{"id":3371,"date":"2025-11-14T16:02:59","date_gmt":"2025-11-14T16:02:59","guid":{"rendered":"https:\/\/planisphera.org\/?p=3371"},"modified":"2026-02-20T17:24:59","modified_gmt":"2026-02-20T17:24:59","slug":"advancing-latin-americas-taxonomies-for-social-safeguards-compliance","status":"publish","type":"post","link":"https:\/\/planisphera.org\/en\/advancing-latin-americas-taxonomies-for-social-safeguards-compliance\/","title":{"rendered":"Advancing Latin America's Taxonomies for Social Safeguards Compliance"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"3371\" class=\"elementor elementor-3371\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b772a3 e-flex e-con-boxed e-con e-parent\" data-id=\"7b772a3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c5e963c elementor-nav-menu__align-end 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menu-item-3775\"><a href=\"https:\/\/planisphera.org\/en\/proyectos\/\" class=\"elementor-item\" tabindex=\"-1\">Our Projects<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-3776\"><a href=\"https:\/\/planisphera.org\/en\/actualidad\/\" class=\"elementor-item\" tabindex=\"-1\">News<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-4438\"><a href=\"mailto:%20info@planisphera.org\" class=\"elementor-item\" tabindex=\"-1\">Contact<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d0634e elementor-widget elementor-widget-spacer\" data-id=\"9d0634e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a049ca elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"8a049ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Advancing Latin America's Taxonomies for Social Safeguards Compliance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c525e4a elementor-widget elementor-widget-text-editor\" data-id=\"c525e4a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Ana Him (CCAP) &amp; Ana Citlalic Gonz\u00e1lez-Mart\u00ednez (Planisphera Sustentabilidad A.C.)<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dbc58e elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"8dbc58e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"340\" src=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg\" class=\"attachment-large size-large wp-image-3372\" alt=\"\" srcset=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg 884w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1-300x128.jpg 300w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1-768x327.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75e9d65 elementor-widget elementor-widget-spacer\" data-id=\"75e9d65\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0a6c22 elementor-widget elementor-widget-heading\" data-id=\"d0a6c22\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Minimum Social Safeguards in Taxonomies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a765188 elementor-widget elementor-widget-text-editor\" data-id=\"a765188\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Minimum Social Safeguards (MSS) in sustainable finance taxonomies ensure that economic activities seeking to be labeled 'sustainable' or 'green' meet basic compliance with rules and regulations designed to uphold key social objectives. These objectives, sometimes also called priorities or pillars, vary depending on the national context. Human rights, including labor and working conditions, alongside the elements of corporate governance, considering the prevention of corruption and bribery, fair competition and gender equality are among the most common types of established social objectives.<\/p><p>These priorities or pillars are embodied in a set of international references that establish basic rights or national and international standards and guidelines on social and human rights. Among the most referenced in the eight taxonomies within the Latin American and Caribbean (LAC) region and the European Union (EU) are (See Table)<br \/><br \/><\/p><ol><li>The <a href=\"https:\/\/www.ohchr.org\/es\/what-are-human-rights\/international-bill-human-rights\">International Bill of Human Rights<\/a>,<\/li><li>The <a href=\"https:\/\/www.oecd.org\/es\/publications\/2023\/06\/oecd-guidelines-for-multinational-enterprises-on-responsible-business-conduct_a0b49990.html\">Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises<\/a>,<\/li><li>The <a href=\"https:\/\/www.ohchr.org\/sites\/default\/files\/documents\/publications\/guidingprinciplesbusinesshr_sp.pdf\">United Nations Guiding Principles on Business and Human Rights<\/a> (UNGPs)<\/li><li>The <a href=\"https:\/\/www.ilo.org\/es\/acerca-de-la-oit\/mision-e-impacto-de-la-oit\/declaracion-de-la-oit-relativa-los-principios-y-derechos-fundamentales-en\">Declaraci\u00f3n de la Organizaci\u00f3n Internacional del Trabajo (OIT) relativa a los principios y derechos fundamentales del trabajo<\/a>, y<\/li><li>The <a href=\"https:\/\/www.ifc.org\/content\/dam\/ifc\/doc\/mgrt\/ifcperformancestandardsspanish.pdf\">International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work<\/a>.