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Switzerland · act

Code of Obligations Art. 964a–c — non-financial reporting

Swiss Code of Obligations Art. 964a–964c

In forceApplies 2022-01-01Verified 2026-08-25

Scope

Public-interest companies with ≥500 FTEs AND ≥CHF 20m balance sheet or CHF 40m turnover (two consecutive years)

Penalties

Criminal fines for false/missing reports (CO Art. 325ter ff.)

Last verified

2026-08-25

In plain language

What this law does

Annual Dictionary termReport on non-financial mattersmust cover: (1) business model description; (2) policies incl. due diligence applied; (3) **risks** (own operations and, where relevant and proportionate, business relationships, products, services); (4) **measures taken and their effectiveness**; (5) **main performance indicators**.Read the full definition — environment (incl. CO₂ targets), social, employee, Dictionary termHuman RightsThe universal and inherent rights and freedoms held by every person because they are human, without discrimination.Read the full definition and anti-corruption — approved and signed by the supreme governing body. A 2026 Federal Council Dictionary termConsultationA structured process in which an organisation seeks stakeholder views early enough to inform a decision and then considers and responds to that input.Read the full definition draft (sustainability corporate governance act) would replace Art. 964a ff. with ISSB-aligned reporting for companies above 1,000 FTE and CHF 450m turnover.

Formal requirements

What the law requires

Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.

Who and what it covers

  1. Public-interest companies (PIEs) with ≥500 FTEs AND ≥CHF 20m balance sheet or CHF 40m turnover (2 consecutive years)

    Code of Obligations (CO) Art. 964a–c

Key dates

  1. First reports for FY2023 (published 2024)

    Code of Obligations (CO) Art. 964a–c

Disclosure requirements

  1. Coverage of the four subject areas — environmental matters (incl. CO2 targets), social matters, employee matters, respect for Dictionary termHuman RightsThe universal and inherent rights and freedoms held by every person because they are human, without discrimination.Read the full definition , and combating corruption.

    Code of Obligations (CO) Art. 964a–c

Governance

  1. Report approved and signed by the supreme management/governing body

    Code of Obligations (CO) Art. 964a–c

  2. no external Dictionary termAssuranceAn independent engagement designed to increase intended users' confidence in defined sustainability information by evaluating it against suitable criteria and reporting a conclusion.Read the full definition required

    Code of Obligations (CO) Art. 964a–c

Dictionary

Key terms for this law

Terms with a retained, published connection to this legal source.