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Recent Articles: To Unlock ESG Value, Look to Compliance and Beyond

Recent Articles: To Unlock ESG Value, Look to Compliance and Beyond
October 22, 2020

Advocates of improved environmental, social, and governance (ESG) disclosures have long sought the end of silos, where interest in sustainability issues can extend beyond the company’s sustainability office to the financial reporting group. That has increasingly happened in the past year or two, as various commentators have noted. But perhaps lost in the shuffle has […]

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Verizon: Sending a Strong ESG Signal to Investors

Verizon: Sending a Strong ESG Signal to Investors
October 20, 2020

We recently caught up with Beth Sasfai, Senior Vice President, Corporate Governance & Chief ESG Officer at Verizon, one of the world’s largest communications technology companies. Verizon began using SASB Standards in its 2019 ESG Report and Sasfai shares key takeaways from the implementation experience. Tell us about Verizon’s sustainability reporting efforts and where they […]

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J.B. Hunt Becomes First SASB Reporter in Road Transportation

J.B. Hunt Becomes First SASB Reporter in Road Transportation
October 13, 2020

J.B. Hunt Transport Services (NASDAQ: JBHT) is a $15 billion market cap transportation and logistics company headquartered in Arkansas. For the firm and its shareholders, reducing emissions and mitigating climate risk are key issues. As BlackRock detailed in an April voting bulletin, it supported J.B. Hunt’s management considering “the company has markedly improved its disclosures […]

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CFA Institute Calls for Action on Climate Change

CFA Institute Calls for Action on Climate Change
October 5, 2020

The following guest blog was written by Matt Orsagh, CFA CIPM, Director of Capital Markets Policy at the CFA Institute. Even in the midst of the COVID-19 pandemic, it is instructive to recognize that climate change likely will be the most impactful economic issue of this century. Most investors and financial professionals, however, are still […]

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SASB and GRI Launch Survey to Gather Feedback From Reporters

SASB and GRI Launch Survey to Gather Feedback From Reporters
October 1, 2020

Following the launch of a collaborative workplan between Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB), the standard-setters are working together to develop materials that show how the two sets of reporting standards can be used together. This project, which was announced in July, seeks to bring greater clarity to the sustainability […]

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As Markets Move Toward Structured Non-Financial Reporting, SASB Engages PwC’s XBRL Practice to Support Build of XBRL Taxonomy

As Markets Move Toward Structured Non-Financial Reporting, SASB Engages PwC’s XBRL Practice to Support Build of XBRL Taxonomy
October 1, 2020

At SASB, we are always watching for innovations that streamline the flow of non-financial information between companies and investors. Companies increasingly turn to digital tools and processes to simplify both reporting and use of corporate performance data. The use of structured data and eXtensible Business Reporting Language (XBRL) is one of the most promising advancements, […]

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Open Letter to Erik Thedéen, Director General of Finansinspektionen, Sweden, Chair of the Sustainable Finance Task Force of the International Organization of Securities Commissions (IOSCO)

Open Letter to Erik Thedéen, Director General of Finansinspektionen, Sweden, Chair of the Sustainable Finance Task Force of the International Organization of Securities Commissions (IOSCO)
September 30, 2020

CDP, the Climate Disclosure Standards Board (CDSB), the Global Reporting Initiative (GRI), the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have written an open letter to Erik Thedéen, Director General of Finansinspektionen, Sweden, and Chair of the Sustainable Finance Task Force of the International Organization of Securities Commissions (IOSCO). The […]

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Cenovus Energy: Bold Targets and Continuous Improvement

Cenovus Energy: Bold Targets and Continuous Improvement
September 29, 2020

We recently caught up with Rhona DelFrari, Vice President, Sustainability & Engagement, at Cenovus Energy, an integrated oil and gas producer based in Calgary, Alberta. Cenovus recently released its annual ESG report, which is aligned with SASB Standards and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). DelFrari shares key takeaways from […]

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CEOs Back Convergence of Corporate Reporting

CEOs Back Convergence of Corporate Reporting
September 29, 2020

At the Sustainability Accounting Standards Board (SASB), we have long worked to illuminate the important interconnections between sustainability issues and business outcomes. We’re pleased to be joined in that effort by approximately 120 chief executive officers from many of the world’s largest and most influential companies. At the World Economic Forum’s (WEF) Sustainable Development Impact […]

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Exploring Diversity & Inclusion in the SASB Standards

Exploring Diversity & Inclusion in the SASB Standards
September 28, 2020

An interview with Kelli Okuji Wilson. Kelli Okuji Wilson is an Analyst and the Health Care Sector Lead at SASB, and is leading the Human Capital project.   How does SASB currently address the issues of diversity and inclusion? SASB Standards address five sustainability dimensions, one of which is human capital. Within the human capital […]

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