Among the many paths to progress, capital markets can be a powerful lever of systemic change. We were reminded of this today with the publication of BlackRock CEO Larry Fink’s annual letter to shareholders. BlackRock has been a leading force in the global investor push for improved ESG disclosure. In today’s letter to CEOs, Mr. […]
Read moreAs someone who started my career as a technical accountant and today leads a global sustainability accounting organization, I have been immersed in the world of financial reporting longer than I care to admit. In my view, the IFRS Foundation’s Consultation Paper on Sustainability Reporting is the most significant development in accounting standard-setting since the […]
Read moreIn 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 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 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 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 moreSASB standards are shaped in large part by the invaluable input we receive from companies, investors, and other key market participants. The feedback loops built into our due process ensure the standards are cost-effective for companies to implement and the information they yield is decision-useful for investors. In addition to these benefits, our ongoing engagement […]
Read moreAn interview with Curtis Ravenel Global Head, Sustainable Business and Finance, Bloomberg LP SASB Foundation Board Member Q: Bloomberg LP has been integrating sustainability into its products, services and operations for a long time, as a provider of Environmental, Social, and Governance (ESG) data on its Terminal, through its own corporate reporting as a private […]
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