The Brazil Securities Commission (CVM) has launched a comprehensive survey to map benefits, challenges, levels of knowledge and practical needs related to adopting CBPS 01 (IFRS S1) and CBPS 02 (IFRS S2) in Brazil’s capital markets. The exercise is intended to gather market feedback to support CVM’s ongoing monitoring work and to help firms prepare for a transition from voluntary reporting to a mandatory phase. The survey targets listed companies, investors, auditors and specialist consultancies, and is coordinated by CVM’s Investor Guidance and Sustainable Finance Superintendence (SOI). Responses will be confidential, and the initiative sits within CVM’s action plan for the voluntary adoption period for sustainability-related financial information reporting based on the International Sustainability Standards Board (ISSB) standards under CVM Resolution 193. Online questionnaires will be available until 22 April 2025.
Brazil Securities Commission (CVM) 2025-04-02
Brazil Securities Commission launches survey on IFRS S1 and S2 sustainability disclosure adoption open until 22 April 2025
The Brazil Securities Commission (CVM) has initiated a survey to assess the adoption of CBPS 01 (IFRS S1) and CBPS 02 (IFRS S2) in Brazil's capital markets. This effort aims to gather feedback from listed companies, investors, auditors, and consultancies to aid CVM's monitoring and support the transition to mandatory reporting. The survey is part of CVM's plan for voluntary adoption of sustainability-related financial reporting under ISSB standards.