The Relevance of the EU Taxonomy for Swiss Companies
With the presentation of the “European Green Deal” in 2019, it seems clear to everyone in the European Union (EU) as well as other parts of Europe that the topic of sustainability will remain high on the political agenda for years to come. Climate neutrality by 2050 is the ultimate goal, and the adoption of […]
Riding the wave of non-financial reporting requirements in a way that adds value
Tips For a long time, non-financial reporting was a neglected aspect of corporate reporting. This has changed rapidly. The wave of current requirements – NFRD, CSRD, KVI counterproposal, TCFD, taxonomy – has swelled, posing significant challenges to companies. As with surfing, the right technique and preparation are essential to use this energy profitably. The value […]
RBI counterproposal leads to new reality in Swiss sustainability reporting
n the vote on November 29, 2020, the so-called Corporate Responsibility Initiative (RBI) failed despite the support of a majority of the cantons. As a result, the indirect RBI counterproposal was enacted, which will result in certain reporting and due diligence obligations for Swiss companies from 2023 onward. Many of our clients are concerned about […]
Interview: Navigating the 2022 reporting season: key challenges
In this interview, Sibylle Umiker, Senior Consultant at Sustainserv and, together with the team, responsible for more than 20 sustainability reports, discusses the current reporting season, explains the biggest challenge and expresses her wish for future reports. Sustainserv accompanied two dozen sustainability reports between January and March alone. Tell me honestly, how intensive was it? […]
Climate change in reporting practices at selected medium-sized and family-owned companies
Summary Sustainserv Zurich, and the auditing and tax consulting firm Dr. Kleeberg & Partner GmbH, Munich, jointly examined the sustainability reporting practices of selected medium-sized and family-owned companies in Bavaria. In each case, they used the most recent reports issued, which were published on April 1, 2020 or June 1, 2021. In terms of the […]
Sustainability in Swiss companies: Compliance leads, potential for deeper integration remains untapped
A study conducted by the University of Bern in collaboration with Sustainserv shows that Swiss companies are currently still focusing their sustainability efforts primarily on compliance requirements. However, the increasingly established advanced sustainability approaches are not yet firmly anchored in the corporate culture. The survey of 84 sustainability experts in Swiss companies focused on the […]
LGT Private Banking publishes its first report in accordance with new GRI Standards 2021
Challenge Preparation of a non-financial report in accordance with the new GRI Standards 2021 and involvement of numerous new internal stakeholders and experts. Goal LGT is an international financial services company based in Vaduz in the Principality of Liechtenstein. The bank committed itself to sustainability in the financial industry at an early stage; long-term and […]
Commentary on Apple’s viral hit ‘Mother Nature’
Apple’s latest video (see below) showcasing its efforts to reduce its environmental impacts left me both impressed but also nervous on their behalf. I was drawn in by the star-power and the overall professionalism that Apple demonstrated as it does with most of what it produces—its products, its streaming content and certainly this video. But […]
Climate Reporting in line with TCFD – Purpose and practical approach
Reporting on climate-related risks and opportunities is increasingly required by regulators, clients and investors. The recommendations by the Task Force on Climate-Related Disclosures (TCFD) are a key instrument in addressing this need. What is TCFD reporting, how should companies go about it, and what qualitative and quantitative content can be expected? Where does it come […]
Tips to Maximize Your 2024 CDP Response
As many of us and you are elbows deep in CDP submissions currently, it is now abundantly clear that CDP has revamped its disclosure platform and reporting process for corporations and organizations. While CDP’s efforts are well-intentioned, the new platform and format present some challenges that require different strategies in order to maximize your scores. […]
