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Committed to fiscal transparency and responsible tax conduct
Letter written by María Muñoz Viejo, Head of Fiscal Affairs at Endesa and Marco Palermo, CFO of Endesa.
Once again, we have the honour of publishing Endesa's Fiscal Transparency Report, which details the policies and general principles we apply in the field of taxation and clearly explains our tax contribution and the cooperative relations we maintain with the Tax Administration. This report represents the result of a joint and dedicated effort by the entire Endesa team to ensure responsible and transparent compliance with its tax obligations, thus contributing to sustainable development and social welfare in all the places where we operate.
Our commitment to good corporate governance, integrity and fiscal transparency is integrated into all the activities of our business management. Compliance with tax regulations and the application of responsible tax policies, together with the promotion of transparent and cooperative relations with Tax Administrations, are part of the principles that inspire corporate responsibility. We have a Fiscal Control Framework with a high degree of maturity and an Information Channel so that all stakeholders can report violations of the Tax Risk Management and Control System. This system guarantees an adequate control system for risk prevention, in line with the guidelines established in Endesas Fiscal Strategy.
For a number of years we have been significantly positioned in the main business transparency, responsibility and sustainability rankings and were awarded the t*** seal of transparency by Haz Foundation, which certifies compliance with twelve indicators that analyse best practices in the area of responsible taxation.
We firmly believe that the principles of fiscal responsibility contribute to the sustainability objectives that Endesa is committed to achieving.