Campaigners argue that corporations based in Switzerland repeatedly violate human rights and basic environmental regulations.
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January 7, 2025 – 14:06 3 minutes
DeutschdeSammelstart für eine neue Konzernverantwortungsinitiative
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Read more: Sammelstart für eine neue Konzernverantwortungsinitiative
+Get the most important news from Switzerland in your inboxThe “Coalition for Responsible Multinationals” must collect 100,000 valid signatures by July 7, 2026 to try to secure a nationwide vote. Presenting its proposal to the media in Bern on Tuesday, campaigners argued that corporations based in Switzerland repeatedly violate human rights and basic environmental regulations.The text of the initiative was published in the Federal Gazette on Tuesday.Switzerland should not remain an islandThe coalition wants to prevent Switzerland from remaining an island without corporate responsibility. Several European countries now have similar laws. The European Union also passed a due diligence directive last year. However, the discussion in Switzerland is not making any progress. they argue.More
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Petition demands multinationals be held to account
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The “Coalition for Responsible Multinationals” has submitted a petition with 217,509 signatures to the Federal Chancellery.
Read more: Petition demands multinationals be held to account
The new obligations should apply to companies with more than 1,000 employees and a turnover of CHF450 million ($495 million). Large corporations and their subsidiaries should also have to comply with due diligence obligations on human rights and environmental protection abroad, and they should be obliged to reduce greenhouse gas emissions, the coalition says.Under their proposal, an independent supervisory body will carry out spot checks to ensure that companies are complying with the requirements. If corporations or the firms controlled by them cause damage, they should be held liable. Anyone affected by human rights violations by Swiss companies should be able to take legal action.If the initiative is accepted in a national vote, parliament will have to adopt the legal provisions for the implementation of the initiative no later than two years afterwards. More
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Responsible business initiative rejected at the ballot box
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