<\/li><\/ol><p>Table: Minimum Social Safeguards \u2013 International References and Guidelines<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8fd3ed elementor-widget elementor-widget-image\" data-id=\"d8fd3ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"454\" src=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-1-EN.png\" class=\"attachment-large size-large wp-image-3403\" alt=\"\" srcset=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-1-EN.png 884w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-1-EN-300x170.png 300w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-1-EN-768x436.png 768w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-1-EN-18x10.png 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-69f399e elementor-widget elementor-widget-text-editor\" data-id=\"69f399e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Notably, most taxonomies reference international frameworks as a guide for MSS, following the EU model, which requires entities (businesses, companies and investors) seeking classification under the taxonomy to align their procedures with the first four documents mentioned above.<\/p><p>In other cases, these international frameworks are complemented by national legislation and general criteria for the fulfillment of social objectives. For example, in the <a href=\"https:\/\/supervalores.gob.pa\/files\/taxonomia\/Taxonomia-Finanzas-Sostenibles-Panama.pdf\">Panama<\/a>, <a href=\"https:\/\/www.unepfi.org\/publications\/taxonomia-de-finanzas-sostenibles-de-costa-rica\/\">Costa Rica<\/a>, <a href=\"https:\/\/www.sfp.gov.py\/vchgo\/index.php\/taxonomia-verde-paraguay\">Paraguay,<\/a>, <a href=\"https:\/\/ambiente.gob.do\/app\/uploads\/2024\/06\/Taxonomia-Verde_RD_V2-OK.pdf\">the Dominican Republic<\/a> and the <a href=\"https:\/\/www.ifc.org\/es\/pressroom\/2024\/con-apoyo-de-ifc-el-ccsbso-presenta-la-primera-taxonom-a-verde-regional-de-am-rica-latina-y-el-caribe\">Regional Taxonomy of Green Finance,<\/a> the entity is required to have a social management plan or system tailored to the characteristics of the activities to be developed and aligned with the international and national agreements, laws and\/or regulations established by the jurisdiction.<\/p><p>Despite the recent momentum around including social objectives, specifically MSS in taxonomies, the level of detail in terms of how MSS are applied in most taxonomies is still very low, which affects their lagging compliance rate. For example, at the beginning of 2025, the <a href=\"https:\/\/www.finanzassostenibles.hacienda.gob.mx\/work\/models\/finanzassostenibles\/recursos\/documentos\/taxonomia\/Resultados_Programa_Piloto_TSM.pdf\">Report of Results and Recommendations of the Pilot Program of the Sustainable Taxonomy of Mexico<\/a> identified that 61.5% of the financial operations studied do not provide information or knowledge on the minimum safeguards\u2019 compliance. The documents to which Mexico refers (also reflected in the EU section of the table above) are mainly Responsible Business Conduct documents. These documents are characterized by covering a wide range of social issues and establishing general principles for voluntary implementation. However, they lack clear indicators for measurement, which limits their effectiveness and the utility of the taxonomies that reference them.<\/p><p>In the same way, the EU Taxonomy expert group\u2014in its <a href=\"https:\/\/finance.ec.europa.eu\/system\/files\/2022-10\/221011-sustainable-finance-platform-finance-report-minimum-safeguards_en.pdf\">Final Report on Minimum Safeguards<\/a> Safeguards (2022)\u2014identified the low level of compliance with their MSS, which led to stronger safeguards by incorporating due <em>due diligence<\/em> adopting the <a href=\"https:\/\/www.corporate-sustainability-due-diligence-directive.com\/\">Corporate Sustainability Due Diligence Directive (CSDDD)<\/a> and the <a href=\"https:\/\/www.pactomundial.org\/noticia\/csrd-ultimas-claves-de-los-informes-de-sostenibilidad-del-futuro\/#CSRD\">Corporate Sustainability Reporting Directive<\/a> (CSRD).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34e1589 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"34e1589\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ceef5a elementor-widget elementor-widget-heading\" data-id=\"8ceef5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Due diligence, an opportunity to facilitate the implementation of MSS<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9676cd elementor-widget elementor-widget-text-editor\" data-id=\"a9676cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The <em>due diligence<\/em>, according to the OECD Guidelines for Multinational Enterprises, is understood as the process through which entities can identify, prevent, mitigate and be held accountable for their actual and potential negative impacts as an integral part of business decision-making and risk management systems.