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Ministry of Economic Affairs and Communications Mr. Harri Länsipuro Finnish Ministry of Economic Affairs and Employment Our Ref: 04.11.2022 No 24.4-7/2022/6822- [email protected] 1 Invitation to participate in the project Dear representatives of Finnish Ministry of Economic Affairs and Employment, Regarding Green and Digital Transition, EU Green Deal and our obligation to implement EU Directive 2014/95 EU we invite you to participate as Associated Partner in Sustainability Reporting Tool project, that will be financed by the Interreg Baltic Sea Region Programme. The project addresses new challenges that the EU companies face regarding sustainability measurement, reporting and the Corporate Sustainability Reporting Directive that will have to be incorporated into national legislation in all EU member states by 2025. In short, the project aims to develop and provide free of charge digital environment/sustainability reporting tool for compiling the sustainability report aligned with EU taxonomy and reduce the administrative burden that the additional report would cause. By using the tool, the companies can self-assess their performance in sustainability, share it with relevant partners as well as receive the recommendations how to improve. For governmental organizations it helps to implement the EU directive, increase the quality of the reported data, and helps to achieve sustainable business environment. The project implementation period is 3 years, 2023-2025. Although, the sustainability reporting will become mandatory to big and listed companies, it affects SME’s as well as they are part of supply chain, the sustainability assessment is asked for lending by banks, by investors and for export and the need is even more increasing in time. Therefore, there is significant number of companies involved and affected by this. By accepting the Associated Partner (AO) role you will have the chance to participate in project discussions, provide your expert knowledge and use the project results and outcomes. You do not Suur-Ameerika 1 / 10122 Tallinn / ESTONIA Phone: +372 625 6342 / Fax: +372 631 3660 / E-mail: [email protected] / http://www.mkm.ee carry the responsibility of any activity but would rather act as a supporter and contribute disseminating the results. This role does not allocate you any funding, nor require the co-financing or administrative management from your side. The current project partnership consists of national authorities and ICT Associations: FINLAND: DIMECC LTD ESTONIA: Ministry of Economic Affairs and Communications; Ministry of Finance; Ministry of Environment (AO); Environmental Investment Centre (AO); ITL Estonia; Let’s do it foundation/ SUSTAXO LATVIA: LIKTA; Ministry of Environmental Protection and Regional Development LITHUANIA: INFOBALT and similar proposal made to respective Ministry For becoming an Associated Partner of the project, please do send us following information: - Legal representative name, e-mail, phone - Contact person name, e-mail, phone There is no need to sign any other documents. Should you have any questions about the project, activities or other issues, please do not hesitate to contact us directly: Kristi Aruküla, real-time economy international relations project manager [email protected]; +372 56466033 With best regards, Sandra Särav Deputy Secretary General for Entrepreneurship and the Consumer Environment, Estonian Ministry of Economic Affairs and Communications Kristi Aruküla +372 625 6357 [email protected] 2 (2)