Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity
• Sustainability
• Human Rights

Environmental Achievements

• Not disclosed

Social Achievements

• Increased awareness and implementation of measures to address mental health issues in the workplace; strengthened whistleblower protections in several countries; advancements in gender equality legislation and practices; enhanced parental leave provisions in several countries; increased focus on diversity and inclusion initiatives by employers.
• Implementation of the EU Whistleblower Directive in several countries.

Governance Achievements

• Strengthened corporate governance measures in several countries; increased transparency in executive compensation; enhanced anti-corruption mechanisms in some countries.

Climate Goals & Targets

Environmental Challenges

• Skills shortages across various sectors; the impact of the Russia-Ukraine war on global labor markets; rising inflation and cost of living; the Great Resignation and quiet quitting trends; mental health challenges in the workplace; data protection and privacy concerns; managing the transition to a more digitalized economy; addressing workplace discrimination and promoting diversity and inclusion; managing the impact of climate change on the labor market; underfunded public retirement systems in some countries; challenges in regulating the gig economy; difficulties in integrating refugees into the workforce.

Mitigation Strategies

• Government initiatives to address skills shortages through skilled migration, reskilling and upskilling programs, and education reform; employer strategies such as outsourcing, recruiting foreign workers, and providing training; legislation to promote flexible working arrangements and address work-life balance; measures to strengthen whistleblower protections; laws to combat workplace discrimination and promote diversity and inclusion; initiatives to address mental health challenges in the workplace; regulations to safeguard employee data and privacy; efforts to regulate the gig economy; government support for refugees and their integration into the workforce; pension reforms to address underfunded systems; increased transparency in executive compensation.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Water and marine resources
• Use of resources and circular economy
• Pollution of air, water and soil
• Biodiversity
• Stakeholder engagement and protection
• Child labour
• Inclusion and diversity
• Corruption
• Role of the board
• Internal control and risk management system (ICS)
• Whistleblowers protection
• Animal welfare
• Lobbying

Climate Goals & Targets

Environmental Challenges

• Increased compliance risks due to potential civil and criminal liability for misstatements.
• Significant efforts for companies in terms of data collection and analysis, as well as substantial costs (in particular, for obtaining assurance).

Mitigation Strategies

• The Federal Council is currently examining how Swiss companies could be supported in implementing the new requirements.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: EU-Standard (ESRS), IFRS Sustainability Disclosure Standards (ISSB Standards), Global Reporting Standard (GRI), OECD Guidelines for Multinational Enterprises on Responsible Business Conduct