Brazil to incorporate ISSB standards into regulatory framework

Brazil to incorporate ISSB standards into regulatory framework

The Brazilian Ministry of Finance and the Comissão de Valores Mobiliários (CVM) have announced that the ISSB’s IFRS Sustainability Disclosure Standards will be incorporated into the Brazilian regulatory framework, setting out a roadmap to move from voluntary use starting in 2024 to mandatory use on 1 January 2026.
For more information, please see the press release by the IFRS Foundation here.