Sustainability regulation is moving forward and is increasingly obliging companies to disclose non-financial ESG information and ensure due diligence.
Both Switzerland and the EU are implementing new regulatory requirements for companies especially on the topic of sustainability reporting, but also on additional related topics like sustainability due diligence in the value chain, which also will have to be transparently disclosed within the company’s sustainability reporting.
In Switzerland, the indirect counterproposal to the Responsible Business Initiative (RBI) took effect on 1 January 2022. On the one hand, large public interest companies must report on non-financial matters, such as environmental matters. On the other hand, companies must ensure due diligence if they import minerals/metals from high-risk countries or there’s reasonable suspicion to suspect that they offer products made with child labour and they fulfil the detailed regulatory requirements.
This series aims to provide an overview of the Swiss regulatory landscape and illustrate corresponding regulatory developments on EU and international level. The regulatory overview will be complemented by deep-dives into selected topics where we share regulatory knowledge, but also best practice examples from client cases.
Partner, Investor Reporting and Sustainability Platform Leader, PwC Switzerland
Tel: +41 58 792 25 37
Erik Steiger
Partner, Sustainability Tax & Legal Leader, PwC Switzerland
Tel: +41 58 792 59 40
Partner, Sustainability & Strategic Regulatory, PwC Switzerland
Tel: +41 58 792 45 23
Director, Sustainability & Strategic Regulatory, PwC Switzerland
Tel: +41 78 696 32 11