Chile

Securities issuers started gradual adoption of General Rule No. 461; the largest companies in terms of assets started the submission of Integrated Annual Reports according to this rule.

The Ministry of Finance issued the structure of the Classification System or Taxonomy of Environmentally Sustainable Activities for Chile

ABIF joins SBFN

The CMF issues the Guide for the Implementation and Supervision of Section 8.2 of General Rule No. 461

The Taxonomy Roadmap for Chile is launched by the Climate Bonds Initiative (CBI) in association with the Ministry of Finance of Chile, the Inter-American Development Bank and the Green Finance Public-Private Roundtable (La Mesa).

The CMF issues General Rule No. 461, incorporating sustainability and corporate governance requirements in Annual Reports

The Chilean Pensions Superintendence issues General Rule No. 276, establishing the obligation for Chilean Pension Fund Administrators (AFPs) to include in their annual reports how climate risks and ESG factors have been considered in the AFP’s investment decisions and risk analysis of the long-term sustainability of the securities and markets in which they invest

The CMF issues its Strategy for Addressing Climate Change in Financial Markets

Financial sector stakeholders sign the Green Agreement (Acuerdo Verde). The agreement is a voluntary pact between the financial sector, the government and regulators which sets out general principles in relation to managing the risks and opportunities associated with climate change in the signatories’ decisionmaking, and lays out a commitment to concrete actions in this area. The agreement seeks to contribute to financial stability and to help to meet the country’s commitments on climate issues.

CMF joins SBFN