ISSB IFRS S2 — Climate Disclosures
ISSB IFRS S2 — Climate-Related Disclosures
Brazil CVM: Jan 1 2026 Mexico CNBV: FY2025IFRS Sustainability Disclosure Standard S2 — Climate-related Disclosures. Mandatory for listed companies in Brazil (CVM Resolution 193) and Mexico (CNBV circular). Aligned with TCFD framework.
Framework Mapping
| IFRS S2 Requirement | Paragraph | Framework Component |
|---|---|---|
| Physical climate risks | §9 | Satellite climate data overlay on farm parcels → risk scoring per asset |
| Transition risks | §10 | Regulatory status tracker — EUDR compliance rate for supply chain |
| GHG metrics | §29 | IoT + satellite emission estimates → verified by Accredited Validator |
| Climate scenario analysis | §22 | Not in framework scope — requires financial modelling layer |
| Scope 3 value chain | §29(a) | Supplier EUDR status as proxy for Scope 3 land-use change emissions |
Why This Matters for CTH
Colombian and Peruvian coffee exporters supplying Brazilian and Mexican listed companies must provide IFRS S2-compatible climate data to their buyers. The framework enables exporters to generate investor-grade climate disclosures from the same field data used for EUDR compliance.
Colombian and Peruvian coffee exporters supplying Brazilian and Mexican listed companies must provide IFRS S2-compatible climate data to their buyers. The framework enables exporters to generate investor-grade climate disclosures from the same field data used for EUDR compliance.