Sustainability in the financial sector

Greenwashing, green fintech, climate reporting – sustainable finance is becoming increasingly important in Switzerland.

Brief summary

Sustainability in the financial sector is becoming increasingly important both nationally and internationally, which is a great opportunity for the Swiss financial centre. The state plays the role of mediator, conducts intensive dialogue with the sector and interested parties, and advocates an optimal regulatory framework.

By adopting the 2030 Agenda for Sustainable Development in 2015, the member states of the UN declared their willingness to jointly meet the 17 Sustainable Development Goals by 2030. Switzerland ratified the Paris Convention on Climate Change in 2017. In 2019, the Federal Council set the objective of zero net greenhouse gas emissions by 2050.

Accordingly, sustainability topics are increasingly shaping the financial market as well. The importance of such financial investments has risen sharply for both wealth management and investment advice, and pension funds and insurance companies.

Further information on the topic can be found on the website of the State Secretariat for International Finance SIF, see link.

Dossier of the relevant office