BCB Resolution No. 139 — Provisions on the Disclosure of the Social, Environmental and Climate Risks and Opportunities Report (GRSAC Report)

Resolução Nº 222

RESOLUÇÃO BCB Nº 139, DE 15 DE
SETEMBRO DE 2021

Dispõe sobre a divulgação do Relatório de Riscos e Oportunidades Sociais, Ambientais e Climáticas (Relatório GRSAC).

A Diretoria Colegiada do
Banco Central do Brasil, em sessão realizada em 24 de agosto de 2021, com base no disposto nos arts. 9º, 10, inciso IX, e art. 11, inciso VII, da Lei nº 4.595, de 31 de dezembro de 1964, no art. 9º, inciso II, e art. 15 da Lei nº 12.865, de 9 de outubro de 2013, e tendo em vista o disposto no art. 56 da Resolução nº 4.557, de 23 de fevereiro de 2017, e no art. 63 da Resolução BCB nº 265, de 25 de novembro de 2022, (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

R E S O L V E :

CAPÍTULO I
DO OBJETO E DO ESCOPO DE APLICAÇÃO

Art. 1º This Resolution provides for the disclosure of the Social, Environmental and Climate Risks and Opportunities Report (GRSAC Report).

Art. 2º Institutions classified in Segment 1 – S1, Segment 2 – S2, Segment 3 – S3 and Segment 4 – S4, in accordance with Resolution No. 4.553, of January 30, 2017, or in accordance with Resolution BCB No. 436, of November 28, 2024, must disclose the GRSAC Report. (Redação dada, a partir de 1º/1/2025, pela Resolução BCB nº 447, de 19/12/2024.)

§ 1º The GRSAC Report must be prepared on a consolidated basis for institutions belonging to the same prudential conglomerate, as established in the regulation that provides for the preparation of consolidated accounting documents. (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

§ 2º It is optional for a credit cooperative system, regardless of the classification segment of the institutions comprising it, to disclose a unified GRSAC Report, provided that:

I - the risk management structure and the capital management structure are centralized, in accordance with art. 4 of Resolution No. 4.557, of February 23, 2017; and

II - the duties and responsibilities of the governance bodies for the management of social risk, environmental risk and climate risk are identical for all members of the cooperative system.

§ 3º The GRSAC Report mentioned in § 2 must be disclosed by the confederation of central entities or by the cooperative bank, or, in the absence thereof, by a central cooperative member of the respective credit cooperative system.

CAPÍTULO II
DA DIVULGAÇÃO DAS INFORMAÇÕES

Art. 3º The GRSAC Report must contain information regarding the following topics associated with social risk, environmental risk and climate risk: (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

I - governance of the management of the risks mentioned in the caput, including the duties and responsibilities of the institution's bodies involved with the management of social risk, environmental risk and climate risk, such as the board of directors, when it exists, and the institution's executive board;

II - actual and potential impacts, when considered relevant, of the risks mentioned in the caput on the strategies adopted by the institution in its business and in risk and capital management over short, medium and long-term horizons, considering different scenarios, according to documented criteria; and

III - processes for managing the risks mentioned in the caput.

Art. 4º Disclosure of the following information in the GRSAC Report is optional:

I - quantitative indicators used in the management of the risks referred to in art. 3; and

II - business opportunities associated with the themes:

a) social, considering respect, protection and promotion of fundamental rights and guarantees and common interests, as defined in the risk management resolution; (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

b) environmental, considering the preservation and remediation of the environment, including its recovery, when possible; and

c) climate, considering:

1. the transition to a
   low-carbon economy, in which greenhouse gas emissions are reduced or compensated, and natural mechanisms for capturing these gases are preserved; and

2. the reduction of
   impacts caused by frequent and severe weather events or by long-term environmental changes, which may be associated with changes in climate patterns.

Art. 5º The information referred to in art. 3 must be disclosed in the form of the following tables:

I - GVR Table:
Governance of the management of social risk, environmental risk and climate risk, relating to the topic mentioned in art. 3, item I;

II - EST Table:
Strategies used in the treatment of social risk, environmental risk and climate risk, relating to the topic mentioned in art. 3, item II; and

III - GER Table:
Processes for managing social risk, environmental risk and climate risk, relating to the topic mentioned in art. 3, item III.

Art. 6º The information referred to in art. 4 must be disclosed according to the following tables:

I - MEM Table:
Indicators used in the management of social risk, environmental risk and climate risk, mentioned in art. 4, item I; and

II - OPO Table:
Business opportunities associated with social, environmental and climate themes, mentioned in art. 4, item II.

Art. 7º The layouts of the tables mentioned in arts. 5 and 6 will be established by the Central Bank of Brazil.

§ 1º Provided that there is no change in the order of presentation in the tables established by the Central Bank of Brazil, the following are admitted:

I - the addition of lines, with a view to greater granularity of information; and

II - the suppression, properly justified, of lines whose information is not considered relevant.

§ 2º The tables must be disclosed with their respective headers.

§ 3º The relevance criteria used in the event of non-disclosure of required information must be documented, as established in the information disclosure policy. (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

§ 4º In exceptional cases where the disclosure of information required in the GRSAC Report would violate confidentiality or intellectual property clauses, the corresponding specific item may not be disclosed, provided it is justified in an additional comment to the respective table.

CAPÍTULO III
DA SEGMENTAÇÃO DA DIVULGAÇÃO

Art. 8º Institutions classified in S1 and S2 must publish all tables mentioned in art. 5.

Art. 9º Institutions classified in S3 and S4 must disclose the table mentioned in art. 5, item I.

CAPÍTULO IV
DA PERIODICIDADE DE DIVULGAÇÃO

Art. 10. The GRSAC
Report must be disclosed annually, relative to the reporting base date of December 31, observing the maximum deadline of ninety days after the said reporting base date.

CAPÍTULO V
DAS DISPOSIÇÕES FINAIS

Art. 11. The GRSAC
Report must be available on the institution's website for a period of five years counted from the date of its disclosure, in a single location, publicly accessible and easily located.

Sole paragraph. The information required in the GRSAC Report must also be available in the form of open data, according to specifications established by the Central Bank of Brazil.

Art. 12. The disclosure of the GRSAC Report is the responsibility of the director responsible for the disclosure of information, indicated in accordance with the regulation that provides for the risk management structure, the capital management structure and the information disclosure policy. (Redação dada, a partir de 1º/7/2023, pela Resolução BCB nº 306, de 23/3/2023.)

Art. 13. The GRSAC
Report must be immediately updated and re-disclosed in the event that inconsistencies are identified in the respective information.

Sole paragraph. The occurrence of an update in the manner of the caput must be explicitly stated in the new version disclosed on the institution's website, remaining available for a period of five years counted from the date of its republication.

Art. 14. A maximum deadline for the disclosure of the GRSAC report is admitted:

I - of one hundred and eighty days relative to the December 2022 reporting base date; and

II - of one hundred and twenty days relative to the December 2023 reporting base date.

Art.
15. (Revogado
pela Resolução BCB nº 586, de 3/9/2026.)

Art.
16. This Resolution enters into force on December 1, 2022.

Otávio Ribeiro Damaso
Diretor de Regulação