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Little Support For Swiss Government Ideas On Ethical Business

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The Swiss government's counter-proposal to a popular initiative on corporate ethics has received little support from businesses or politicians. The business community and the centre-right political parties reject the counter-proposal outright and the initiative’s backers and the left believe it does not go far enough. + Why big companies fear the Responsible Business Initiative The Radical Party has categorically rejected the indirect counter-proposal to the Responsible Business initiative, which aims to force companies to to respect human rights and protect the environment. The party argues that it is too similar to the initiative and does not solve the problems. The counter-proposal, it says, puts Swiss companies at a disadvantage in international competition, creates legal uncertainty and jeopardises jobs. Swissmem, the Swiss technology and engineering industry association, also rejects the counter-proposal in its entirety. The indirect counter-proposal received cautious support ...