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Joint Statement

Open Letter for a Social Taxonomy

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Together with 12 other NGOs, we have sent a letter to EU Commissioners McGuinness and Schmit to urge them to follow up on the work on the Social Taxonomy, as mandated by the EU Taxonomy Regulation. The Commission was supposed to publish a report describing the provisions needed to cover social objectives by 31 December 2021, but so far it did not. Building on the progress achieved in recent sustainability initiatives as well as on the report published one year ago by the Platform on Sustainable Finance and pointing at the several merits of a social dimension for the EU Taxonomy, we call on the Commission to not to lose sight of this important work.