NOTICES
WHAT YOU NEED TO KNOW ABOUT SUSTAINABILITY OBLIGATIONS
Following global trends and new regulatory frameworks, Mexico has begun standardizing how companies report their sustainability actions. Below is a summary of the most relevant changes that will affect companies in the coming years.
Sustainability Reporting Standards (NIS)
The Mexican Financial Reporting Standards Board (CINIF) has introduced the first Sustainability Reporting Standards (NIS) aimed at unifying the way companies report their performance on environmental, social, and governance (ESG) issues.
These standards represent an important step toward greater transparency and accountability in managing non-financial information. To date, the following have been published:
NIS A-1: Conceptual Framework of the Sustainability Reporting Standards.
NIS B-1: Basic Sustainability Indicators.
Additionally, due to recent regulatory changes, starting in 2026, companies listed on the Mexican Stock Exchange will be required to submit an annual sustainability report, separate from their financial statements, aligned with IFRS S1 and S2 standards issued by the International Sustainability Standards Board (ISSB):
- Fiscal year 2025 (to be reported in 2026): The sustainability report will not require external assurance.
- Fiscal year 2026: A limited external review by an auditor will be mandatory.
- Fiscal year 2027 and onward: Reasonable assurance will be required.
These measures aim to increase investor confidence, improve risk management within companies, and ensure Mexico aligns with international sustainability standards.
Financial Reporting Standards (NIF)
The Financial Reporting Standards (NIF), also issued by CINIF, are mandatory to comply with fiscal and accounting regulations in Mexico. These standards establish how financial statements must be prepared and presented for all companies.
The NIF are divided into five main series:
- Series A – Conceptual: Principles and foundations guiding the preparation of financial statements.
- Series B – Presentation and Disclosure: Defines how financial reports should be structured and presented.
- Series C – Measurement: Criteria for measuring assets, liabilities, income, and expenses.
- Series D – Operations: Regulates specific accounting operations.
- Series E – Information for Business Groups
These changes represent a significant transformation in how companies must report their performance—not only financially but also in sustainability matters. To meet these new obligations, coordinated efforts will be necessary among legal, accounting, sustainability, and compliance departments.
NOTICE “SILLA LAW”
Dear Clients and Friends,
On July 17 of this year, the “Provisions on Work Risk Factors to Guarantee the Right to Rest During the Workday of Employees Working in Standing Positions in the Service, Commerce, Similar Work Centers, and Industrial Establishments Sectors” (hereinafter, “the provisions”) were published in the Official Federal Gazette, as part of the implementation of the so-called “Silla Law.” Regarding its content and scope, we consider the following points important:
Where does it apply?
In workplaces such as stores, offices, service centers, and similar locations, as well as factories or industrial settings, when the type of work allows it, provided employees perform their activities standing.
Employer Responsibilities:
- The employer must assess the level of risk associated with each standing employee’s work (low, medium, or high) to determine the type of seat or chair to provide.
- Through the Safety and Hygiene Committee, the risks to which standing workers are exposed must be analyzed to decide which preventive measures should be implemented.
- Workers who perform their duties standing must be informed about the detected risks and the preventive measures implemented in the workplace.
- Since the provisions do not specify the number or duration of rest breaks, the employer must design a plan to organize and allocate appropriate rest periods for employees who work standing throughout their shift.
- The employer must make the necessary adjustments, both in organization and workspace, to ensure that employees working standing can work safely and without risks.
- The employer must update internal regulations and policies to include what is established by theedrssu Silla Law and how it should be applied.
Although the rules of the Silla Law are already in effect, the exact scope of the right to rest it intends to protect remains to be clarified. For now, it is the employer’s responsibility to organize and implement the necessary measures to ensure this right is fulfilled in accordance with labor laws.
We remain at your disposal for any comments or questions regarding this matter.
