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The climate strategy is inadequate due to a lack of scientific targets, the foundation wrote in a statement on Monday. Additionally, the vast majority of indirect greenhouse gas emissions have not been verified by an external auditor.
Ethos considers the information in the sustainability report to be limited. For example, targets for waste disposal and water consumption are not disclosed.
Additionally, the foundation disagrees that the vote on the sustainability report was merely consultative rather than binding. According to the Code of Obligations, the report must be approved by the general assembly, like the annual financial statements.
The investment foundation rejects all agenda items regarding remuneration, as well as the sustainability report. He criticizes the lack of transparency in the remuneration report and the high salary given to Chairman Severin Schwan. (SDA)
Source :Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.