Climate Reporting Compliance for Brazilian Companies
Navigate CVM Resolution 193 and ISSB-aligned sustainability disclosures
15+
Markets
1,000+
Integrations
CSIRO
Backed AI
$473B+
Data Analysed
Regulatory requirements
CVM Resolution 193 - Sustainability Reporting
Brazil has mandated ISSB-aligned sustainability reporting through CVM Resolution 193, issued by the Comissao de Valores Mobiliarios (CVM). The regulation requires publicly traded companies, investment funds, and securitisation companies to produce sustainability and climate disclosures in line with IFRS S1 and S2, making Brazil the first major Latin American economy to mandate ISSB standards.
Who must report
All publicly traded companies registered with CVM, investment fund administrators, and securitisation companies. Voluntary adoption encouraged from 2024, with mandatory reporting for financial years beginning on or after 1 January 2026.
Penalties
CVM enforcement actions including fines, suspension of registration, and prohibition from acting as officers or board members. Specific penalty amounts determined by CVM on a case-by-case basis.
Frameworks
Key compliance deadlines
CVM Resolution 193 issued
The CVM issued Resolution 193, establishing the framework for mandatory sustainability reporting aligned with ISSB standards in Brazil.
Voluntary adoption begins
Companies were encouraged to voluntarily adopt IFRS S1 and S2 for financial years starting from 1 January 2024, with CVM providing guidance.
Preparation and capacity building
CVM and market participants focused on building capacity, developing guidance, and conducting pilot disclosures ahead of the mandatory deadline.
Mandatory reporting begins
All in-scope entities must produce sustainability disclosures in line with IFRS S1 and S2 for financial years starting on or after 1 January 2026.
How Avarni helps you comply
Enterprise-grade carbon accounting software designed for complex organisations and strict regulatory requirements.
Scope 1, 2 & 3 Emissions
Comprehensive emissions calculation across your entire value chain, with AI-driven factor selection.
Framework Reporting
Generate reports aligned to TCFD, ISSB, CSRD, ESRS, and local regulatory frameworks.
Audit-Ready Outputs
Produce assurance-grade reports that satisfy auditor requirements and regulatory scrutiny.
1,000+ Integrations
Connect with your existing ERP, accounting, and procurement systems including Oracle, SAP, and Workday.
AI-Powered Analysis
CSIRO-backed AI engine automatically categorises and calculates emissions from complex datasets.
Real-Time Dashboard
Track your progress with live emissions data, compliance status, and supplier mapping.
Our Brazil presence
Office Address
Avenida Presidente Wilson, 231, 28 andar, Centro, Rio de Janeiro, RJ 20030-021
Phone
+55 21 3554-8100
Our Brazil Team
Our Brazil team brings together sustainability and financial reporting expertise to help listed companies and investment managers navigate the transition to ISSB-aligned mandatory disclosures.
“As a large agribusiness group, our emissions profile is complex. Avarni helped us build a measurement framework that meets CVM expectations while being practical enough to operate across our 40+ facilities.”
Carolina Mendes
Sustainability & Compliance Director, AgroBrasil Participacoes S.A.
Get compliant before January 2026
Don't wait until the last minute. Start your Brazil compliance journey today.
Or call us to speak with a Brazil compliance specialist