The Swiss government has decided to pause the revision of its climate disclosure ordinance, delaying the implementation of enhanced climate-related reporting rules for companies. This includes the requirement for businesses to provide net-zero alignment plans supporting Switzerland’s 2050 climate goals.

The delay is mainly attributed to the ongoing EU Omnibus process, which seeks to simplify corporate sustainability reporting and due diligence rules. The Swiss Federal Council intends to await the outcome to ensure regulatory alignment with the EU and maintain fair trading conditions for Swiss companies.

Originally introduced in 2022, the ordinance mandates climate reporting from 2025 based on TCFD recommendations, covering emissions, risks, and transition plans. A proposed revision in December 2024 aimed to align disclosures with international standards like the ISSB and ESRS, and required companies to submit net-zero roadmaps in line with the Climate and Innovation Act.

While the proposed changes were broadly welcomed during the consultation (which closed in March 2025), the Council has opted to postpone the revision until the EU finalizes its Omnibus reforms—no later than early 2026. The project on corporate climate disclosures is now expected to resume with an amendment bill by January 1, 2027.