Tax & cost, transparency & fairness: Coca Cola, tax strategy

EOS continued engagement on our behalf with priority watchlist companies focusing on the four critical areas in our responsible tax principles: policy, governance, stakeholder engagement and transparency.

At Coca-Cola, EOS engaged in discussions regarding the company’s tax strategy and disclosure with their Head of Tax. The discussions covered the company’s governance approach and the relationship with tax authorities. EOS also encouraged the company to consider reporting against the GRI 207 standards. Coca Cola confirmed that it had established a plan to report taxes paid on a country-by-country basis, in compliance with impending EU legislation.