avarni

Climate Reporting Compliance for Swiss Companies

Meet the Ordinance on Climate Disclosures and TCFD-aligned requirements

Designed to pass audit every time
Built for finance & HSE professionals
Australia-based, CSIRO-backed

15+

Markets

1,000+

Integrations

CSIRO

Backed AI

$473B+

Data Analysed

Regulatory requirements

Ordinance on Climate Disclosures (OCD)

Switzerland requires large companies to report on climate matters through the Ordinance on Climate Disclosures, which came into force on 1 January 2024. The ordinance implements the climate provisions of the Swiss Code of Obligations (Art. 964a-c) and aligns with the TCFD framework, requiring disclosure on governance, strategy, risk management, and metrics and targets.

Who must report

Public interest entities meeting two of three thresholds: 500+ full-time employees, CHF 20 million+ total assets, CHF 40 million+ revenue. This includes listed companies, large banks, and insurance companies. Approximately 250 entities in scope.

Penalties

Fines of up to CHF 100,000 for individuals responsible for non-compliance. Criminal liability under the Swiss Code of Obligations. FINMA supervisory measures for regulated financial institutions.

Frameworks

TCFDOCD

Key compliance deadlines

November 2022

OCD published

The Federal Council published the Ordinance on Climate Disclosures, implementing the climate reporting provisions of the revised Code of Obligations.

January 2024

OCD enters into force

The Ordinance on Climate Disclosures became mandatory for financial years beginning on or after 1 January 2024.

2024

First transition plans required

In-scope companies must publish transition plans describing how they will meet their climate targets, including interim milestones.

2025

First full disclosures published

Companies publish their first complete climate disclosures covering governance, strategy, risk management, and metrics and targets.

How Avarni helps you comply

Enterprise-grade carbon accounting software designed for complex organisations and strict regulatory requirements.

Scope 1, 2 & 3 Emissions

Comprehensive emissions calculation across your entire value chain, with AI-driven factor selection.

Framework Reporting

Generate reports aligned to TCFD, ISSB, CSRD, ESRS, and local regulatory frameworks.

Audit-Ready Outputs

Produce assurance-grade reports that satisfy auditor requirements and regulatory scrutiny.

1,000+ Integrations

Connect with your existing ERP, accounting, and procurement systems including Oracle, SAP, and Workday.

AI-Powered Analysis

CSIRO-backed AI engine automatically categorises and calculates emissions from complex datasets.

Real-Time Dashboard

Track your progress with live emissions data, compliance status, and supplier mapping.

Our Switzerland presence

Office Address

Bahnhofstrasse 28, 8001 Zurich

Phone

+41 44 552 36 00

Our Switzerland Team

Our Swiss team specialises in the Ordinance on Climate Disclosures and TCFD-aligned reporting, supporting listed companies and financial institutions across Switzerland's unique regulatory landscape.

Meeting the OCD requirements while maintaining consistency with our group-level TCFD report was critical. Avarni's platform ensured our Swiss disclosures were both locally compliant and globally coherent.

Andreas Keller

Head of Group Sustainability Reporting, Zurich Precision Engineering AG

Get compliant before January 2024

Don't wait until the last minute. Start your Switzerland compliance journey today.

Or call us to speak with a Switzerland compliance specialist