ACCA welcomes the opportunity to respond to the CVM’s public consultation on Minuta Pronunciamento Técnico from the Comitê de Brasileiro de Pronunciamentos de Sustentabilidade (CBPS) nº 01 and nº 02 regarding climate-related disclosures based on the International Sustainability Standards Board (ISSB) IFRS S1 and S2, respectively. ACCA has consistently advocated for a global approach to the development of sustainability disclosure standards. We fully support the role of the International Sustainability Standards Board in setting a consistent and comparable global baseline for sustainability reporting around the world.
As such, we welcome and commend the adoption by the CVM of IFRS S1 and S2 and we welcome further engagement to assist Brazil in promoting sustainable finance and addressing the growing importance of climate-related information in the global financial landscape.
To read the response in full, please download the consultation document on this page.