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BCB sustainability & climate rules

BCB Resolutions 4,557/2017, 4,945/2021, 139/2021 + CBPS taxonomy

In forceApplies 2021-09-15Verified 2026-08-22

Scope

Brazilian banks and financial institutions (by prudential segment)

Penalties

BCB prudential supervision

Last verified

2026-08-22

In plain language

What this law does

Central-bank rules embedding social, environmental and Dictionary termClimate riskThe potential for adverse consequences arising from the interaction of climate-related hazards, exposure, vulnerability and responses to climate change.Read the full definition into bank risk management, with Dictionary termTCFD-aligned disclosureby S1/S2 banks; **GRSAC report** (Report on Social, Environmental and Climate Risks and Opportunities) — governance, risk management, strategy pillars.Read the full definition and the CBPS sustainable taxonomy for classifying green activities.

Formal requirements

What the law requires

Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.

Required documents

  1. Technical Pronouncements CBPS 01 (Dictionary termIFRS S1IFRS S1 is a sustainability-related financial disclosure standard focused on general requirements for reporting sustainability-related risks and opportunities.Read the full definition -equivalent) and CBPS 02 (Dictionary termIFRS S2IFRS S2 is a sustainability-related financial disclosure standard focused on climate-related risks and opportunities.Read the full definition -equivalent), issued by CBPS, endorsed by CVM (Res. 193/2023)

    CBPS 01/2023 + 02/2023 (Brazilian ISSB adoption) — BCB/CMN climate rules (Resolution BCB No. 139/2021 · instrument-level citation

Dictionary

Key terms for this law

Terms with a retained, published connection to this legal source.