Brazil Scraps World-First Rule Forcing Firms to Report Climate Risk

BRAZIL · FINANCE Key Facts —The move: Brazil’s securities regulator scrapped the rule that would have forced listed companies to publish sustainability and climate reports. —The instrument: Resolution 244, published May 29, amends the 2023 rule (Resolution 193) that had made the disclosures compulsory from 2026. —What replaces it: A voluntary “comply or explain” model […] The post Brazil Scraps World-First Rule Forcing Firms to Report Climate Risk appeared first on The Rio Times .