HI Leonie,

I am not sure, if this question is still open, but I am answering it, because it still has high relevance.

To ensure compliance with the EU Taxonomy’s minimum social safeguards, companies should align with key international standards such as the OECD Guidelines for Multinational Enterprises, the UN Guiding Principles on Business and Human Rights, the International Labour Organization (ILO) standards, and the International Bill of Human Rights.

This typically does not require KPI-specific analysis. Instead, compliance is generally demonstrated through company-wide policies or standards that cover relevant areas – as long as the taxonomy-eligible KPI falls within the scope of those policies or standards.

Key actions include:

• Conducting robust human rights due diligence

• Establishing grievance mechanisms for stakeholders

• Monitoring supply chains for social risks

• Ensuring fair labor practices and anti-corruption policies

• Reporting transparently on social performance

Companies should also review and update their governance frameworks regularly to reflect changes in regulation and best practices.