Connect with us

Technology

Deloitte Named ESG Firm of the Year at International Tax Review 2024 Americas Tax Awards

Published

16 hours ago

on

ITR recognizes Deloitte for achievement in tax innovation, technology, ESG and DEI

NEW YORK, Sept. 27, 2024 /PRNewswire/ — Deloitte announced today that it has received four awards at the 2024 International Tax Review (ITR) Americas Tax Awards, honoring its accomplishments delivering market-leading services and solutions. Deloitte was named “ESG Firm of the Year” and “Diversity Equity & Inclusion Firm of the Year,” becoming the first winner of the ESG award category in its inaugural year recognized by ITR. Additionally, Deloitte was named “Tax Technology Firm of the Year” in the Americas region for the seventh consecutive year, as well as “Tax Innovator of the Year” for the fourth consecutive year.

“Deloitte Tax’s multiple wins at the 2024 ITR Americas Awards reflect our organization’s steadfast commitment to innovation, sustainability, and a culture of inclusion, as well as the commitment of our professionals to making their ideas a reality,” said Carin Giuliante, chair and CEO, Deloitte Tax LLP. “Every day, our teams are committed to integrating purpose into our services, creating meaningful impact for our clients and the communities we serve. These recognitions underscore the purpose-driven approach we take in fostering sustainable and inclusive business practices, and I am proud that the hard work and efforts of our people were recognized by this year’s awards.”

“Winning ESG Firm of the Year is a proud moment for Deloitte and a validation of the exceptional work our professionals deliver to help equip our clients to meet evolving regulatory and stakeholder expectations,” said Carl Obradovich, partner, U.S. Tax Sustainability co-leader, Deloitte Tax LLP. “We are committed to helping organizations as they navigate the complexities of ESG integration, foster responsible business practices, and seek to achieve their sustainability goals. This recognition underscores the importance of our work and motivates our team to continue leading the way in sustainable tax services, helping our clients and professionals alike remain well-positioned to accelerate their sustainability efforts.”

Added David Yaros, principal, U.S. Tax Sustainability co-leader, Deloitte Tax LLP, “For years, Deloitte Tax has been at the forefront of advising clients as they integrate crucial ESG principles into their core strategies. Receiving the ESG Firm of the Year award from ITR is a testament to our long-term commitment to sustainability and responsible business practices. As we look to the future, Deloitte remains committed to driving positive change, advancing ESG practices, and striving to help our clients make impactful progress on their sustainability goals.”

The 19th annual Americas Tax Awards from ITR recognize significant achievements and innovations that highlight creativity and ingenuity. Deloitte’s dedication to both technical and professional excellence was readily apparent in its 2024 award wins, where notable consideration was given to multiple efforts, including:

ESG Tax Solutions: Over the past year, Deloitte has provided comprehensive tax advice and resources — from knowledge to processes to technology — to help companies achieve their environmental, social and governance (ESG) goals, such as improving sustainability performance and meeting stakeholder expectations. Four key ESG developments were introduced: a major refresh of the IncentivesHub credits and incentives technology, enhancements to Deloitte Tax LLP’s T4WOTC™ platform, the launch of ESG Tax Governance Labs to address formal tax ESG governance requirements, and the establishment of Corporate Philanthropic Purpose Labs to streamline charitable giving. These achievements, along with other offerings in Deloitte’s Tax ESG portfolio, collectively support companies in achieving measurable change that benefits society and the environment.

Commitment to Well-being and Sustainability at Work: As part of its commitment to amplify and continuously improve employee well-being, over the past year Deloitte has put in place three well-being business priorities and corresponding initiatives: “Enhance Everyday Well-being,” “Embed Well-being in Our Culture,” and “Elevate Impact of Integrated Mental Health Services (IMHS).” Deloitte’s well-being initiatives are driven by a strong business need, aligned with its tax strategy, and are designed to make a meaningful impact on its professionals, teams and overall Tax practice.

MADE (Making Accounting Diverse and Equitable): Deloitte’s MADE commitment, which includes accounting scholarships, is a comprehensive strategy to work to address the major barriers faced by racially and ethnically diverse students and to grow the population of diverse talent — thus helping transform the future of the accounting profession. This commitment offers resources and opportunities for students and entry-level professionals, supporting CPA certification and career advancement. MADE also includes leadership development for mid-level professionals and a program to prepare executives for corporate board roles.

