There’s a Lot Happening on ESG in “Understated” Switzerland

Switzerland’s numerous pension funds have traditionally focused on exclusion and ESG integration, but impact investment has grown significantly. The government has committed to reduce its greenhouse gas emissions by 50% by 2030 and 35% in the next 9 years.  72% of climate actions have been taken after 2017 and disclosures have also increased. The country also adopted a sustainable finance policy to make the Task Force on Climate-related Financial Disclosures guidelines “binding” as well as added amendments to prevent greenwashing. The government also created a Green Fintech Network in November and a new finance tool outlining natural capital risks and finance opportunities called ENCORE.