Transparency, good governance, and accountability

We manage fiscal matters in a proactive, responsible and transparent way with our stakeholders, in order to comply with fiscal legislation and to minimise reputational risk, consistent with the protection of shareholder value.

Our tax strategy

Our tax strategy was approved by the Board of Directors on 30 June 2015, and aims to define the approach to tax matters, in a manner that is consistent and aligned with the group's strategy. The tax strategy and the Code of Ethics and Conduct set out the commitment not to create companies in territories considered as tax havens with the aim of evading taxes.

The tax strategy is based on three core values: transparency, good governance, and accountability.

Tax Transparency Report 2022