Switzerland: Mandatory Climate Reporting
Climate Reporting is Now Mandatory in Switzerland
Large Swiss companies and financial institutions will be required to disclose information on their climate-related risks, impacts and plans following new legislation passed.
All public companies, banks and insurance firms will be required to provide reporting based on the recommendations of the Task Force on Climate-related Financial Disclosures.
Businesses with 500 or more employees, at least CHF 20 million in total assets, and more than CHF 40 million in revenue will fall under these new rules.
The new ordinance will require companies to report on climate-related risks and the impact of company activities on climate change. Furthermore, companies will have to report on all direct and indirect greenhouse gas emissions, in addition to disclosing emission reduction targets and outlining how they plan to reach these goals.
To provide firms with enough time to implement the new disclosure requirements, the Council pushed back enforcement of the new rules by a year from its original proposal to January 2024, with reporting beginning in 2025.
Net0 Partners Up with the Swiss Government
Net0 partners up with the Swiss Confederation Government and EnergieSchweiz - an Energy department of Switzerland to provide Swiss businesses with all the support needed to ensure a smooth transition towards net zero.
Net0 carbon management platform enables businesses to accurately measure all three scopes of carbon emissions and disclose their carbon footprint by reporting standards.
Taking Care of "E" in "ESG"
Measure Emissions
Measure your footprint 10x faster with automated data collection, both from your own entities and your suppliers.
Reduce Emissions
Utilise Net0's predictive simulation functionality to plan and execute on emission reduction projects.
Simplify Reporting
Instantly view your group-level footprint with interactive dashboards, or generate compliant reports.
Upgrade your Carbon Management Process
Reasons to Choose Net0 for Carbon Accounting
World-Class Cloud-Based Software
State-of-the art interface that can be used by business users allows to save time whilst increasing calculation accuracy.
Designed for Large Businesses
Enterprise-grade solution that allows measurement within complex corporate structures, forecasting, and international reporting.
Automated Data Collection
An automation-first, AI-powered carbon accounting engine that puts your environmental footprint on autopilot.
