The Swiss Times - Swiss News in English

The Federal Council Wants More Reporting Obligations on Sustainability

The Swiss Federal Council has proposed to strengthen corporate responsibility by introducing new regulations for companies with 250 or more employees. These companies will be required to report on their environmental, human rights and anti-corruption risks, as well as measures taken to address them. Currently, companies with 500 or more employees are required to report on these issues. The proposed regulations are a response to the 2020 rejected Corporate Responsibility Initiative. The Federal Council plans to submit a consultation draft for the tightening of the regulations by July 2024.


Most Read

Barry Callebaut to Cut 2,500 Jobs

26 February 2024
Barry Callebaut
Barry Callebaut, the world's largest chocolate manufacturer, announces significant job cuts as part of its "BC Next Level" savings plan.

Swiss Electricity Prices to Dip Slightly in 2025, Uvek Reports

29 February 2024
Swiss electricity prices
Swiss Electricity Prices expected to decrease in 2025 as DETEC reduces the capital cost rate for electricity grid investments.

Kuehne+Nagel Stabilise in 2023: Plans For Expansion

1 March 2024
Kuehne+Nagel Future
Kuehne+Nagel normalise growth after corona, despite a downturn, the firm aims for strategic growth and stability.

Swiss Competition Commission: Investigate UBS Now

1 March 2024
Swiss Competition Commission
Swiss Competition Commission seeks an in-depth investigation into UBS after the CS merger, highlighting possible market dominance issues.

Stay in Touch!


Flixbus Total Sales Over Two Billion Euros For the First Time
29 February 2024
Zambon Group
Zambon Group: Exclusive Licensing Deal for IPX203 in Europe
29 February 2024