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Osuuskuntien Keskusjärjestö Pellervo ry, Pellervo Coop Center

Pellervo

Pellervo is a service and a lobbying organisation for all Finnish cooperatives and a forum for cooperative activities.

Lobbying Activity

Meeting with Sirpa Pietikäinen (Member of the European Parliament)

23 Apr 2025 · Agriculture policies

Meeting with Heidi Hautala (Member of the European Parliament, Shadow rapporteur)

10 Jan 2023 · Corporate Sustainability Due Diligence Directive

Response to Sustainable corporate governance

23 May 2022

Pellervo Coop Center supports the EU-level sustainable corporate governance regulation, and we consider it to be very important and sensible for the EU to lead the way in this matter. However, the draft directive is a wide-ranging and in some places difficult-to-understand entity, creating a partially new type of legislation. Pellervo Coop Center is an advocacy organization for Finnish co-operatives, whose task is to promote co-operation as an entrepreneurial model and co-operative as a competitive form of enterprise. Our members are more than 200 companies and communities, but we represent the entire Finnish cooperative field: both small and large companies from almost all industries. Please, find attached our consultation on the proposed directive as a whole.
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Response to Revision of Non-Financial Reporting Directive

1 Jul 2021

Pellervo Coop Center – representing some 4000 cooperative businesses in Finland - welcomes and supports the proposed Corporate Sustainability Reporting Directive (CSRD). We would like to provide feedback to ensure that the cooperative business model is also taken into account. • With regard to the cooperatives we represent, we consider it a priority that the cooperative and mutual business models that differ from that of limited companies and listed companies are taken into account. Not only in this reporting directive but especially when preparing the sustainability standards. This applies in particular to the roles of the governance bodies and management as well as to the different relationship the members have toward their cooperative compared to that of the shareholder to a limited company. The preparation must identify and consider the diversity of business forms. • We consider the timetable for the preparation, adoption and implementation of the directive and the standards to be adopted on the basis of it to be challenging and unrealistic, both for the Member States and, in particular, for companies that are new to the reporting obligation. Companies should have sufficient time to prepare for the new reporting requirements. Due to tight schedule, a shortage of experts can also become a problem. Are there a sufficient number of reporting experts and reporting auditors? • We find it problematic that the content of the actual reporting standards will not be established until after the Directive has come into force. The preparation must ensure the compatibility of these standards with other standards. • We consider it important to clarify what the actual impact and administrative costs of reporting are, for example, for companies in the subcontracting chain that are not required to report under the Directive. • When creating a common database for corporate sustainability data, it is important that all companies can share their data there, even if they are not subject to the reporting obligation under the Directive. The drafting of the Directive has rightly outlined that sustainability creates a competitive advantage for companies and that transparent sharing and accessibility of related information to a wide range of stakeholders can be crucial for companies, especially if this database becomes a general and well-known list of sustainable companies. Therefore, it can be problematic if the database is not accessible to companies of all sizes and different business forms.
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