This resolution sets out the publication of the Social, Environmental, and Climate Risks and Opportunities (GRSAC) report, and enforces the recommendations of the Task Force on Climate-Related Financial Disclosures (TDCF) to financial institutions.
This resolution is part of a series of resolutions by the Bank of Brazil and the National Monetary Council (CMN), created in August 2021 and approved in September 2021, that aim to upgrade Environmental, Social, and Governance (ESG) regulations for financial institutions.