The NACE namespace defines a list of business sectors codes, which are used to describe the information of a work experience. Defines an abstract organisation type. An organisation is generally described by a name and an address. Defines an organisation providing employment by extending the abstract organisation type to include information about the business sector the company belongs to. Defines a business sector. The business sector is described by a code and a label. E.g. code: P, label: Education. The business sector code type is define in the imported schema of NACE.