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22
November
2023
|
13:33
Europe/Amsterdam

NN Group maintains strong position in VBDO Tax Transparency Benchmark

NN Group maintains its strong position in the ninth annual VBDO Tax Transparency Benchmark. NN improved its overall score from 36 to 39 out of 40 points and came in second in both the European and Dutch ranking. The Dutch Association of Investors for Sustainable Development (VBDO) applauded NN for its continuing exemplary role in tax transparency.

Dutch technology company Philips was selected by the jury as the top-scorer of this year’s edition. From 2019 until 2022, NN Group led the annual benchmark for the Netherlands. According to the jury, NN Group set the standard for being in control of its tax matters  over the past years.

Annemiek van Melick, Chief Financial Officer of NN Group: ‘We are committed to accountable tax transparency and we are very pleased to see this reflected over the years in the VBDO Tax Transparency Benchmark. NN Group congratulates Philips with their first position in the benchmark. We are very pleased to have improved our score to 39 out of 40 points. The benchmark this year shows increased scores from companies throughout the benchmark. This is good news for tax transparency and it stimulates us to continue to improve our results in this field.’