The Brazilian Securities Commission (CVM) has published a status update on Initiative 2 of its Sustainable Finance Action Plan (PAFS 2025–2026), focusing on thematic supervision of corporate sustainability disclosures governed by CBPS 01 and CBPS 02 standards.
Supervision Framework and Implementation Status
Initiative 2 establishes thematic supervision for sustainability-related disclosures across the Brazilian securities market, grounded in standards CBPS 01 and CBPS 02, which align with international standards IFRS S1 and IFRS S2.
Official monitoring documentation indicates that this PAFS 2025–2026 deliverable has been classified as partially completed.