Innovative State Tax Compliance Automation: Tax compliance, historically complex and time-consuming, is a top concern for companies. Deloitte’s innovative State Tax Compliance Automated Work Process (AWP) System standardizes and automates the state tax compliance work paper process, enhancing Deloitte’s ability to provide tax compliance services with efficiency and value. This system transforms manual, spreadsheet-driven processes into an automated experience, standardizing work papers, increasing efficiency, and streamlining return review using advanced analytics.

Generative AI (GenAI) Enhancements: As a long-time AI innovator, Deloitte has integrated GenAI into applications across its global network. This past year, the enterprise tax platform, Intela, introduced five new GenAI-powered features to enhance the tax compliance lifecycle. These features include a work plan generator, Document Drop for organizing client files, automated data transformations, a tax research chatbot, and a “Conversation with a Tax Return” feature for identifying anomalies.

Pillar Two Data Diagnostic Accelerator: Deloitte’s Pillar Two Data Diagnostic Accelerator is a noteworthy tool used by Deloitte to help clients address a major international tax challenge — taking the Pillar Two tax model from theory to execution. It does so by streamlining the data-driven process of reporting and complying with Pillar Two rulesets in more than 135 countries. By identifying required, existing and missing data, the tool serves as both a diagnostic tool and accelerator for Deloitte to use in advising clients as they develop a roadmap to get the required data in place.

The 2024 ITR Americas Awards recognize efforts that pioneered novel approaches in the tax industry and were executed between January 2023 and January 2024.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

View original content to download multimedia:https://www.prnewswire.com/news-releases/deloitte-named-esg-firm-of-the-year-at-international-tax-review-2024-americas-tax-awards-302260265.html

SOURCE Deloitte

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

TELUS Acquires Additional Shares of TELUS Digital

Published

45 mins ago

on

September 28, 2024

By

VANCOUVER, BC, Sept. 27, 2024 /PRNewswire/ – TELUS Corporation (“TELUS”) today announced that it has acquired, through a wholly owned subsidiary, an aggregate of 2,593,631 subordinate voting shares (the “Purchased Shares”) in the capital of TELUS International (Cda) Inc. (“TELUS Digital”) by way of market purchases over the facilities of the Toronto Stock Exchange. As a result of the acquisition of these subordinate voting shares, TELUS has acquired an additional 2.35% interest in the TELUS Digital subordinate voting shares since TELUS’ prior early warning report filed on August 16, 2024. When added to the 4,031,191 subordinate voting shares held prior to the last report, TELUS now holds approximately 5.99% of the outstanding subordinate voting shares.

“We continue to hold confidence in TELUS Digital and its long term profitable growth strategy,” said Darren Entwistle, President and CEO of TELUS. “In recognition of the considerable opportunities ahead, we are once again increasing our existing share ownership of the subordinate voting shares in the public market. These purchases are not part of a strategy to privatize the business, but rather, a reflection of our strong belief in the meaningful and sustainable value that TELUS Digital will create for stakeholders in the years to come.”

The purchase of the Purchased Shares is being made pursuant to the normal course purchase exemption set forth in section 4.1 of National Instrument 62-104.

Before giving effect to the purchase subsequent to our August 15th news release, TELUS held an aggregate of 152,004,019 multiple voting shares of TELUS Digital and 4,031,191 subordinate voting shares. These securities represented approximately 92.5% of the outstanding multiple voting shares and 86.9% of the outstanding voting rights attached to all shares of TELUS Digital and approximately 56.8% of the total shares outstanding, reflecting the conversion by Riel B.V. of multiple voting shares into subordinate voting shares. The 2,593,631 Purchased Shares were acquired at an average purchase price of C$4.90, representing a total additional investment, before trading commissions, of C$12,703,197. After giving effect to the market purchases, TELUS holds an aggregate of 152,004,019 multiple voting shares and 6,624,822 subordinate voting shares. The shares held by TELUS now represent approximately 92.5% of the outstanding multiple voting shares, 6.0% of the outstanding subordinate voting shares, 57.7% of the outstanding shares of TELUS Digital and 87.0% of the outstanding voting rights of TELUS Digital. The multiple voting shares of TELUS Digital may be converted into subordinate voting shares on a one-for-one basis at any time.