<\/p><p><em>What is the benefit of using this concept as a standard?<\/em> Due diligence allows <em>due diligence<\/em> to be adjusted to the size and circumstances of the entities. It helps to avoid extensive and detailed reports that serve as obstacles to showing compliance. This element is particularly important as excessive information requirements make it difficult for small and medium-sized enterprises to access sustainable finance.<\/p><p>For example, the EU Taxonomy is based on the OECD definition and establishes two MSS criteria in its Final Report on Minimum Safeguards. In particular, the first of them, \"Existence of adequate due diligence processes for EU companies covered by the CSRD,\" includes five requirements associated with OECD guidelines compliance, the UNGPs and the <a href=\"https:\/\/www.unepfi.org\/impact\/interoperability\/european-sustainability-reporting-standards-esrs\/\">European Standard for Sustainability Reporting.<\/a>.<\/p><p>Also, <a href=\"https:\/\/static1.squarespace.com\/static\/6182172c8c1fdb1d7425fd0d\/t\/67522af9c8f2f52a34c952ed\/1733438243130\/789ASFI_Australian-Sustainable-Finance-Taxonomy_v10b.pdf\">in the Australian Taxonomy draft<\/a> (December 2024), criteria are proposed to cover three social pillars:<\/p><p>1) Corporate governance<\/p><p>2) Human rights<\/p><p>3) Rights of <a href=\"https:\/\/aiatsis.gov.au\/explore\/first-peoples-australia\">First Nations<\/a> peoples and cultural heritage.<\/p><p>In each pillar, Australia proposes a series of criteria, where under the second pillar (human rights), <em>due diligence<\/em>thus aligning itself with the EU and seeking compliance with the OECD and the UNGPs guidelines.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-acfde9d elementor-widget elementor-widget-spacer\" data-id=\"acfde9d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c7c9a1a elementor-widget elementor-widget-heading\" data-id=\"c7c9a1a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The first MSS approach in the LAC region that includes due diligence<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af2d20e elementor-widget elementor-widget-text-editor\" data-id=\"af2d20e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the LAC region, Chile has spearheaded the inclusion of MSS in its national <a href=\"https:\/\/www.hacienda.cl\/areas-de-trabajo\/finanzas-internacionales\/finanzas-sostenibles\/taxonomia-para-actividades-economicas-medioambientalmente-sostenibles\">Taxonomy of Environmentally Sustainable Activities (T-MAS)<\/a> by incorporating <em>due diligence<\/em> elements and creating technical screening criteria (TSC). The T-MAS has made significant advancements in creating robust MSS frameworks by becoming the first taxonomy in the region that aligns with international standards by translating their principles into two key safeguards and eight TSCs, ensuring seamless implementation.<\/p><p>The first proposed safeguard <em>focuses on meeting the need to demonstrate that the entity has effective procedures to prevent non-compliance with national regulations on environmental, labor, free competition, consumer protection, as well as the prevention of economic and\/or environmental crimes.<\/em>For the second safeguard, Chile aligns with the EU Taxonomy by explicitly introducing <em>due diligence to demonstrate compliance with human rights.<\/em>In this way, it establishes that for an entity to \"identify, prevent, mitigate and report on its actual and potential impacts on human rights, it must demonstrate due diligence,\u201d which aligns with the OECD definition.<\/p><p>To accompany these two safeguards, Chile's T-MAS includes eight TSCs\u2014three for each MSS and two (one for each) negative conditions. These negative conditions refer to sanctions or regulatory non-compliance, that if adhered to, the entity would not be able to obtain the sustainable label.<\/p><p>The image below illustrates the two safeguards mentioned above and their criteria:<\/p><p>\u00a0<\/p><p>Source: Own elaboration<\/p><p>*CCSBSO: Central American Council of Superintendents of Banks, Insurance and Other Financial Institutions. This council has actors from Nicaragua, Guatemala, the Dominican Republic, Panama, Honduras, Costa Rica and Colombia.