On 23 November 2022, the Swiss Federal Council adopted the “Ordinance on Climate Disclosures” that will come into force on 1 January 2024. The new rules clarify some reporting obligations but leave many details unspecified.
As with the recently announced Corporate Social Responsibility Directive (CSRD), this should not be misinterpreted as an invitation to ‘watch and wait’ as there are tangible indications in which direction the Swiss ESG reporting landscape is set to develop – with implications not only for those companies in scope of the ordinance.
Swiss public companies, banks, and insurance companies with 500 or more employees, at least CHF 20 million (USD$21 million) in total assets, or more than CHF 40 million in revenue will be required to publicly disclose information on their climate-related risks, impacts, and plans.
The webinar will take place on Tuesday 31 January 2023 from 15:00-16:00 CET. Capacity for participants is limited, so sign up now using the sign-up button to make sure you can join the session. If you are not able to join live at the time of the webinar, you are still welcome to register: we’ll send you a link to the recording afterward.
In order to maximally facilitate peer learning in an open environment, we exclusively honor applications from corporate email addresses. Other applications will be rejected, including those from external consultants. We look forward to having you join us as we discuss more the importance and application of TCFD!
Finch & Beak
+31 6 28 02 18 80