{"id":41192,"date":"2026-10-13T14:19:52","date_gmt":"2026-10-13T17:19:52","guid":{"rendered":"https:\/\/cebds.org\/?post_type=noticia&p=41192"},"modified":"2026-10-13T14:19:53","modified_gmt":"2026-10-13T17:19:53","slug":"ifrs-s1-e-s2-avancam-mesmo-com-flexibilizacao-regulatoria","status":"publish","type":"noticia","link":"https:\/\/cebds.org\/en\/noticia\/ifrs-s1-e-s2-avancam-mesmo-com-flexibilizacao-regulatoria\/","title":{"rendered":"IFRS S1 and S2 advance even with regulatory flexibility."},"content":{"rendered":"

CEBDS's new guide helps companies transform sustainability and climate information into consistent data for risk management and financial decisions.<\/em><\/p>\n\n\n\n

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What is a Sustainability Report and why is it important?<\/strong><\/p>\n\n\n\n

Sustainability reporting is the process by which an organization communicates how environmental, social, and governance aspects relate to its strategy, operations, and results. More than just a periodic publication, it contributes to transparency, accountability, and dialogue with investors, customers, employees, regulators, and other stakeholders. When supported by consistent, comparable, and traceable data, the report also supports risk and opportunity management and enhances the company's ability to incorporate sustainability factors into financial and strategic decisions.<\/p>\n\n\n\n

The debate on the disclosure of financial information related to sustainability has entered a new phase. Brazil and the United Kingdom have relaxed the mandatory application of IFRS S1 and S2 standards for publicly traded companies, but have maintained these standards as a benchmark for producing comparable and useful information for investors.<\/p>\n\n\n\n

Amid regulatory changes, the Brazilian Business Council for Sustainable Development (CEBDS) launched the IFRS S1 and S2 Guide in Practice<\/em>. The publication presents ways to connect sustainability risks and opportunities to accounting, finance, risk management, and business strategy.<\/p>\n\n\n\n

The guide was developed from a journey promoted by CEBDS and Climate Finance Hub Brazil, which brought together more than 50 organizations in 2026. The content addresses financial materiality, governance, data quality and traceability, financial effects and assurance, in addition to presenting an accounting connection methodology and examples from Brazilian companies.<\/p>\n\n\n\n

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What are IFRS S1 and S2?<\/strong><\/p>\n\n\n\n

Published in June 2023 by the International Sustainability Standards Board (ISSB), linked to the IFRS Foundation, the standards seek to establish a global basis for sustainability financial disclosures.<\/p>\n\n\n\n

IFRS S1 addresses sustainability-related risks and opportunities that may affect a company's cash flow, access to financing, or cost of capital in the short, medium, or long term. IFRS S2 applies this approach specifically to climate risks and opportunities, including physical and transition risks.<\/p>\n\n\n\n

Both standards structure information around four pillars: governance, strategy, risk management, metrics, and goals. Their focus is on information considered material to investors and other capital providers.<\/p>\n\n\n\n

In practice, adoption requires more than simply adding indicators to a sustainability report. Companies need to establish connections between environmental and social data, financial statements, strategic planning, and investment decisions.<\/p>\n\n\n\n

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