Are the requirements of CSRD transposed? If yes, what was the implementation date and what is the name of the legislation?
Not applicable – no transposition obligation. Alignment work on the Swiss Code of Obligations is ongoing.
Has the local legislation extended the scope of the CSRD, by adding any additional requirements or going beyond the Directive in any way?
N/A.
How does the transposition affect different types of companies? Are there specific provisions for different sizes or types of companies, such as SMEs versus large enterprises?
The amendments expand mandated reporting for Swiss companies that meet two of the following thresholds:
- over 250 employees
- a balance sheet total of CHF20 million
- a turnover of CHF40 million.
- external auditing requirements are also introduced for disclosures.
Do any enforcement provisions, such as sanctions or penalties exist under local law for non-compliance with CSRD?
Details to come.
If the CSRD has not yet been transposed, what steps have been taken towards implementation?
Alignment in process.
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