News

Repsol become largest tax contributor to secure Fair Tax Mark

Global energy company Repsol have been awarded the Fair Tax Mark, indicating their corporate tax conduct is operating at a gold standard. The Fair Tax Mark is a label demonstrating responsible corporate tax conduct. It is awarded by the Fair Tax Foundation, a trusted third-party accreditor, and is assessed on a set of high-bar criteria. Spanish multinational Repsol are the …

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Unity Trust Bank’s Hogan: Fair Tax Foundation crucial in fostering culture of accountability

Fair Tax Leaders features senior professionals from across the Fair Tax Mark accredited business community. Here, Unity Trust Bank CFO Penny Hogan reflects on 10 years of being Fair Tax Mark accredited, how she would encourage other businesses to apply for the Mark and the importance of the G in ESG. Unity Trust Bank are a specialist bank for social economy …

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20Questions commit to responsible tax with first Fair Tax Mark

UK consultancy firm 20Questions have achieved their first Fair Tax Mark, demonstrating their commitment to responsible tax practices. 20Questions provide independent consultancy services for artificial intelligence in the drug industry, including drug discovery, drug design and cheminformatics. The Fair Tax Mark is the gold standard accreditation for responsible tax conduct and has been awarded to more than 250 distinct trading …

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Fair Tax Foundation surpass investment raise target 

Propelling us into the next phase of our ambitious growth plans for the Fair Tax Mark label We are thrilled to announce that investors, both big and small, have responded passionately to the community share offer we launched in September, ensuring that the future is bright for the Fair Tax Foundation’s ambitious expansion plans and our mission to end the …

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Network Rail right on track with first Fair Tax Mark

Railway infrastructure organisation Network Rail have achieved their first Fair Tax Mark accreditation, demonstrating the company’s commitment to responsible tax conduct. Network Rail own, develop and repair the railway infrastructure in England, Scotland and Wales, which comprises 20 of the largest stations; 20,000 miles of track; 30,000 bridges, tunnels and viaducts; and thousands of signals, level crossings and stations. They …

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Mundys’ Natali: ‘Tax directors are increasingly involved in shaping corporate reputation’

Fair Tax Leaders features senior professionals from across the Fair Tax Mark accredited business community. Here, Mundys Head of Tax Affairs Giuseppe Natali discusses the importance of data and the increasing interest in responsible tax from investors. Founded in 1950, Mundys have operative companies across the world in the highways, airport infrastructure and mobility services sectors. They were the first Italian multinational …

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Clean energy giant Iberdrola first Spanish business awarded Fair Tax Mark

The Fair Tax Foundation are pleased to announce renewables business Iberdrola have achieved the Fair Tax Mark and are the first Spanish business to do so. Iberdrola Group develop grids, renewable energy activities and electricity trading in Europe, the US, Brazil, Mexico and Australia. As at December 2023 they were the largest utility company in Europe by market cap. Read …

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Coventry Building Society’s Newton: ‘Tax can be pivotal in many business decisions’

Fair Tax Leaders features senior professionals from across the Fair Tax Mark accredited business community. Here, Coventry Building Society Senior Manager Finance Ops and Controls Claire Newton discusses the evolving role of the tax function and the benefits of increased reporting requirements. Coventry Building Society are the UK’s second largest building society and were first accredited in 2022. They were founded …

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Tax Responsibility and Transparency Index has a new website!

The Tax Responsibility and Transparency Index has a brand-new website, allowing multinational companies even better access to this pioneering benchmarking tool. The Index, which was announced at the European Parliament in April 2024, enables businesses to benchmark themselves against high-bar, civil society frameworks, pending legislation and pioneering companies broken down by country or sector. This leadership pool is anonymised but participating …

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Barrow Cadbury Trust boost Fair Tax Foundation community share offer by £100,000

We are delighted to have received £100,000 investment from charitable foundation the Barrow Cadbury Trust, taking our community share offer more than 25% of the way to our target. On 2 September 2024, we launched a community share offer on social investment platform Ethex looking to raise £450,000 to expand our operations and bring five times as many businesses into …

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