Number of the week 100 percent of Swiss companies have a climate strategy

All major listed Swiss companies have a climate strategy. This puts Switzerland ahead of its neighbors Germany and Austria, according to a new study by Kirchhoff Consult and BDO.

In Germany, only 83 percent of large listed companies have a climate strategy. In Austria, the figure is 95 percent.

Overall, the companies in the Swiss Market Index (SMI) reduced their CO2 emissions by 22% between 2021 and 2023. In Germany, emissions fell by 6 percent, in Austria by 19 percent. According to the authors of the study, this shows that a concrete strategy with reduction measures is the basis for a serious reduction in climate-damaging emissions.

For the study, the auditing firm BDO and the consulting firm Kirchhoff Consult analyzed the current carbon footprints for the 2023 financial year of companies from the DAX40, ATX and SMI benchmark indices.