Corporate Sustainability Due Diligence
The GEM welcomes the conclusion that the European directive on duty of care (CS3D) will have direct and indirect consequences for the Swiss economy. In its constant desire to preserve the competitiveness of the economy, the GEM supported the counter-proposal to the initiative for responsible companies in 2020.
- Date: 2023-12-22
The Federal Council has published the external study on the impact of the European Directive on the Duty of Diligence (CS3D) on Swiss companies and the country's attractiveness and competitiveness.
Bringing Swiss legislation into line with this directive, taking account of Switzerland's specific characteristics, will cut red tape for Swiss companies with European operations. It will also enable them to respond favourably to requests from their European partners, who are members of the same value chain, thereby preserving their competitiveness.
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