Switzerland's New ESG Reporting Regime – What It Means For Your Business

by Deirdre Ní Annracháin, Juerg Bloch, Adrian Koller

ESG reporting requirements are a topic that no Swiss company can afford to ignore. Although the Responsible Business Initiative (Konzernverantwortungsinitiative), which proposed a far-reaching set of corporate ESG disclosure obligations, was rejected in a Swiss referendum late last year, a softer alternative (the Indirekter Gegenvorschlag zur Volksinitiative) is expected to come into force towards the end of this year or early next year.