Microsoft Corp., a staple of environmental, social, and corporate governance (ESG) investment funds, is being called out by a group of shareholders for what they say is its poor track record on tax transparency.

Investors managing more than $350 billion in total filed a resolution demanding that Microsoft report in line with the Global Reporting Initiative Tax Standard, according to a statement from the group on Tuesday. The resolution also calls on Microsoft to disclose its tax and financial information on a country-by-country basis.

 

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