# ISSB IFRS S2 — Climate Disclosures

## ISSB IFRS S2 — Climate-Related Disclosures

<span id="bkmrk-brazil-cvm%3A-jan-1-20" style="background:#c0392b;color:#fff;padding:3px 10px;border-radius:12px;font-size:0.78em;font-weight:600">Brazil CVM: Jan 1 2026</span> <span id="bkmrk-mexico-cnbv%3A-fy2025" style="background:#c0392b;color:#fff;padding:3px 10px;border-radius:12px;font-size:0.78em;font-weight:600">Mexico CNBV: FY2025</span>IFRS 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

<table id="bkmrk-ifrs-s2-requirementp" style="width:100%;border-collapse:collapse;margin:16px 0"><thead><tr><th style="background:#1a7f64;color:#fff;padding:10px 14px;text-align:left">IFRS S2 Requirement</th><th style="background:#1a7f64;color:#fff;padding:10px 14px;text-align:left">Paragraph</th><th style="background:#1a7f64;color:#fff;padding:10px 14px;text-align:left">Framework Component</th></tr></thead><tbody><tr style="background:#f9fbfa"><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Physical climate risks</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">§9</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Satellite climate data overlay on farm parcels → risk scoring per asset</td></tr><tr style="background:#fff"><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Transition risks</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">§10</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Regulatory status tracker — EUDR compliance rate for supply chain</td></tr><tr style="background:#f9fbfa"><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">GHG metrics</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">§29</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">IoT + satellite emission estimates → verified by Accredited Validator</td></tr><tr style="background:#fff"><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Climate scenario analysis</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">§22</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Not in framework scope — requires financial modelling layer</td></tr><tr style="background:#f9fbfa"><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Scope 3 value chain</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">§29(a)</td><td style="padding:9px 14px;border-bottom:1px solid #e8ede9">Supplier EUDR status as proxy for Scope 3 land-use change emissions</td></tr></tbody></table>

<div id="bkmrk-why-this-matters-for" style="border-left:4px solid #1a7f64;padding:14px 18px;margin:12px 0;
background:#f9fbfa;border-radius:0 8px 8px 0">**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.</div>