cobank helps companies
produce defensible
emissions numbers.
Most Swiss SMEs are no longer in mandatory EU CSRD scope after Omnibus I, but value-chain information requests from EU customers, Swiss banks, and procurement processes have not gone away. cobank helps your company produce the numbers these audiences ask for — in hours, not weeks, and in a form an auditor can verify.
Who has to report
Reporting obligations depend on where your company is registered, how large it is, and which frameworks your customers, investors or banks expect you to follow. A short, non-exhaustive map:
CH CO Art. 964a–c & Climate Disclosures Ordinance
Non-financial reporting under Swiss Code of Obligations Art. 964a–c applies to large undertakings (500+ FTE plus balance-sheet thresholds). The Climate Disclosures Ordinance prescribes TCFD-aligned disclosures for those entities.
The revised Federal Act on Data Protection (nFADP, in force since September 2023) governs how related personal and business data is processed and retained.
CSRD / ESRS E1 (post-Omnibus)
Under Omnibus I, mandatory CSRD scope now applies to companies exceeding both 1'000 employees and €450M turnover. Wave 2 reports are due FY2027, published 2028. Limited-assurance engagements are the regulatory ceiling — the previously-planned transition to a higher assurance level was removed.
ESRS E1 defines the climate-change disclosure format for in-scope entities: Scope 1, 2 and 3 emissions, transition plans, and reduction targets.
VSME, GHG Protocol, SBTi, CDP
Most out-of-scope mid-market companies receive data requests in VSME shape from EU-domiciled customers, or in GHG Protocol Corporate Standard shape from banks and investors.
SBTi is used to validate reduction targets; CDP is used to disclose to investors and customers. Most supplier questionnaires ask for numbers in one of these shapes.
How cobank helps
cobank does not file your report for you, and it does not replace your auditor. It produces the underlying numbers these frameworks ask for, together with the evidence trail that makes those numbers defensible.
Data, from invoices you already keep
cobank ingests the invoices your business is already legally required to retain and extracts activity data — litres of fuel, kilowatt hours, kilometres of freight, kilograms of material — line by line. No spreadsheet hand-entry, no annual survey cycle.
Methodology, versioned and documented
Each line item is matched to a specific emission factor from a curated library — DEFRA 2025, BAFU, IEA grid factors for the default library, with an optional ecoinvent add-on available on enterprise plans. The factor version, its source and its effective date are recorded alongside the calculation, and historical numbers stay bound to the factors in force when the invoice was issued.
Audit trail, per line item
Every calculation is versioned and traceable to the source invoice, the specific line, the factor applied and the person or system that touched it. Nothing is overwritten silently.
Reports, structured for the frameworks above
cobank produces reports structured for GHG Protocol reporting and for the data points CSRD / ESRS E1 expect. You and your auditor remain the ones who sign off; cobank is the working paper underneath.
What we don't do yet
An honest list of the things cobank does not currently do. Some of these are on the roadmap; some are out of scope by design. Either way, it is better that you hear them here than from your auditor.
- We don't give legal advice. Whether a specific obligation applies to your company under KlimaV, CSRD or any other regime is a question for qualified counsel. cobank helps you produce numbers; it does not tell you which law to file them under.
- We don't provide assurance-level attestation. Independent limited-assurance engagements under ISSA 5000 / ISAE 3000 / ISAE 3410 are the job of a licensed auditor. cobank is designed to make that audit shorter, not to replace it. For detail on what each assurance level means, see our assurance levels explainer.
- We don't yet cover every Scope 3 category. Spend-based fallbacks exist for many categories, but physical-method coverage for upstream and downstream activities is being expanded iteratively. The methodology page documents what is currently in scope.
- We don't sell or recommend carbon offsets. This is deliberate. cobank measures; it does not broker.
- We don't operate under SOC 2 or ISO 27001 certification today. Data is stored in Swiss data centres with AES-256 at rest and TLS 1.3 in transit; formal certification programmes are on the roadmap but not yet in place.
Talk it through in 20 minutes.
The simplest way to figure out whether cobank fits your reporting situation is a short conversation. No slides, no pitch — just your obligations and what we can take off your plate.
The information on this page is provided for general orientation only and does not constitute legal, tax or audit advice. Regulatory obligations depend on the specific circumstances of your company and are subject to change. cobank helps your company produce and document emissions data; it is not a substitute for qualified legal counsel or an independent auditor. Framework names (GHG Protocol, CSRD, ESRS, SBTi, CDP, ISO 14064, nFADP, KlimaV) are the property of their respective organisations and are referenced here for descriptive purposes only.