IFRS S1 for Media & Entertainment in Mexico: 2026 Guide
IFRS S1 establishes general requirements for BMV and BIVA-listed issuers to disclose material information about sustainability-related risks and opportunities in their annual reports. CNBV made it mandatory starting January 2025, with the first report covering FY2025 data due in 2026. IFRS S1 acts as the umbrella standard that complements IFRS S2 on climate-specific matters.
Televisa and TV Azteca are BMV issuers with binational operations (USA/Mexico) where Mexican IFRS S2 regulation coexists with SEC climate disclosure requirements — forcing them to align emissions methodologies between CNBV and SEC simultaneously, with different geographic perimeters and accounting consolidation.
Why IFRS S1 Applies Differently in Media & Entertainment
CFO and Sustainability Director of BMV-listed media groups
Distributed transmission infrastructure (towers, repeaters, satellite transponders) — >200 transmission sites in Mexico with low individual energy consumption but no aggregate consumption telemetry for Scope 1+2
OTT content data centers (streaming) — energy consumption in own data centers vs. cloud (AWS/Azure) where emissions allocation per subscriber/streaming hour has no standard IFRS S2 methodology
Audiovisual production — energy consumption on sets, cranes, diesel generators at external locations, which varies enormously by production and is not recorded in ERP
E-waste from broadcast equipment (cameras, playout servers, encoders) — technology refresh accelerated by 4K/8K generates high-value electronic waste without a formal take-back program
Critical IFRS S1 KPIs for Media & Entertainment
| Required KPI | Data Source | Difficulty |
|---|---|---|
| PUE of own data centers (ratio, target <1.5) | Purchased electricity (Scope 2) | High 🔴 |
| GHG per hour of content produced (kgCO2e/hour produced) | Electricity bills (Scope 2) | High 🔴 |
| Percentage of renewable energy in own infrastructure (%) | Cat 11 - Consumo energético de audiencias (TV en hogares) | High 🔴 |
| Electronic waste recycled or repurposed per year (tonnes) | HR / payroll system | Medium 🟡 |
| Emissions intensity per active OTT subscriber (kgCO2e/subscriber/year) | ERP / accounting system | Medium 🟡 |
Hard-to-Collect Data in Media & Entertainment
Electricity consumption of analog/digital transmission towers scattered across the country (many without smart meters, only bimonthly estimated CFE bill)
PUE (Power Usage Effectiveness) efficiency of own data centers vs. emissions allocation from shared cloud data centers
Broadcast electronic waste inventory by type and retirement year (requires integration with fixed assets registered in accounting system)
That is why manual Excel-based processes will not pass the 2027 assurance. Without automated traceability, an external auditor cannot verify the completeness or accuracy of emissions data.
Checklist: 8 Steps to Comply with IFRS S1 in Media & Entertainment
- 1
Identification and disclosure of all sustainability-related risks and opportunities material to the enterprise
- 2
Description of board and management oversight of sustainability risks
- 3
Scenario analysis to assess strategy resilience under different sustainability futures
- 4
Description of processes for identifying, assessing, and managing sustainability risks integrated into corporate governance
- 5
Disclosure of metrics and targets used to manage and monitor material risks and opportunities
- 6
Connect data sources (ERP, meters, suppliers) to a centralized platform
- 7
Review with internal audit team and adjust consolidation perimeter
- 8
Generate report in CNBV/CINIF format ready for external assurance
How Climatta Automates IFRS S1 for Media & Entertainment
Automated Collection
Eliminate spreadsheets in Media & Entertainment. Climatta connects your systems and automatically collects PUE of own data centers and other critical KPIs.
Auditor-Grade Traceability
Every data point has source, date, and owner documented. The 2027 assurance auditor can trace every figure to its origin in your systems.
IFRS S1 Report Ready
Generates the report in the exact CNBV format — tables, metrics, and narrative. No last-minute manual reformatting.
Onboarding in 4 Weeks
Climatta connects to Media & Entertainment systems in 4 weeks. No months-long IT project or external implementation consultant.
FAQ: IFRS S1 in Media & Entertainment
Ready to comply with IFRS S1 in Media & Entertainment?
Climatta centralizes all data collection, generates the report in regulatory format, and leaves it ready for 2027 external assurance. No spreadsheets.