TELUS purchased the Purchased Shares for investment purposes and may or may not purchase or sell multiple voting shares, subordinate voting shares or other securities of TELUS Digital in the future on the open market or in private transactions, depending on market conditions and other factors. TELUS currently has no other plans or intentions that relate to its investment in TELUS Digital. Depending on market conditions, general economic and industry conditions, TELUS Digital’s business and financial condition and/or other relevant factors, TELUS may at any time develop other plans or intentions in the future relating to one or more of the above items. A copy of the early warning report to be filed by TELUS in connection with the acquisition will be available on TELUS Digital’s profile on SEDAR+ at sedarplus.ca. Alternatively, you may contact TELUS Investor Relations at 1-800-667-4871 in order to obtain a copy of the report.

The headquarters and principal executive offices of TELUS Digital are located at Floor 5, 510 West Georgia Street, Vancouver, British Columbia, Canada V6B 0M3

About TELUS

TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with more than $20 billion in annual revenue and over 19 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better.

Operating in 32 countries around the world, TELUS Digital Experience (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across strategic industry verticals, including tech and games, communications and media, eCommerce and fintech, banking, financial services and insurance, healthcare, and others.

TELUS Health is a global healthcare leader, which provides employee and family primary and preventive healthcare and wellbeing solutions. Our TELUS team, along with our 100,000 health professionals, are leveraging the combination of TELUS’ strong digital and data analytics capabilities with our unsurpassed client service to dramatically improve remedial, preventive and mental health outcomes covering over 75 million lives, and growing, around the world. As the largest provider of digital solutions and digital insights of its kind, TELUS Agriculture & Consumer Goods enables efficient and sustainable production from seed to store, helping improve the safety and quality of food and other goods in a way that is traceable to end consumers.

Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS and our team to contribute $1.7 billion, including 2.2 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world. Together, let’s make the future friendly.

For more information about TELUS, please visit telus.com, follow us at @TELUSNews on X and @Darren_Entwistle on Instagram.

Investor Relations
Robert Mitchell
(647) 837-1606
ir@telus.com

Ian McMillan
(604) 317-8768
ir@telus.com 

Media Relations
Steve Beisswanger
(514) 865-2787
Steve.Beisswanger@telus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/telus-acquires-additional-shares-of-telus-digital-302261639.html

SOURCE TELUS Corporation

Continue Reading

Technology

Observo AI, the AI-Powered Telemetry Data Pipeline, Joins the Azure Marketplace

Published

4 hours ago

on

September 27, 2024

By

Observo AI, the AI-powered security and observability telemetry pipeline is now available on Azure Marketplace.

FREMONT, Calif., Sept. 27, 2024 /PRNewswire-PRWeb/ — Observo AI, a pioneer in creating security and observability data pipelines powered by Artificial Intelligence, today announced a partnership with Microsoft and the availability of Observo on Azure Marketplace. This will make it easier for Azure customers to quickly adopt Observo to help control costs, manage data sprawl, boost productivity, and identify and resolve critical incidents faster.

There is huge growth in data sent to analytics platforms by security teams. Costs for MS Sentinel are increasing at an untenable pace. Azure customers now have access to Observo AI through Azure Marketplace to optimize this data, route it to Sentinel, and save as much as 50% on SIEM costs.

Customers can now deploy Observo AI at speed while benefiting from Azure’s trusted and secure infrastructure, as well as its global commercial footprint. Availability on the Azure Marketplace will enable seamless purchasing and invoicing, with customers able to use their existing Microsoft Azure Consumption Commitment (MACC) to purchase Observo AI.

“Many of our customers who have moved to Azure are experiencing a huge increase in telemetry data sent to analytics platforms by Security and DevOps teams. Expenditures on tools like Microsoft Sentinel are increasing at an untenable pace,” said Ricky Arora, Co-Founder and COO of Observo AI. “Azure Cloud customers now have access to Observo AI through the Azure Marketplace to optimize this data, route it to Sentinel or any other analytics tool, and save as much as 50% on security costs.”

“Observo AI, available on the Azure Marketplace, offers a solution for Microsoft Azure and Sentinel customers struggling with the relentless growth of security data,” said Jatinder Mann, CEO of Cetark, a cyber security services company specializing in Microsoft Security portfolio. “Observo AI empowers Security teams to optimize costs, speed incident response, and ensure robust security and compliance with a seamless, fast, and easy purchase option through the Azure Marketplace.”

Learn More

For more details on how Azure customers can take advantage of Observo AI’s AI-powered pipelines, read the complete announcement on the Observo AI blog. Visit the Observo AI Website at www.observo.ai Watch the Observo AI explainer video at https://vimeo.com/899662669

About Observo AI

Observo AI was created to help solve the biggest telemetry data problems. Observo helps reduce security costs by 50% or more while resolving incidents more than 40% faster. Our AI-Powered Observability Pipeline helps break-free from static, rules-based pipelines. Observo automates security and observability with a pipeline that constantly learns and improves. Minimize risks, enhance visibility, protect sensitive data, and stay in compliance with Observo AI.

Media Contact

Bryan Turriff, Observo AI, 1 5014129978, bryan@observo.ai, www.observo.ai

View original content to download multimedia:https://www.prweb.com/releases/observo-ai-the-ai-powered-telemetry-data-pipeline-joins-the-azure-marketplace-302260671.html

SOURCE Observo AI

Continue Reading

Technology

VXI Global Solutions to grow Morrow, GA location with up to 300 new positions to support new clients

Published

4 hours ago

on

September 27, 2024

By

VXI Global Solutions announced today an expansion of their customer service center at 1000 Southlake Circle, adding over 300 new full-time positions to support multiple new clients.

MORROW, Ga., Sept. 27, 2024 /PRNewswire-PRWeb/ — VXI Global Solutions, a leading provider of customer experience (CX) and business process outsourcing (BPO) solutions, announced today an expansion of their customer service center at 1000 Southlake Circle, adding over 300 new full-time positions to support multiple new clients.

“We have an amazing group of people at VXI,” said Tommy Thompson, Director of Operations for VXI Morrow. “I am delighted to be able to bring meaningful job opportunities to this community. Over 85% of our leaders are promoted internally, so there are real opportunities for career growth.”

The state-of-the-art facility offers full-time positions where high performers can earn $40,000 per year with impressive weekly incentives depending on the client program they support. VXI is looking for applicants with experience in Customer Service, Sales, and Tax Preparation all with start dates throughout October and November 2024.

Local Head of Talent Acquisition, Chelsea Yancoskie, shared, “We are excited to welcome our new clients and offer these on-site positions to the local community, providing opportunities to share in our success. We’re not only looking for customer service professionals but also individuals with significant experience in sales and income tax preparation. Starting wages begin at $17 per hour, with some positions offering up to $19 per hour depending on the candidate’s qualifications.”

VXI provides paid training, comprehensive medical, dental, and vision benefits, 401(k) options, paid time off, and one of the industry’s best unlimited employee referral programs. VXI Morrow is located in Southlake Mall, so employees can easily access the Food Court and retail shops just steps away, offering convenience during breaks and before or after shifts. Team members are encouraged to “Stand Out & Fit In” by participating in the Visionaries & Passion4 volunteer programs focused on promoting an inclusive workplace and community support events. Additional perks include discounted cell phone plans, rewards programs, and frequent prize giveaways and free luncheons.

“We have an amazing group of people at VXI,” said Tommy Thompson, Director of Operations for VXI Morrow. “I am delighted to be able to bring meaningful job opportunities to this community. As one of the largest certified minority-owned businesses in the US, VXI was recently recognized as one of Newsweek’s Greatest Places to Work for Diversity and our culture is second to none. Over 85% of our leaders are promoted internally, so there are real opportunities for career growth.”

To learn more and apply, please visit the VXI Careers website or click the link: VXI Morrow apply

About VXI Global Solutions 

VXI Global Solutions is a BPO leader in customer service, customer experience, and digital solutions. Founded in 1998, the company has over 40,000 employees in more than 40 locations in North America, Asia, Europe, and the Caribbean. VXI delivers omnichannel and multilingual support, software development, quality assurance, and CX advisory, automation, and process excellence to the world’s most respected brands.

VXI is backed by private equity investor Bain Capital and is one of the fastest growing, privately held business services organizations in the United States and the Philippines, and one of the few U.S.-based customer care organizations in China.

For more information, visit http://www.vxi.com.

Media Contact

VXI Corporate Communications, VXI Global Solutions, (213) 637-1300, comms@vxi.com, https://vxi.com/

View original content:https://www.prweb.com/releases/vxi-global-solutions-to-grow-morrow-ga-location-with-up-to-300-new-positions-to-support-new-clients-302261560.html

SOURCE VXI Global Solutions

Continue Reading

Trending