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Business and human rights [Switzerland]
Author: Federal Department of Foreign Affairs, Switzerland, Published on: 8 August 2012
Some of the world’s largest multinational companies have their headquarters in Switzerland. These companies must respect national legislation in the countries they operate, also in relation to human rights and the environment. Switzerland is committed to ensuring that these corporations assume their responsibilities and also implement international corporate social responsibility standards...The Confederation coordinates the following measures...One of the key questions we will face in the years ahead will be whether governments should seek to regulate the global activities of companies domiciled in their territory by law or instead seek to influence them by means of incentives. This debate has only just begun in Switzerland and revolves around the question of obligations which Swiss corporations have in relation to their own activities and those of their subsidiaries and suppliers, and ways in which victims of human rights violations and environmental crimes can access remediation...