ESG tax system refers to tax policies and regulations based on Environmental, Social, and Governance (ESG), the implementation of which is of great significance to the promotion of sustainable development, and can promote enterprises and individuals to pay more attention to environmental protection, social welfare and self-governance, so as to realize synergistic development of economy, society and environment. In addition, the ESG tax system can also provide investors with more comprehensive information to help them assess the overall risk, sustainability and value of enterprises. 

Together with Grant Thornton’s global tax experts, we continue to pay attention to the update and development of ESG tax systems in various countries, and conduct indepth research on the impact of ESG-related tax policies on the business strategies of enterprises, so as to help empower the sustainable development of enterprises. 

This article comprehensively explains the latest policy trends in the ESG tax regime, combining global developments and areas of concern to Chinese enterprises to assist you in further understanding the ESG tax reform.