Decarbonization is currently a high priority, not only for states but also for large corporations. When a large multinational sets a science-based emissions reduction target, it implies that its suppliers will also need to establish targets. SMEs are now facing a straightforward choice: either set credible targets or risk losing business.
Given that the number of companies with science-based targets doubles every year, for most export-oriented SMEs, it's not a matter of whether they need to set targets, but rather when they should do so.
Swiss companies must recognize that decarbonization is not an option but a necessity. The new Swiss climate law mandates them to achieve net-zero emissions by 2050, compelling them to take action regardless.
