US EditionSwiss Government Presents Counter-Proposal to Responsible Business Initiative
7 Articles
7 Articles
The government rejects the initiative on responsible multinationals and presents a special law targeting large companies. The objective: to strengthen human rights and the protection of the environment while remaining in line with European standardsBeat Jans, Minister of Justice, presented this Thursday the contours of the Federal Council's response to the new initiative on responsible multinationals. Unsurprisingly, he recommends rejecting the …
The law, which is to be agreed internationally, is registered as Swiss Finish with the affected parties. Economiesuisse speaks of a "high-risk template".
The Federal Council wants to follow new rules of responsibility for large companies in the EU.
Swiss government presents counter-proposal to responsible business initiative
The Swiss government has opened a consultation on a counter-proposal to a new popular initiative on corporate responsibility, arguing that companies should respect human rights and the environment without undermining their competitiveness. A previous initiative failed in 2020, winning a majority of voters but not of cantons. A watered-down counter-proposal came into force in 2022, […]
Swiss companies must respect human rights and protect the environment, while remaining economically competitive, believes that the Federal Council which opened a consultation on a counter-project to the popular initiative for responsible companies.
The Swiss trade association sgv rejects both the corporate responsibility initiative and the Federal Council's counter-proposal published today.
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