The Swiss Financial Centre wants to position itself as an international leader in terms of credible climate transparency. The Federal Council has thus launched the Swiss Climate Scores during its meeting on 29 June 2022.
The Swiss Climate Scores provide institutional and private investors in Switzerland with comparable and meaningful information on the extent to which their financial investments are compatible with international climate goals. The Federal Council recommends that Swiss financial market players apply the Swiss Climate Scores to financial investments and client portfolios where appropriate.
The Swiss Climate Scores enable comparisons for financial investments using six indicators and are based on widely recognized standards. They are geared to the obligations under the Paris Agreement, with the following objectives:
Swiss financial market players are recommended to use the scores as a framework and metric of alignment in relation to the climate impact of their financial investments and client portfolios.
By the end of 2023, the Federal Department of Finance (FDF) and the Federal Department of the Environment (DETEC) will have monitored and assessed the voluntary uptake of the initiative by Swiss financial market players.
It is up to the financial institutions to decide where to apply the Swiss Climate Scores. Typical coverage will include financial products that are offered by asset managers, banks and insurance companies to institutional and private clients.
If you are a financial institution engaging in and/or offering investment services:
If you are a company operating in any other sector and you are interested in attracting sustainable finance and investment: