ESG Compliance

Last Saturday, the NZZ wrote that “Three letters spell out one of the most popular trends in the world of finance: ESG” [1]. ESG stands for environmental, social and governance (ESG) criteria, with respect to pollution, human rights and transparent corporate management. Swiss politicians also deal with these three criteria, namely in connection with the corporate responsibility initiative [2]. The newly developed ESG RISK MONITOR detects relevant risks in multinational corporations, as well as for their partners and suppliers [3].

Stay up-to-date with all the latest national and international legislative projects, relevant developments and events with the free biweekly ESG News Update. The ESG Risk Check checks up to 100 suppliers and creates detailed reports on the three riskiest entities. The ESG Risk Monitor monitors current supplier chains and send alerts when there are relevant developments. You can find more information here.

 

Links:

[1]https://www.nzz.ch/finanzen/fonds-und-vorsorge-greenwashing-blendet-anleger-ld.1505985

[2]https://www.bj.admin.ch/bj/de/home/wirtschaft/ gesetzgebung/konzernverantwortungsinitiative.html

Complete Revision of the Federal Data Protection Act

The complete revision's draft of the Federal Data Protection Act is currently in political consultation. Data Protection is to be increased by giving people more control over their private data as well as reinforcing transparancy regarding the handling of confidential data.

Links: draft, report

Eurospider Information Technology AG
Schaffhauserstrasse 18
8006 Zürich

 

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