Sustainable Information Standards (NIS) in Mexico: What Are They and How Can SUMAC Help You?

In a global context where corporate sustainability is an increasing demand, Mexico has taken a key step toward transparency with the creation of its own Sustainable Information Standards (NIS). These standards establish a solid foundation for companies to report on their environmental, social, and governance performance. Here, SUMAC explains what they are, how they apply, and how we can help you prepare to comply with them strategically and efficiently.

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What Are Mexico’s NIS?

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They are a set of guidelines created by the Mexican Council for Financial and Sustainability Information Standards (CINIF). Their objective is for companies to report their ESG performance in a structured, comparable, and reliable manner. These standards are based on international frameworks, particularly IFRS S1 and S2 from the IFRS Foundation, and their implementation will be divided into two main phases:

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First phase: Conceptual Framework and Basic Sustainability Indicators (IBSO)

• NIS A-1: Establishes general principles for the preparation of sustainability information, aligned with IFRS S1.
• NIS B-1: Defines 30 basic indicators (21 quantitative and 9 qualitative) in environmental, social, and governance dimensions that companies must disclose.

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Second phase: Specific Standards

• NIS C-1: Will address specific topics, starting with climate change. New guidelines will be incorporated based on the most relevant risks and opportunities for each sector.

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Who Do the NIS Apply To?

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The Sustainable Information Standards (NIS) are directed at private companies that prepare financial statements according to Financial Information Standards (NIF). Although their adoption is not yet mandatory for all, early application is recommended as a competitive advantage vis-à-vis investors, clients, and regulators.

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Why Adopt the NIS Early?

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• Competitive advantage: Financial institutions increasingly require ESG performance information. Early NIS compliance positions companies better with investors and funding sources.
• Risk management: Early implementation avoids future non-compliance and prepares against new regulatory or client requirements.
• Access to new markets: Companies advancing in sustainability are better positioned to meet large buyer requirements and expand into higher-standard markets.
• Efficiency and cost savings: Integrating the 30 IBSO indicators identifies relevant ESG impacts, optimizes processes, and generates operational improvements and savings.
• Reputation and trust: Consumers increasingly value companies’ impact on their environment. Disclosing these indicators builds trust among stakeholders and strengthens brand image.

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How Can SUMAC Help You?

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At SUMAC, we specialize in supporting organizations in their sustainability and ESG compliance strategies. Our multidisciplinary team can assist you at every stage:

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• Sustainability diagnosis: Assessment of current situation and IBSO indicator compliance level.
• Strategy and sustainability plan: Definition of a roadmap tailored to your operation.
• Plan implementation: Support in complying with the 30 basic indicators and development of specific services such as: carbon footprint measurement, ecosystem services studies, Zero Waste strategies, and diversity, equity and inclusion programs.

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Prepare Today for the Future

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Adopting Mexico’s Sustainability Information Standards represents an opportunity to position your company as a leading, responsible, and committed business. At SUMAC, we provide the tools and knowledge to successfully navigate this transformation. Ready to take the first step? Contact us and we’ll help you implement the NIS efficiently and effectively.