SWITZERLAND Trends and Developments Contributed by: Liburn Mehmetaj, Roxane Allot and Andreas Hösli, Walder Wyss Ltd
investors and advocacy organisations, and are beginning to shape expectations of corporate accountability. Companies involved in these pro - ceedings are paying closer attention to stake - holder dialogue and internal compliance docu - mentation, knowing that public findings, even in the absence of formal sanctions, can have seri - ous reputational consequences. Taken together, these developments suggest that the business and human rights landscape in Switzerland is moving towards a model of enforced international standards, in which repu - tational risk, investor scrutiny and international convergence are substituting, at least for now, for the absence of a single, comprehensive legal duty of care. Therefore, the strategic question for Swiss companies is not whether human rights due diligence should be addressed, but how it should be embedded across business functions and to what extent it should anticipate emerging comprehensive regulatory standards in Switzer - land as well as in other jurisdictions.
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