- within Corporate/Commercial Law topic(s)
- in United States
- with readers working within the Consumer Industries industries
- within Intellectual Property, Insurance and Privacy topic(s)
On 2 April 2026, the Swiss Federal Council published the preliminary draft for a Federal Act on Sustainable Corporate Governance (Bundesgesetz über die nachhaltige Unternehmensführung, NUFG). The draft is a counterproposal to the “Corporate Social Responsibility Initiative 2.0” and is based on the European Union's rules revising the corporate sustainability framework within the European Union (the Omnibus I Package).
The NUFG would significantly reshape Swiss sustainability reporting and due diligence requirements, including the duties for companies, their subsidiaries, and business partners to comply with international provisions for the protection of human rights and the environment. New civil liability provisions would be introduced for large companies failing to meet their due diligence obligations relating to human rights and the environment. Furthermore, a new oversight authority would be established to supervise companies' compliance with their due diligence and reporting obligations.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
