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Swiss Companies And The Sdgs: A Closer Look At Their Impact
Switzerland consistently ranks among the top nations globally for economic prosperity and quality of life. In a recent analysis, Swiss companies have demonstrated commendable performance in Environmental, Social, and Governance (ESG) metrics, placing them 8th out of 28 OECD countries. This positions Switzerland in the leading group for ESG impact performance.
Key Findings:
Overall ESG Ranking: Swiss companies achieved an average ESG impact rating of 7.41, equivalent to a B-, indicating strong sustainability practices.
Sector Performance:
Leaders: Swiss firms outperform the OECD average in sectors like Communication Services, Energy, and Materials.
Challenges: The Real Estate sector lags behind, showing below-average ESG performance.
ESG Dimensions:
Strengths: Swiss companies excel in Environmental, Social, and Labor metrics.
Area for Improvement: Governance practices slightly underperform compared to OECD peers.
Conclusion:
While Swiss companies lead in various ESG dimensions, there's room for improvement, particularly in governance practices and the real estate sector. Continued efforts in these areas will enhance Switzerland's position as a global leader in sustainable business practices.
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