Discover our content for free!

Receive daily social, legal, European or international news by email

Switzerland: responsible business initiative fails to garner sufficient support
Planet Labor, 30 November 2020, n°12251 -

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.

2308 characters remaining

Pour lire l’intégralité de cet article