It is to become more expensive to emit climate-damaging carbon dioxide (CO2). Negotiators from the EU Parliament and the EU states have agreed on a reform of emissions trading.

The Federal Council wants to prevent the deception of investors regarding the sustainable characteristics of financial products and services. These must be compatible with or help to achieve at least one sustainability goal.

Swiss companies with total assets of at least 20 million Swiss francs or sales of more than 40 million Swiss francs will be subject to the Climate Reporting Ordinance from January 1, 2024. This ordinance intends to highlight risks.