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Transparency failings among big business

More than seven out of ten of the world’s largest publicly traded companies fail to disclose the taxes they pay outside their country of domicile, while more than four out of ten do not disclose revenues generated abroad. The findings emerge from a study of the 124 largest listed companies by corruption watchdog Transparency International. Extractive companies perform especially poorly. Of the 24 mining firms and oil and gas businesses in the group, 19 disclose tax payments and revenue in less than half the countries where they operate. This puts them at risk of non-compliance when new disclosure rules come into force in the EU and US next year. That said, three of the top four ranked companies are extractives: BHP Billiton, Eni and Statoil. At a country level, Chinese companies scored badly overall. Of the worst 11 companies for transparency and anti-corruption measures, six are based in China.

More women in boards of FTSE firms

The number of women on the FTSE 100 boards exceed one fifth (22.8%), an interim report by the Cranfield School of Management finds. The figure drops to just above one sixth (17.4%) for FTSE 250 companies. The figures mark an 82%...

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Clean technology  Corporate tax  deforestation  emerging markets  gender equality  IPCC  protected land  tax avoidance  water conservation  zero emissions 

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