Recent developments in the field of corporate sustainability reporting

With sustainability considerations being generally considered indispensable the associated demand for reliable and comparable information on green investment opportunities risks and impacts has significantly increased over the past few years. Underlining the importance of this various initiatives for the development of non-financial reporting standards have been submitted recently. In this briefing we will first focus on the proposed Corporate Sustainability Reporting Directive to be implemented in the EEA and its implications for Swiss companies followed by a high-level overview of recent developments in Switzerland in the field of corporate sustainability measures.

Corporate Sustainability Reporting Directive

The 2021-impact assessment of the European Commission in respect of Directive 2014/95/EU (the Non-Financial Reporting Directive (NFRD)) indicated concerns regarding sustainability-related information published by companies within its scope.1 Against this background the proposed Directive 2021/0104 on Corporate Sustainability...