CSR-Berichterstattung Ante Portas: Indirekter Gegenvorschlag zur Konzernverantwortungsinitiative

In a popular vote held in November 2020, the controversially debated «Swiss Responsible Business Initiative» was rejected. As a matter of constitutional procedure, the Parliament’s Counterproposal from 2019 will now automatically come into force. Unlike the Initiative, the Counterproposal refrains from introducing a foreign direct liability of Swiss businesses for infringing human rights or environmental standards abroad. Going the more cautious way, the Counterproposal is broadly based on the 2014/95 EU Non-financial Reporting Directive and requires large companies to disclose information on their activities which have an effect on environmental and social matters, workers’ rights, human rights as well as anti-corruption matters. The yearly report of the companies needs to contain such information as is necessary to understand the development and performance of the business, and the impact of its activities in critical areas. In addition, the Counterproposal imposes special due…