On 28 September 2023, the Government submitted to Parliament its proposal for amending the Accounting Act, the Auditing Act and certain related acts. The proposed acts would implement the European Union Directive on corporate sustainability reporting (2022/2464).

Finland’s new Bioeconomy Strategy has been completed. The strategy aims to double the value added of bioeconomy in an ecologically, socially and economically sustainable manner and to make Finland climate neutral by 2035.

The food industry has renewed its commitment to materials efficiency to promote more sustainable food production, distribution and consumption in 2022–2026. The Finnish Food and Drink Industries’ Federation, the Finnish Grocery Trade Association and the Finnish Hospitality Association MaRa have signed the commitment together with the Ministry of Economic Affairs and Employment, the Ministry of Agriculture and Forestry and the Ministry of the Environment.

Finland and Sweden have sent a letter to Mairead McGuinness, EU Commissioner for financial services, financial stability and the Capital Markets Union, in which they express their concerns about the proposed technical screening criteria for nuclear power in the draft complementary delegated act of the EU Taxonomy Regulation. The College of Commissioners is expected to publish the final delegated act this week.

In a joint article published in several European newspapers on 11 October 2021, the ministers of 10 EU Member States write that nuclear power is part of the solution to reduce emissions and to strengthen Europe’s self-sufficiency in energy. According to the ministers, nuclear power must be included in the taxonomy for sustainable finance, which the European Commission is currently preparing.