Updates on jurisdictional adoption of sustainability reporting
The latest developments in adoption of the IFRS Sustainability Disclosure Standards (SDS) around the world.
That includes:
- Mexico - The Comisión Nacional Bancaria y de Valores (CNBV) issued a “Regulatory Proposal— Resolution Amending The General Provisions Applicable to Securities Issuers and Other Securities Market Participants”. The proposal requires issuers (not financial entities or states and municipalities) to present financial sustainability information, prepared in accordance with IFRS S1 and IFRS S2. These disclosures are in addition to any sustainability disclosure requirements in the country of origin for foreign companies.
- A reminder that the latest on jurisdictional sustainability consultations is available on the IFRS Foundation website.