Engagement Reporting

Our Vision

“Together, we are fulfilling our responsibilities as investors and driving positive change towards an environmentally, socially and financially sustainable economy.”

This page illustrates how this vision is put into practice. Key figures, thematic insights and case studies provide an overview of SVVK’s engagement activities and show how impact is achieved step by step.

Two Paths to Engagement

Companies are selected for engagement dialogue using two different approaches.

On the one hand, SVVK-ASIR identifies and prioritises companies with severe and systematic risks based on a risk-based approach. These dialogues follow a clearly defined engagement and escalation procedure and may ultimately lead to a recommendation for exclusion if no progress is achieved. SVVK-ASIR also conducts thematic dialogues with companies. When selecting these engagements, factors such as their potential impact are taken into account.

Learn more about engagement dialogue.

Engagements in Numbers

Dialogue is a process. The following overview shows SVVK-ASIR's ongoing engagement dialogues as at 31 December, as well as dialogues successfully completed and exclusion recommendations issued during the reporting year.

Number
  • Engagements 2025
    428
    • Ongoing Dialogue
      388
    • Successfully Completed
      37
    • Recommendation for Exclusion
      3

Thematic Diversity

Every engagement dialogue is driven by a specific concern. The following overview illustrates the thematic diversity of SVVK-ASIR's ongoing engagements as at 31 December.

Number
  • Environment
    153
    • Nature and Biodiversity
      91
    • Climate Change
      47
    • Contamination and Pollution
      10
    • Controversial Projects
      5
  • Governance
    103
    • Corporate Governance
      74
    • Bribery, Fraud and Corruption
      23
    • Shareholder Rights
      6
  • Human Rights
    93
    • Labour Rights and Worker Safety
      26
    • Safety of Products and Services
      20
    • Human Rights Due Diligence
      19
    • Severe Harm to Local Communities
      16
    • Complicity in Government Violations
      12
  • Various ESG Themes
    39

Exclusion Recommendations

The following overview shows SVVK-ASIR's exclusion recommendations that were in force as at 31 December, as well as the reasons for their inclusion on the exclusion list.

Companies can violate the normative basis both through their products and through their conduct. In the first case, SVVK-ASIR recommends the exclusion of producers of certain controversial weapons (Controversial Weapons Policy ). In the event of conduct-based violations, SVVK-ASIR seeks to enter into a targeted dialogue with the company concerned in order to bring about a change in conduct. Should the dialogue prove unsuccessful, this may lead to a recommendation for exclusion (Engagement and Exclusion Policy ). Exclusion recommendations in the climate context (Deny Debt) apply exclusively to debt instruments and take effect upon publication.

SVVK-ASIR also recommends that its members exclude sovereign debt issued by countries against which Switzerland has imposed a comprehensive embargo on military or repression goods due to violations of international law, in particular human rights. Further information can be found in the Sanctions against Countries Policy .

Number
  • Countries
    12
  • Companies
    48
    • Controversial Weapons
      25
    • Conduct-Based Violations
      17
    • Deny Debt (Climate-Based Exclusion)
      6