Climate change will have a major effect also on your taxes. All over the world, governments are responding to the increasing urgency of change with strict laws and measures. An illustrative example is the Fit for 55 Package, presented by the European Commission on 14 July 2021. A 12,000 page legislative proposal aiming to reduce domestic net greenhouse gas emissions by at least 55 percent by 2030 and to pave the way to become the world's first climate-neutral continent by 2050.
This ESG animation gives you a taste of the potential impact of these changes on your business, your strategy, your workforce, so basically on your entire company. In this animation we see a company that is highly impacted by climate change through the energy transition and related measures and international agreements. Not all aspects may be relevant for your company, but we are convinced that some will have an impact. So do watch this opening animation and feel free to contact us to discuss your approach.
What does the energy transition and the 'Fit for 55 package' mean for your organisation? In this animation, we explain it to you. More animations will follow in the coming weeks, with deep dives into carbon pricing, hydrogen and more. Are you ready for the next step? Let's talk!
For more information on the Fit for 55 package, please visit Fit for 55: EU bets on energy savings and greener buildings to meet climate target.
For more information on the energy transition tax angles and our services, please visit Managing tax and energy transition.
Director (Tax) - Energy, Utilities & Resources, PwC Netherlands
Tel: +31 (0)63 419 61 08
Manager - Tax, Sustainability and Incentives, PwC Netherlands
Tel: +31 (0)62 380 36 54
Manager Indirect Taxes, PwC Netherlands
Tel: +31 (0)61 029 42 75