase in investment, the benefits clearly outweighed the drawbacks.  This number rose to 72 percent among the very largest companies that had revenues above US$5 billion.
 
These companies want to see a continuation of these initiatives as well.

Case in point. Two thirds of respondents said a successor to the Kyoto Protocol is very important and a majority of those actively involved in lobbying their governments over climate change said that they are pressing for tougher regulation, preferably on an international basis.

However, given that 46 percent thought a global climate accord would add to their regulatory burden, and 41 percent said it would add to their operating costs it would seem that most companies would want just the opposite.   But for many companies it is not the fact of regulation that is a problem, it is the uncertainty of not knowing what regulation may appear in future.

Ted Senko, KPMGs Global Head of Climate Change and Sustainability and a partner in the US firm clarifies.

Companies believe that more regulation on carbon will come, and they want it sooner rather than later so that they can adapt and comply, he said. The clear message from business to governments and officials at COP16 is Give us a solid regulatory framework for sustainable business growth, and we will deliver it.

Source: http://www.big4.com/news/kpmg-sustainability-strategies-provide-real-benefits-to-most-firms-2392

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions