We aim to improve the lives of the people we touch and this includes the economic contribution we make to different stakeholder groups. The level of contribution is subject to a range of factors including:
–– the commercial success of our business;
–– local and international economic drivers and trends;
–– fiscal and regulatory frameworks to which we are subject.
Our economic contribution, which is important to a range of stakeholders, is summarised in our Corporate Responsibility Report.
Governments need to raise taxes to meet the vital social and economic needs of their populations. We are fully committed to meeting our legal obligations in this respect in each of the countries where we operate. We fully support the moves towards greater transparency with tax authorities and the initiatives being introduced to enable this.
Our Tax Statement is available on our website and more details are included in our Annual Report and Accounts
We have launched a global programme as the focus of our volunteering and charitable activities. This focus is on helping disadvantaged young people get a healthier start in life, to help them avoid some of the chronic conditions that our products and services target. This programme is called 'LIFE+ by ConvaTec' and you can read more about it here.
In addition, employees at a number of our locations develop projects to help their local communities. More information on all of these initiatives can be found in our Corporate Responsibility Report.