Scope
Public companies, banks and insurers with ≥500 employees, ≥CHF 20m balance sheet, ≥CHF 40m turnover
Switzerland · regulation
Ordinance on Climate Disclosures
Ordinance of 23 Nov 2022 on Climate Disclosures (in force 1 Jan 2024)
In forceApplies 2024-01-01
Penalties
Criminal fines for false disclosures
Last verified
2026-08-22
In plain language
What this law does
TCFD-aligned climate disclosure with a mandatory net-zero roadmap element, Scope 1/2/3 emissions per GHG Protocol/ISO, quantified reduction targets, and machine-readable publication.
Core obligations
Governance; strategy incl. net-zero roadmap; risk management; metrics & targets; Scope 1+2+3; XBRL publication
Dictionary
Terms defined in this law
- TCFD-aligned minimum content: **Governance, Strategy, Risk Management, Metrics and TargetsOrdinance on Climate Disclosures (in force 1 Jan 2024)
- Metrics must include **Scope 1, 2 and 3** GHG emissions per GHG Protocol / ISO standards, and **quantified targets** incl. reduction targets.Ordinance on Climate Disclosures (in force 1 Jan 2024)
- From reporting year 2025Ordinance on Climate Disclosures (in force 1 Jan 2024)
Claims
Claims connected to this source
Reviewed claim links will appear here.