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 […]
Read moreWe 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 […]
Read moreJ.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 […]
Read moreThe 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 […]
Read moreFollowing 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 […]
Read moreAt 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, […]
Read moreCDP, 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 […]
Read moreWe 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 […]
Read moreAt 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 […]
Read moreAn 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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