Sustainability Labels And Standards

Definition

Sustainability Labels And Standards. In the context of the Financial Competence Framework, Sustainability Labels And Standards is a topic in the Financial Landscape subject matter domain.

Examples

• Energy Performance Certificate

Competences

Mastering the role of Sustainability Labels And Standards in Financial Literacy context requires the following competences:

Code	Competency Description	Competency Type
500	Aware of the existence and meaning of various sustainable product standards and labels	Knowledge
501	Aware that in addition to standards defined in EU law, there could be standards set out in business practices, which may or may not be aligned with the standards defined in EU law	Knowledge
502	Aware of the existence of the EU taxonomy for sustainable economic activities	Knowledge
503	Makes informed decisions in line with one's sustainability preferences based on reliable standards and labels for financial products	Skill
504	Motivated to research existing standards and labels and to understand their meaning of	Attitude