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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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Monitoring, reporting and verification The rules for the procedure of monitoring, reporting and verification (MRV) and the accreditation of verifiers are set out in two Commission Regulations. The Ministry of Economic Affairs and Employment issues...https://tem.fi/en/monitoring-reporting-and-verification-of-eu-ets-emissions-in-2013-2020
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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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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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Whistleblower protection Whistleblower protection safeguards people who report certain types of misconduct. In this case, a ‘whistleblower’ is a person who, in the course of their work, discovers a breach of European Union or national law concerni...https://tem.fi/en/whistleblower-protection
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Developing scenarios Every two years, Finland has to report to the EU and to UNFCCC its policy measures to reduce greenhouse gas emissions and scenarios on the future development of its emissions and energy balance. The scenarios reported are base...https://tem.fi/en/developing-scenarios-for-eu-reports
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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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Doorstep selling and distance selling Provisions on home and distance selling to consumers are laid down in the Consumer protection Act ( 38/1978 ). Chapter 6 of the Consumer protection Act contains provisions on home and distance selling and Chap...https://tem.fi/en/doorstep-selling
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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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Regulation of business operations The Ministry of Employment and the Economy is responsible for the regulation of economic activities. This section focuses on common preconditions related to running a business, such as business freedom, the trade ...https://tem.fi/en/regulation-of-business-operations
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Supervision of space activities The Ministry of Economic Affairs and Employment supervises the space activities it has authorised. The means of supervision are the operator’s obligation to provide information, annual reporting, and the Ministry’s ...https://tem.fi/en/supervision-of-space-activities
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EU rules on State aid European Union law generally prohibits State aid to undertakings (Treaty on the Functioning of the European Union (TFEU), Article 107(1)). Public aid granted to an undertaking may give the company in question a selective fina...https://tem.fi/en/eu-rules-on-state-aid
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Press releases Government’s proposal to facilitate studies during unemployment would increase study opportunities for jobseekers Categories: Publication date: 7.5.2026 National ICE Pact coordinators to meet in Helsinki Categories: Publication date...https://tem.fi/en/press-releases
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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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Finnish ILO Committee acts as a negotiating and statement-issuing body and it issues statements to the Government and the Ministry of Economic Affairs and Employment.https://tem.fi/en/project?tunnus=TEM091:00/2019
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Accounting Nearly all corporations and foundations referred to in the Finnish legislation must keep accounting records. Natural persons engaged in business or professional activities must also keep records on these activities. Provisions on accoun...https://tem.fi/en/accounting
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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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Licensees responsible for nuclear waste management Photo: Posiva Nuclear waste management means all measures necessary to recover, store, handle and permanently dispose of nuclear waste, including measures associated with the decommissioning of a ...https://tem.fi/en/nuclear-energy/nuclear-waste-management
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Finnish ILO Committee acts as a negotiating and statement-issuing body and it issues statements to the Government and the Ministry of Economic Affairs and Employment.https://tem.fi/en/project?tunnus=TEM070:00/2022
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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