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c81f1ba elementor-widget elementor-widget-image\" data-id=\"c81f1ba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"396\" src=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-2-EN.png\" class=\"attachment-large size-large wp-image-3404\" alt=\"\" srcset=\"https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-2-EN.png 884w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-2-EN-300x149.png 300w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-2-EN-768x381.png 768w, https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/nota-1-cuadro-2-EN-18x9.png 18w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdc014d elementor-widget elementor-widget-text-editor\" data-id=\"fdc014d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Although these TSCs should be developed in greater detail and with clarity by the T-MAS governing body, their inclusion undoubtedly constitutes a step forward in the safeguards\u2019 development, implementation and compliance within the LAC region. With this step, <strong>Chile becomes a pioneer country in the region and one of the first globally to provide a greater level of detail in the implementation of MSS.<\/strong> The establishment of specific safeguards and technical criteria will facilitate compliance and set the tone for the development of more detailed and specific indicators to protect the social pillars in the environmentally sustainable activities around the world.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50f0d8b elementor-widget elementor-widget-spacer\" data-id=\"50f0d8b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fa9595 elementor-widget elementor-widget-heading\" data-id=\"9fa9595\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Building off Chile\u2019s Momentum<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf9aef5 elementor-widget elementor-widget-text-editor\" data-id=\"cf9aef5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Based on this regional milestone, countries that aspire to develop their taxonomy count on Chile's MSS as a solid reference that they can adopt and adapt to their local context. In addition, this sets the standard for MSS to not only remain as a reference to international guidelines and documents but rather <strong>encourage existing taxonomies to strengthen their established safeguards.<\/strong>This will help to ensure that \"green\" or \"sustainable\" investments meet minimum social criteria, as well as contribute to environmental and climate goals.<\/p><p>\u00a0<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Ana Him (CCAP) &amp; Ana Citlalic Gonz\u00e1lez-Mart\u00ednez (Planisphera Sustentabilidad A.C.) Salvaguardas m\u00ednimas sociales en taxonom\u00edas Las Salvaguardas M\u00ednimas Sociales (SMS), en el contexto de las taxonom\u00edas de finanzas sostenibles, tienen como objetivo garantizar que las actividades econ\u00f3micas que aspiren a clasificarse como \u201csostenibles\u201d o \u201cverdes\u201d cuenten con un cumplimiento m\u00ednimo de las normas y regulaciones [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3372,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_canvas","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-3371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finanzas-sostenibles"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg",884,376,false],"thumbnail":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1-150x150.jpg",150,150,true],"medium":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1-300x128.jpg",300,128,true],"medium_large":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1-768x327.jpg",768,327,true],"large":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg",800,340,false],"1536x1536":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg",884,376,false],"2048x2048":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg",884,376,false],"trp-custom-language-flag":["https:\/\/planisphera.org\/wp-content\/uploads\/2025\/11\/Imagen-1.jpg",18,8,false]},"uagb_author_info":{"display_name":"info@planisphera.org","author_link":"https:\/\/planisphera.org\/en\/author\/infoplanisphera-org\/"},"uagb_comment_info":0,"uagb_excerpt":"Ana Him (CCAP) &amp; Ana Citlalic Gonz\u00e1lez-Mart\u00ednez (Planisphera Sustentabilidad A.C.) Salvaguardas m\u00ednimas sociales en taxonom\u00edas Las Salvaguardas M\u00ednimas Sociales (SMS), en el contexto de las taxonom\u00edas de finanzas sostenibles, tienen como objetivo garantizar que las actividades econ\u00f3micas que aspiren a clasificarse como \u201csostenibles\u201d o \u201cverdes\u201d cuenten con un cumplimiento m\u00ednimo de las normas y regulaciones&hellip;","_links":{"self":[{"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/posts\/3371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/comments?post=3371"}],"version-history":[{"count":17,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/posts\/3371\/revisions"}],"predecessor-version":[{"id":4475,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/posts\/3371\/revisions\/4475"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/media\/3372"}],"wp:attachment":[{"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/media?parent=3371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/categories?post=3371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planisphera.org\/en\/wp-json\/wp\/v2\/tags?post=3371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}