- EUR 6.2 billion tax and social security contributions made in 2022, and cumulative EUR c.22 billion since 2019
- Payments support the economies and help fund public services in the countries in which the Group operates
Group Press release, Zurich, Switzerland, 22 May 2023
The Adecco Group, the world’s leading talent company, today published its annual Tax Transparency report, with global tax payments of nearly EUR 22 billion over 2019-2022 inclusive, and EUR 6.2 billion in 2022. The report comprises data from the Group’s three global business units - workforce solutions provider Adecco, LHH a specialist in end to end professional talent solutions, and Akkodis a global leader in smart industry consulting .
Half of all payments are formed from payroll and social security taxes, with the remainder mainly from sales and income taxes.
Coram Williams, Chief Financial Officer of the Adecco Group, commented:
“Over the last four years we have paid almost EUR 22 billion in taxes which helps fund critical public services such as education, infrastructure and health care, helping those most in need.
By seeking to comply with both the letter and spirit of applicable tax laws, we ensure we are meeting our environmental, social, and governance (ESG) commitments to pay our share and make the future work for everyone.”
For further information please contact:
The Adecco Group Press Office
adeccogroup.com
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About the Adecco Group
The Adecco Group is the world’s leading talent Company. Our purpose is making the future work for everyone. Through our three global business units - Adecco, Akkodis and LHH - across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN).