CNBV Strengthens Regulatory Framework on Sustainability in Line with International Standards

Mexico City, June 13, 2025. Press Release No.: 012 CNBV Strengthens Regulatory Framework on Sustainability in Line with International Standards

• Mexico was recognized by the International Financial Reporting Standards Foundation (IFRS Foundation) as a jurisdiction that has adopted the Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). • The CNBV collaborated with the IFRS Foundation in the development and validation of Mexico's jurisdictional profile. • This profile was published on the IFRS Foundation website alongside those of other states.

The National Banking and Securities Commission (CNBV), in its capacity as the regulatory authority of the Mexican Financial System, and in compliance with its mandate to supervise and regulate financial entities to preserve their stability and proper functioning, reaffirms its commitment to transparency and sustainability.

In this context, in January 2025, the CNBV published in the Official Gazette of the Federation modifications to the General Provisions applicable to securities issuers and other participants in the securities market. This action is part of institutional efforts to promote the progressive incorporation of environmental, social, and governance (ESG) criteria into the national regulatory framework, in line with international standards.

The objective of this regulation is to strengthen the quality, comparability, and utility of the information disclosed by issuers, so that investors and other users of financial information have sufficient elements to make informed decisions.

As a result of these advances, Mexico was recognized by the International Financial Reporting Standards Foundation (IFRS Foundation) as a jurisdiction that has adopted the Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB). The CNBV has actively collaborated with the IFRS Foundation in the development and validation of Mexico's jurisdictional profile regarding said adoption.

This profile was published on the IFRS Foundation website as part of a set of jurisdictional profiles globally, whose objective is to recognize countries that have developed regulatory advancements based on a common framework for sustainability disclosures.

Mexico's jurisdictional profile details the regulatory approach adopted for the disclosure of information related to sustainability, as well as the scope of implementation of the ISSB Standards and other relevant aspects.

The CNBV will continue to collaborate in a coordinated manner with the IFRS Foundation and other international organizations, with the purpose of strengthening confidence in financial markets, facilitating access to sustainable financing, and supporting the transition toward a more sustainable economy.

To learn more about the ISSB Standards and the jurisdictional profiles published by the IFRS Foundation, you can consult the following link: https://www.ifrs.org/ifrs-sustainability-disclosure-standards-around-the-world/use-by-jurisdiction/