The Federal Council approved the regulation on reporting on climate issues. Public companies, banks and insurance companies with at least 500 employees and a balance sheet total of CHF 20 million or more or a turnover of more than CHF 40 million must report publicly.
The Federal Council wrote that large companies making transparent how their activities affect the climate are central to the functioning of markets and climate sustainability in the financial sector.
(SDA)
Source:Blick
I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I’m passionate about. I have worked in this field for more than 5 years now and it’s been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.
