Sustainability Labels And Standards
From Open Risk Manual
Contents
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.[1]
Examples
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 |
References
- ↑ European Union/OECD (2022), Financial competence framework for adults in the European Union
