Mexico · rule
Amendment to Circular Única de Emisoras (Art. 82 Bis; DOF 28 Jan / Mar 2025)
Scope
All securities issuers (~86% of Dictionary termEquityThe fair distribution of rights, resources, opportunities, risks and benefits, taking account of unequal starting conditions while preserving equal dignity and entitlement.Read the full definition market cap); financial institutions exempt
Penalties
CNBV reporting enforcement
Last verified
2026-08-22
In plain language
Mandatory ISSB-aligned (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 /S2) annual Dictionary termSustainability reportingreporting per ESRS in a dedicated section of the management report (Art. 19a/29a)Read the full definition with Dictionary termGHG ProtocolThe global standard framework for measuring and reporting greenhouse gas emissions, created by WRI and WBCSD, whose Scope 1, 2, and 3 structure underpins virtually all corporate carbon accounting.Read the full definition explicitly mandated — the first North American jurisdiction to mandate IFRS S1/S2, phasing from Scope 1/2 to Scope 3 and from limited to reasonable assurance.
Formal requirements
Reviewed provisions grouped by practical purpose. Use the official text for the full legal context.
All issuers with securities registered in the RNV (Registro Nacional de Valores)
CNBV Sustainability Provisions — amendment to Circular Única de Emisoras (Art. 82 Bis, DOF Mar 2025)annual Dictionary termSustainability ReportThe periodic public account of an organisation's sustainability performance — from voluntary brochure to regulated disclosure document.Read the full definition as annex to the annual report, covering: Dictionary termCorporate governanceCorporate governance is the system of rules, roles, processes and relationships through which a company is directed, controlled and held accountable.Read the full definition on sustainability (governing body responsibilities); Dictionary termSustainability strategyA sustainability strategy is an organisation's plan for setting priorities, allocating resources and managing environmental, social and governance outcomes.Read the full definition ; materiality analysis (identification of material ESG factors); metrics and goals incl. GHG emissions Scopes 1, 2 and 3; climate risks (physical and transition); and use of recognised frameworks.
CNBV Sustainability Provisions — Art. 82 BisGHG disclosure timetable — Scope 1+2 from FY2026 reports (2025 data); Scope 3 from 2027 (FY2026 data).
CNBV Sustainability Provisions · instrument-level citationDictionary termLimited assuranceLimited assurance is an assurance engagement that provides a lower level of confidence than reasonable assurance, usually expressed in a negative form of conclusion.Read the full definition from 2027
CNBV Sustainability Provisions — amendment to Circular Única de Emisoras (Art. 82 Bis, DOF Mar 2025)Dictionary termReasonable assuranceReasonable assurance is an assurance engagement intended to provide a high, though not absolute, level of confidence over the subject matter assessed.Read the full definition from 2028 on GHG figures
CNBV Sustainability Provisions — amendment to Circular Única de Emisoras (Art. 82 Bis, DOF Mar 2025)Mandatory Dictionary termBaselineA documented reference condition, value or scenario against which change is assessed, defined for a specific indicator, population, boundary and point or period in time.Read the full definition standard — 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 /S2 (via NIS adoption route below).
CNBV Sustainability Provisions · instrument-level citation