Speeki helps Swiss businesses with their sustainability disclosure obligations
Switzerland is currently in the first full year of mandatory ESG reporting under its revised framework. Large financial institutions are required to publicly disclose information on climate-related matters for the 2024 business year, with the first reports to be published in the first half of 2025.
Companies with over 500 employees and meeting specified asset or turnover thresholds are now producing their inaugural climate disclosure reports based on TCFD recommendations, marking a significant shift toward mandatory transparency. Simultaneously, FINMA enacted a new Circular on nature-related risks that entered into force on 1 January 2025 expanding beyond climate to encompass broader environmental risk management requirements for supervised financial entities.
Sustainability obligations are developing quickly in Switzerland. There are a lot of new developments coming in 2026.
Looking toward 2026, Switzerland is preparing for a substantial expansion of its ESG framework through proposed amendments currently under consultation.
On 6 December 2024, the Swiss Federal Council launched a consultation process that will take effect in early 2026, and will introduce mandatory net-zero transition plans, align reporting standards with EU requirements including ESRS, and significantly expand the number of Swiss companies subject to comprehensive ESG reporting obligations, fundamentally reshaping the country's corporate sustainability landscape.
Swiss based large companies now and shortly in the future will need at least the following in place to meet the legislative requirements and the expectations of investors and customers:
- a system to manage sustainability initiatives
- a reporting system that supports reporting according to standards, that could include CSRD, or IFRS S1 and S2, or GRI
- a due diligence mechanism that review suppliers for conflict minerals and human rights risks
Due diligence of suppliers
Switzerland's current supplier due diligence and human rights obligations are in the Swiss Code of Obligations that introduces general reporting obligations and specific conflict minerals and child labour due diligence obligations.
Adjusting its frameworks to remain linked to the EU and be competitive.
Switzerland is deliberately aligning its framework with EU developments.
In September 2023, the Swiss government announced key guiding principles to align the nascent non-financial disclosure obligations with the EU's Corporate Sustainability Reporting Directive (CSRD).
This alignment reflects Switzerland's recognition that given the close economic ties with the EU, both large and small Swiss companies are affected by the new EU rules – directly or indirectly.
Switzerland's approach demonstrates a commitment to maintaining competitiveness while ensuring robust ESG disclosure standards that meet international expectations.
How Speeki can help your business in Switzerland
Depending on the size and scale of your company, you may have mandatory or optional ESG reporting requirements in Switzerland in the near future. Whether you fall under the Code of Obligations, have extensive operations in Europe or are being asked for ESG data points from your customers, Speeki's technology platform will simplify compliance.
Prepare for reporting against CSRD, IFRS S1 and S2 or GRI
Speeki can produce reports according to all the available standards that might be required by Swiss companies. Whether you are choosing to follow more complex standards including CSRD or simpler ones like IFRS s1 and S2, Speeki's Ai-driven reporting system can help produce those reports.
Conducting conflict mineral and human rights due diligence and moving beyond policies
Complying with the Code of Obligations will require a comprehensive programme. This is more than just a policy and a statement on your website.
Sustainability due diligence and supplier qualification
More than just a questionnaire to collect information, Speeki helps develop a qualification system involving risk identification, assessments, contracting, due diligence, and audit.
Speeki allows you to cover all sustainability topics in a consistent manner
From building and maintaining ESG and sustainability programmes to driving accountability and generating reports, Speeki supports your journey in ESG and sustainability and other non-financial reporting aspects.
ESG insights
Explore our expert articles on implementing ESG and sustainability programmes in Switzerland.
Switzerland is making a strong push forward in ESG and sustainability. Those companies that lean in will be able to take advantage of new business opportunities in Europe and abroad.
Reporting for Switzerland and beyond
Speeki continuously incorporates new global or local reporting standards as they are published. We already cover CSRD and IFRS S1 and S2, the two leading standards globally.
Manage your non-financial performance
More than just climate change, Speeki helps you build programmes across 20+ areas. Businesses can align their sustainability efforts with Speeki and other software products, such as climate accounting or energy management systems.
Embedded tools and guidance
Many companies don't necessarily have their own ESG experts and might struggle to find capacity at a reasonable price elsewhere. Speeki is packed with guidance and AI to help you build ESG and sustainability with our software.
Andrew Henderson
Andrew is our go-to solution-finder, assisting our teams in selling and creating new products and guiding clients with advice and certifications. Andrew brings a strong blend of tech know-how and legal training to clients across Europe.
Some examples of how Speeki can help you with ESG and sustainability
You will need a clear strategy led by the board and executed through management. With oversight and assurance, your board can feel comfortable that ESG and sustainability are a competitive advantage, not simply a cost. Working with the board and management, we help you understand risks and opportunities and define a strategy to execute.
The challenges raised by the new legislation in Europe also apply in many other countries. Having a global approach to supplier qualification and due diligence is essential. Managing your supply chain risks and understanding how your customers will view you in return will be a competitive advantage.
Through our subsidiary Speeki Europe, Speeki is a globally accredited* certification body for ISO management system standards. Subject to our independence rules, we can certify you in Switzerland (and your global operations) against standards such as anti-bribery, compliance, governance, social responsibility, whistleblowing, and more.
*American ANAB and French Cofrac: Comité Français d'Accréditation is the French accreditation body (Accreditation N° 4-0609. List of locations and scope available at www.cofrac.fr.)
Speeki can be used by a wide range of Swiss entities, including businesses of all sizes, across various industries. Whether a small enterprise starting its sustainability journey or a large corporation enhancing its ESG practices, Speeki offers software and solutions that cater to your company’s needs.
Speeki can help you build a whistleblowing solution, an anti-bribery compliance or management system, or a global human rights and modern-day slavery system. With consulting, technology, and assurance solutions, we are ready to step in and add value to your business.
Speeki provides assurance solutions across ESG and sustainability. Subject to our independence rules, we can build a plan for an audit and assurance of your ESG reporting. Validate your reporting with the confidence of independent assurance.
Your ESG and sustainability journey begins here
