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Climate Action

Investors Warn Omnibus Package Could Weaken EU Sustainability Disclosures

More than 200 financial sector actors, including 162 asset owners and asset managers with a combined €6.6tn assets under management, have signed a joint statement calling on the EU Commission to “preserve the integrity and ambition” of the EU’s sustainable finance framework.

04 February 2025

Switzerland Updates Emissions-Reduction Targets

At its meeting on 29 January, the Federal Council approved Switzerland's new reduction target under the Paris Agreement. This corresponds to the reduction path of the Swiss Climate and Innovation Act. By 2035, Switzerland should reduce its greenhouse gas emissions by at least 65% compared to 1990 levels, and by 59% on average between 2031 and 2035.

31 January 2025