CEOs and CFOs are expanding and clarifying their environmental, social, and governance (ESG) responsibilities, and tax executives should follow suit. This is especially the case in the retail industry where a unique combination of ESG risks and opportunities — including shifting consumer expectations, sustainable distribution, recruiting and retention correlations, packaging decisions, and more — will exert mounting impacts on the bottom line and shareholder value in the coming years.
To advance on their ESG journeys, retail tax leaders should:
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