In July 2020, Bank of America published its first Sustainability Accounting Standards Board (SASB) report. In this Q&A with Neil Stewart, SASB’s Director of Corporate Outreach, Rudi Bless, Bank of America’s Chief Accounting Officer and a member of the SASB Foundation Board of Directors, shares the company’s strong focus on environmental, social, and governance (ESG) […]
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 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 moreThe following guest blog was written by Mikkel Skougaard, who is Group ESG Reporting Senior Expert at MOL Group. He recently shared these and other insights in SASB 201: Getting Prepared: Materiality, Gap Analysis & Benchmarking, the second session in SASB’s four-part Implementation Webinar Series. Until 2019, MOL Group did what many companies do: We […]
Read moreAt SASB, we frequently hear misconceptions about our standards, including misconceptions about who uses them and how to use them. Many of these “SASB myths” arise in conversations that members of our Investor Advisory Group (IAG) have with companies who are considering using SASB standards. We are hoping to clear up market confusion by dispelling […]
Read moreThe following guest blog was written by Kuni Chen, CFA. He is an ESG Consultant and former head of climate change impact investments at The Nature Conservancy. Mr. Chen is an FSA Credential holder and helps lead the NYC – SASB FSA Credential Group. Sustainability reporting is ubiquitous among large companies, with about 90 percent […]
Read moreTwo weeks ago, 1,306 people from 53 countries attended part one of our new Implementation Webinar Series. I got to share the screen with SASB Foundation CEO Janine Guillot and BlackRock Managing Director Michelle Edkins to give an overview and roadmap for companies looking to join the hundreds of others already using SASB standards to […]
Read moreClick here to explore SASB’s updated Implementation Primer. Whether it’s in the board room, the C-suite, or in the capital markets that help fuel economic growth and sustainable development, useful information is the bedrock upon which effective decision-making rests. At SASB, we aim to provide sustainability disclosure standards that ultimately improve the information available to […]
Read moreSASB standards have been downloaded over 100,000 times since they were approved in November 2018, one of many indications that companies are looking at the standards with fresh eyes and considering next steps. Even in the best of circumstances, adjusting to a new reporting framework can cause growing pains. It’s like a software update […]
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