Updated Swiss Sustainability Requirements

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.

Key lessons to be learned during the session include:

• Insights from leading UK-headquartered FTSE100 company, Ocado Group about how they have used TCFD to better understand climate risks and opportunities. With TCFD reporting mandatory in the UK, there is a lot to be learned from companies already implementing the requirements.
• TCFD process overview and how TCFD alignment could be used as a beneficial tool to help future-proof your business 
• Learning more about the climate risk analysis process
• Practical best practice TCFD, stakeholder engagement, and scenario analysis tips

Sign up to secure your spot

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!