Swiss Climate Transition Reporting: Key Developments
Swiss Climate Transition Reporting: Key Developments
On 1 January 2025, the Swiss Climate and Innovation Act ("CIA") and its implementing regulation, the Climate Protection Ordinance ("CPO"), will enter into force, formalizing Switzerland's long-term climate protection goals. Among other measures, the new framework mandates that Swiss companies achieve net-zero greenhouse gas emissions by 2050. Notably, the CIA and CPO provide essential guidance for the development of transition plans, which are set to become a central element for companies subject to mandatory climate reporting requirements.