Home » Corporate social responsibility » Initiatives from the public authorities and other stakeholders » Switzerland: responsible business initiative fails to garner sufficient support Switzerland: responsible business initiative fails to garner sufficient support In a vote held on Sunday 29 November, a popular initiative in Switzerland that seeks to hold large companies in the country accountable for the actions of their affiliates and suppliers abroad failed to achieve a majority among Swiss cantons, with only 8.5 votes in favour out of 23, despite achieving a slim majority of 50.7% in the popular vote. As a result, a compromise law that is far less restrictive will be voted on. Many believe nonetheless that the result of the popular vote places a certain amount of pressure on Swiss firms. Through . Published on 30 November 2020 Ă 15h22 - Update on 30 November 2020 Ă 15h22 Resources Under the Swiss voting system, a popular initiative requires a double majority – of both voters and cantons – to be adopted. Launched in 2015 by nearly 130 NGOs (see article n°12197 on the debate surrounding this vote) and put to a vote on Sunday 29 November,… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 15 days Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst nameLast nameOrganizationFunctionemail* Object of the messageYour messagePhoneThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications What type of employment status will platform workers hold? Planet Labor updates its comparison of several countries’ regulatory responses CSR: support for caregiving employees, a new challenge for companies Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
