Majority of shareholders approve sustainability reports of major Swiss companies
97 percent agree with sustainability reports
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Majority of shareholders approve sustainability reports of major Swiss companies
Shareholders have overwhelmingly approved the sustainability reports of the largest Swiss companies at their annual general meetings, with an average approval rate of 97%, according to an analysis by the news agency AWP.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
97 Prozent stimmen Nachhaltigkeitsberichten zu
Original
However, proxy advisors were much more critical of the companies in the Swiss Market Index (SMI). The shareholders’ association Actares rejected two-thirds of the reports, and the Ethos Foundation rejected half, primarily citing a lack of transparency and inadequate climate protection strategies.
This year marks the first time Swiss companies have been required to have their sustainability reports approved by shareholders, following the introduction of new legislation. These reports include information on CO2 emissions, energy consumption, and the proportion of women in the workforce.
Adapted from German by DeepL/amva
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Life & Aging
Switzerland no longer wants to foot the bill for ‘suicide tourism’
Swiss parliament calls for deeper EU security cooperation
This content was published on
The House of Representatives has called on the Swiss government to take a more proactive approach to European security policy.
Switzerland has no US-style fentanyl problem, says health minister
This content was published on
There is very little chance of a US-sized fentanyl epidemic in Switzerland, says health minister Elisabeth Baume-Schneider.
This content was published on
Two fish species recently discovered in Switzerland have been called fluvicola and ommata, following an appeal to the public for names.
Convicted ex-shipowner achieves partial success in Swiss court
This content was published on
The Federal Supreme Court orders lower court to reassess part of its verdict against former Swiss shipowner Hans-Jürg Grunder.
This content was published on
A Swiss moratorium on the genetic engineering of plants, which expires at the end of 2025, could be extended for five years.
SWISS airline achieves second-best profit in history
This content was published on
Revenues soared for Swiss International Air Lines in 2024, contributing to the second-largest profit in the company's history.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.