CapLaw-2021-19

  • Upcoming Regulation on Sustainability Reporting and Human Rights Due Diligence in Switzerland

    On 29 November 2020, the initiative on responsible enterprises failed. The initiative provided, among others, liability of Swiss enterprises for their subsidiaries abroad who have breached human rights or environmental standards. As a result, the parliament’s indirect counterproposal will likely enter into force (subject to a potential popular referendum). The indirect counterproposal provides for (i)…

    By

    Annette Weber

    Reference:
    Read more: Upcoming Regulation on Sustainability Reporting and Human Rights Due Diligence in Switzerland