7.5 Climate Transition Plan to Effectively Operationalize Climate Goals
Switzerland’s commitment to achieving net-zero emissions by 2050, along with the obligation for companies to disclose their climate transition plans, underscores the importance of underpinning corporate climate goals with a robust approach. A well-founded climate transition plan ensures the effective operationalization of the company’s strategic climate objective and can significantly contribute to achieving these goals.
The similarities between Swiss regulations and the EU’s CSRD and CSDDD provisions indicate a movement toward globally standardized and transparent reporting mechanisms that enhance collective efforts to combat climate change.