Social taxonomy
From ACT Wiki
Sustainability - social concerns - European Union - European Commission.
The EU's Social Taxonomy is a tool to help investors, companies, issuers and project promoters define social investments on a consistent basis.
It consists of three overarching objectives:
- Decent work, including for value-chain workers.
- Adequate living standards and wellbeing for end-users.
- Inclusive and sustainable communities and societies.
- Social taxonomy recommendations shelved indefinitely
- "The EU’s [International] Platform on Sustainable Finance recommendations for the development of a social taxonomy to promote sustainable investment in Europe, putting the focus on the protection of human rights and on the social impact on the main stakeholder groups of businesses: employees, customers and communities, has been shelved indefinitely due to difficulties in agreeing on a conceptual framework and measurement system that would work at both the EU and global level."
- ACT - ESG Update September 2022 - Naresh Aggarwal.
See also
- European Union (EU)
- Framework
- International Platform on Sustainable Finance
- Social concerns
- Sustainable Development Goals
- Sustainable finance
- Sustainability
