Annex – NFU Mainstreaming Social Agenda

Executive summary

Background

In the Nordic countries, the majority of finance sector employees are organized in trade unions. Following the Nordic model, trade unions are active stakeholders on national level and have strong impact in political decision-making and the shaping of public policy. Coming from a position of having broad understanding of national political realities, of policy implications on the labor market and wider society, and of knowing the everyday work realities of employees, trade unions are uniquely equipped to support the vision of sustainability. The added value of financial trade unions in particular can be seen when moving forward with the social sustainability work – here the dual power of financial trade unions lies in their ability to understand financial regulation while approaching it with the social agenda lens.

Purpose of the Annex

In the past couple of years, the financial trade unions across the Nordic countries have carried out many sustainability-related activities, in a wider context. This Annex to the NFU Position Paper ´Mainstreaming the social agenda in sustainable finance´ aims to highlight some examples of those activities. At the same time, the aim is for the Annex to be a living document – through planned updates, it will offer space to showcase the most recent efforts of the NFU member unions in the area of sustainable finance.