Progress against milestone 4.2030.5:
Sustainability performance data is audited, validated and made publicly available.
October 25, 2023
Brazil is requiring public companies to provide annual sustainability and climate-related disclosures, starting in 2026. These new reporting requirements are based on sustainability and climate-related disclosure standards issued by International Financial Reporting Standards’ (IFRS) International Sustainability Standards Board (ISSB).
Public companies and investment funds will begin their sustainability reporting following IFRS standards in 2024 on a voluntary basis and mandatory for public companies in 2026.
Source: IFRS