Human Rights Are Investors’ Obligations - A Proposal for a Social Taxonomy for Sustainable Investment

In June 2020, the EU Parliament adopted the EU taxonomy for "Sustainable Finance". All sustainable investment funds offered in the EU will have to report how closely they comply with this classification for sustainable economic activities. While the draft deals extensively with ecological sustainability, social issues have not been given sufficient consideration. Starting from this gap, SÜDWIND has developed a "social taxonomy" for sustainable investment. Especially in times of the Corona Pandemic, it becomes clear that capital must be invested where it is making a difference, ecologically and socially. The UN's Sustainable Development Goals (SDG) as well as the UN Guidelines on Business and Human Rights provide orientation for the location of social sustainability.

Year of publication: 2020
Article number: 2020-14
Number of pages: 56

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