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Corporate social responsibility (CSR) reporting CSR reporting obligation: Which companies does it apply to and what is required? An Accounting Act amendment approved on 29 December 2016 requires certain types of company to report on their corporat...https://tem.fi/en/csr-reporting
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26.3.2026 | Under the Government’s proposal, the obligation to produce sustainability reports would only apply to large companies. Going forward, the reporting obligation would only apply to companies with a turnover of over EUR 450 million that employ more than 1,000 people. As a result, the number of companies subject to the reporting obligation in Finland would fall from 1,300 to 130.https://tem.fi/en/-/government-proposes-to-further-reduce-sustainability-reporting-obligations-of-companies
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Auditing Corporations and foundations must appoint an auditor and conduct an audit in accordance with the Auditing Act, Accounting Act and any acts applicable to the corporation or foundation in question. The smallest corporations are exempted fro...https://tem.fi/en/auditing
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4.9.2025 | Under the proposal, large companies would be required to produce their first sustainability report for the year 2027 and publish it in spring 2028. The Government’s aim is to reduce the administrative burden of Finnish companies to the extent permitted by EU legislation.https://tem.fi/en/-/government-proposes-to-postpone-sustainability-reporting-obligation-of-large-unlisted-companies-until-2027
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Statute drafting Drafting statutes is one of the most important tasks of the Ministry of Economic Affairs and Employment. The ministry’s remit includes employment, unemployment and public employment services, work environment issues, collective ag...https://tem.fi/en/statute-drafting
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Working life The Ministry of Economic Affairs and Employment will create conditions for sustainable growth. Sustainable growth is created by skilled miracles in high quality jobs and successful companies, productivity and growing labour responsibi...https://tem.fi/en/working-life
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Key guidelines on CSR The following internationally recognised guidelines and principles make up the backbone of corporate social responsibility: OECD Guidelines for Multinational Enterprises (published in 1976, latest update in 2023) The Guidelin...https://tem.fi/en/key-guidelines-on-csr
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Innovative public procurement as an innovation policy instrument The value of public procurement in Finland is approximately EUR 47 billion annually, with municipalities and joint municipal authorities accounting for two thirds, and the central go...https://tem.fi/en/innovative-public-procurement
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22.6.2026 | Under the leadership of Prime Minister Petteri Orpo, the Prime Minister's Office has appointed Juho Pesonen, Professor of Tourism Business at the University of Eastern Finland, as rapporteur for sustainable tourism development in the programme for eastern Finland. The appointment was announced at the programme’s advisory board meeting in Kouvola on 22 June. The report on sustainable growth is set to be completed by the end of November.https://tem.fi/en/-/194055633/professor-juho-pesonen-appointed-as-rapporteur-to-prepare-roadmap-for-sustainable-tourism-in-eastern-finland
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Enterprises The Ministry of Economic Affairs and Employment encourages companies to renew and pursue sustainable growth and productivity. Innovation is the most important factor in productivity growth. Legislation, funding and services enable comp...https://tem.fi/en/enterprises
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Innovation policy promotes growth and renews the operating environment Finland’s competitiveness and success in the global market are based on skills, new knowledge and innovations. Research, development and innovation activities (RDI) play an ess...https://tem.fi/en/innovation-policy
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Customer register for financial data of the Ministry of Economic Affairs and Employment Handling of personal data The Ministry of Economic Affairs and Employment acts as the aid authority for the Sustainable Growth Programme for Finland in 2024–20...https://tem.fi/en/data-protection-of-the-customer-register-for-financial-data
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Business and human rights Human rights are rights that belong to all human beings equally. All human beings are entitled to enjoy their human rights without discrimination. Human rights are indivisible, interlinked and interdependent. This means t...https://tem.fi/en/enterprises-and-human-rights
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For the EU to become a leader in climate policy, strong coordination between the EU institutions and the member states is required. Despite its uninspiring name, the Governance of the Energy Union may turn out to be a key instrument in the EU energy and climate policy; perhaps more important than was initially expected. In addition to the specific obligations, the importance the member states and instituti...https://tem.fi/en/-/eu-n-energia-ja-ilmastopolitiikan-hallintomalli-hioo-kyntensa-tama-vuosi-nayttaa-vahvasti-suunt-2
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Other funding targets under the Sustainable Growth Programme in the Ministry of Economic Affairs and Employment and government agencies under its purview The Sustainable Growth Programme includes investments and reforms that support the European U...https://tem.fi/en/other-funding-targets-under-the-sustainable-growth-programme
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The Advisory Board on the Creative Economy is an expert advisory body for business development in the creative economy. Its activities are coordinated by the Ministry of Economic Affairs and Employment and the Ministry of Education and Culture.https://tem.fi/en/project?tunnus=TEM084:00/2024
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26.2.2025 | Government proposals submitted during 2024 will reduce the administrative burden on companies by approximately EUR 120 million a year. In addition, at least 133 norms harming businesses and citizens have been dismantled.https://tem.fi/en/-/government-deregulation-measures-bring-large-savings-to-companies-and-make-life-easier-for-citizens
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3.6.2025 | 1(5) Statements of the labour market organisations SAK, Akava and STTK Recommendation No. 25 concerning Equality of Treatment for National and Foreign Workers as regards Workmen’s Compensation for Accidents. Employee confederations SAK (Central Or...https://tem.fi/documents/1410877/203864046/2024+j%C3%A4rjest%C3%B6jen+lausumat.pdf/f36f81b8-c60e-4317-9b2c-28042b164510?t=1748945018191
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7.11.2025 | Ministry of Economic Affairs and Employment (TEM) National impacts of the Carbon Border Adjustment Mechanism VN/30365/2024 Page 1/42 COURTESY TRANSLATION 23/05/2025 Copyright © AFRY Management Consulting Oy Authors: Elias Länsisalo and Leena Sivil...https://tem.fi/documents/1410877/171662013/National%20impacts%20of%20the%20Carbon%20Border%20Adjustment%20Mechanism%20(1).pdf/4ba204e6-d8e1-7f2c-187a-e94d3c9192a9?t=1762523868857
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24.2.2026 | Making Finland a leader in the sustainable extractive industry – action plan Publications of the Ministry of Employment and the Economy Concern 22/2013 Making Finland a leader in the sustainable extractive industry – action plan Publications of th...https://tem.fi/documents/1410877/3437254/Making+Finland+a+leader+in+the+sustainable+extractive+industry+04072013.pdf/158cd96e-1ee6-4af9-9ad5-7b9901db01e2?version=1.0&t=1771921653951