RWS Annual Report 2022 web - Flipbook - Page 74
Corporate Governance Report
Good governance and business standards are
essential to the success and prosperity of RWS.
RWS is committed to promoting transparent,
fair and timely decision making that considers
the needs of all our stakeholders – colleagues,
shareholders, clients, suppliers and our community.
BUSINESS ETHICS
We take a zero tolerance approach to bribery, corruption, and other
financial crime.
TAX TRANSPARENCY
RWS is committed to being a responsible corporate citizen within each
jurisdiction in which it operates and does not use 'tax haven' countries or
other tax avoidance arrangements as part of its tax planning.
RWS is straightforward, transparent and co-operative in all its dealings
with tax authorities, ensuring that it is in compliance with all local taxation
legislation and meets all applicable filing and payment deadlines.
As an employer of more than 7,500 colleagues across 33 countries and
72 offices globally, RWS also makes significant tax payments in respect of
payroll taxes, value-added taxes and business/premises taxes.
The RWS tax strategy is available to read on our website www.rws.com.
THE BOARD
The Board is committed to providing an environment and opportunities
that encourage and reinforce the corporate culture of the Group. It
is committed to extending the values that it promotes to include all
stakeholder groups. The Board recognises the importance of, and is
committed to, ensuring that effective corporate governance procedures
are in place that are appropriate for a public company of RWS’s size and
complexity.
The Board is committed to providing specific training to Directors, be it
internally-sourced or via external advisers, to ensure their skillset remains
relevant for the Group’s requirements.
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RWS — Annual Report 2022
GOVERNANCE REPORT
