Investors demand tax transparency from GN Store Nord

Against its will, the board of GN Store has to review whether the company has to provide tax reports on a country-per-country basis starting next year. This was the verdict at the firm's general assembly.

GN Store Nord Chairman of the Board of Directors Per Wold-Olsen. | Photo: Mik Eskestad/Jyllands-Posten/Ritzau Scanpix

The board of GN Store Nord with Chairman Per Wold-Olsen at the Helm opposed LD Pensions' and Akademikerpension's shareholder proposals that tax information should be made public on a country-by-country basis as per 2021. The proposal was supported by boards in many other C25 companies, such as Chr. Hansen, Coloplast, Carlsberg ans FLSmidth.

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