As corporate responsibility continues to create headlines and play a fundamental role in today’s business world, Elliott Davis is committed to offering necessary services to our customers and prospective customers. Our dedicated team provides insight, direction, and in-depth knowledge about clean energy tax credits, climate and greenhouse gas reporting readiness, assurance requirements, program implementation, reporting requirements, and carbon footprint strategy. We share insights on the regulatory landscape and how your company must prepare for required reporting, but also benefit from sustainability best practices and related tax incentives. 

Sustainability in business means conducting operations to consciously avoid negative impacts to the environment and your surrounding community. The goal is to ensure that short-term profits don’t become long-term liabilities. 

Research shows that companies with high sustainability ratings have a lower cost of debt and equity, and that sustainability initiatives can improve financial performance while encouraging public support. In other words, “doing good” has a direct impact on your company’s ability to “do well.” 

Congress has enacted tax credit programs to encourage corporate responsibility through investment in sustainable practices that create jobs and reinvigorate communities. Under the new rules, taxpayers can qualify for significant credits to offset their federal income tax liability, while taxpayers with no federal tax liability can collect cash through direct payments from the IRS or the transfer of unused clean energy credits on the open market. There are a variety of credits available that may positively impact your tax strategy and, in turn, your ESG strategy.

Our Team

Bergin Fisniku

Senior Manager and ESG Practice Leader

Graham Moseley

Director

Nick Stuart

Senior Manager

Alek Bevensee

Senior Manager

Robert Stallard

Senior Manager

Brad Northington

Director

Jared Kluever

Senior Manager

Additional Resources

Article

What SB 253 and SB 261 Mean for Your…

Sep 27th, 2023

As the world grapples with the urgency of climate change, regulatory frameworks like the SEC’s Climate Disclosure proposal and the EU’s Corporate Sustainability Reporting Directive…
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Article

Harnessing the Power of Clean Hydrogen: A…

Sep 18th, 2023

The Inflation Reduction Act of 2022 (“IRA”), signed into law on August 16, 2022, contains many clean energy tax credits and incentives.  One such credit…
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Article

Energy Credit Updates – IRC Section 48

Jun 05th, 2023

by Bergin Fisniku As part of the Biden administration’s efforts to incentivize the use of clean energy technologies, the Inflation Reduction Act of 2022 (“IRA”)…
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