IFRS · ISSB
CVM 193
the obligation that sets the deadline
CVM Resolution 193 mandates sustainability disclosure under IFRS S1 and S2 standards for publicly listed companies in Brazil.
What CVM 193 requires — and from whom.
Published in October 2023, CVM Resolution 193 requires publicly listed companies to publish sustainability reports aligned with IFRS S1 (general sustainability disclosures) and IFRS S2 (climate disclosures).
The implementation timeline is progressive: larger companies begin mandatory disclosure from the 2026 financial year, with gradual expansion to other categories in subsequent years. Early voluntary adoption is permitted and encouraged.
Reports must cover governance, strategy, risk and opportunity management, metrics and targets — including climate scenario analysis and resilience assessment for IFRS S2 requirements.
Enverium structures the entire process — from requirement identification to the assembly of disclosure packs ready for review and audit.
Disclosure Obligations
Map IFRS S1 and S2 requirements applicable to your company — governance, strategy, risk management, metrics, targets, and connected information.
Obligated Entities
Identify which group entities are subject to CVM 193, considering registration category, size, and the progressive application timeline.
Implementation Timeline
Track mandatory deadlines by phase — including windows for early voluntary adoption and regulatory review milestones.
What the platform covers for CVM 193
- 01 Complete mapping of IFRS S1 and S2 requirements applicable to your regulatory profile.
- 02 Customised timeline with implementation milestones and delivery dates.
- 03 Governance decision records linked to each disclosure item.
- 04 Connected information controls between financial and sustainability reports.
- 05 Preparation of disclosure packs with traceable evidence for audit.
Prepare your company for CVM 193
Talk to our specialists about your company's disclosure timeline and scope.