After this FIBS Practice training, you will have an increased understanding on
- What the Article 18 of the Taxonomy Regulation means and what the third pillar of minimum safeguards entails
- How to ensure compliance with these minimum safeguards, particularly around human and labour rights
- What other topics are suggested to be covered by minimum safeguards, and
- How reporting on compliance could look like also vis-a-vis the upcoming Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD).
With the launch of the EU taxonomy regulation and related acts during the past years, companies and financial actors have gradually started reporting on their eligibility and alignment with the taxonomy. Guidance and criteria for substantial contribution and do no significant harm are quite detailed and specific. However, the third key principle of minimum safeguards has been least defined with vague reference to OECD Guidelines for MNEs, the United Nations Guiding Principles on Business and Human Rights (UNGPs) and ILO core conventions.
In this session we will take a deeper look at what is behind this article 18 of the taxonomy and what the Platform on Sustainable Finance is recommending in terms of compliance. Furthermore, we will share examples of the emerging market practice and hear from company representatives on how they are addressing compliance and reporting.
The event will be facilitated by Hanna-Riitta Kurittu, Senior Consultant at Enact Sustainable Strategies. With 15 years of experience in sustainability and sustainable development, Hanna-Riitta is the Enact trainer on EU Taxonomy and also advices businesses in different sectors around human rights and HRDD.
She is joined by Ulrika Lagerqvist von Unge, who is currently Senior Sustainability Manager at Tietoevry, responsible for strategy development and implementation, business development, human rights, sustainability communication, and business ethics.
The detailed program will be published later.
Professionals working with business strategy, sustainability, performance measurement, or business development and other professionals interested in the theme
The participation can be cancelled 48h before the event via the link in the confirmation email.
FIBS’ team, 040 865 1285, firstname.lastname@example.org
FIBS reserves the right to all changes.