Standards Board

The Sustainability Accounting Standards Board is an independent standards board that is accountable for the due process, outcomes, and ratification of the SASB standards, including any changes to the standards. Members of the Standards Board are appointed by the SASB Foundation Board of Directors.

The SASB operates in a sector committee structure, which assigns a minimum of 3 board members to each sector for reviews, discussion, and liaising with staff.

Overview of Sector Chairs and Committees

Calendar of Upcoming Public Meetings

Sign up for the Quarterly Chair Report

For more information about the role of the SASB, please read the SASB Rules of Procedure.

Standards Board Members

Jeffrey Hales, PhD
Charles T. Zlatkovich Centennial Professor of Accounting, University of Texas at Austin
Chair of the SASB Standards Board
Sector Chair for Financials and Renewable Resources & Alternative Energy


Jeffrey Hales teaches at the University of Texas at Austin, where he is the Charles T. Zlatkovich Centennial Professor of Accounting. He is a graduate of the accounting program at Brigham Young University and received his Ph.D. from Cornell University.

His research interests center on accounting standard setting and regulation, individual decision making, and behavioral finance, using techniques from applied game theory, experimental economics, and psychology. His research has appeared in The Accounting ReviewJournal of Accounting ResearchJournal of Accounting and EconomicsReview of Accounting Studies, and the Journal of Financial Economics, among other journals. He currently serves as an editor for Accounting Horizons and Contemporary Accounting Research. He also currently serves on the editorial boards of The Accounting Review and Accounting Organizations and Society. At Georgia Tech, he teaches financial accounting and Ph.D. seminars on behavioral accounting and finance, policy-oriented research in accounting, and the psychology of judgment and decision making.

During the 2009-10 academic year, Dr. Hales was a Research Fellow at the Financial Accounting Standards Board (FASB) in Norwalk, CT. In addition, he currently serves as a member of the FASB’s Financial Accounting Standards Advisory Council (FASAC) and previously chaired the Standards Council for the Sustainability Accounting Standards Board (SASB).

Verity Chegar
Director, BlackRock Sustainable Investing
Co-Vice Chair of the SASB Standards Board
Sector Chair for Extractives & Minerals Processing


Verity Chegar, Director, is ESG Integration Team Lead within BlackRock Sustainable Investing. The Sustainable Investing team is focused on identifying drivers of long-term return associated with environmental, social and governance (ESG) issues, integrating them throughout Blackrock’s investment processes, and creating solutions for our clients to achieve sustainable investment return. Ms. Chegar works with the Head and CIO of Sustainable Investing to develop and execute an implementation plan for ESG integration across all investment teams at the firm.

Previously, Ms. Chegar was an ESG strategist within the BlackRock Investment Stewardship team researching ESG trends and their implications for investment. Prior to joining BlackRock in 2015, she worked at Allianz Global Investors as an ESG analyst responsible for research and ratings of companies in the global healthcare and global technology sectors. Prior to that, she was a member of the US Large Cap Portfolio Management team at RCM.

Ms. Chegar is a Vice Chair of the Sustainability Accounting Standards Board (SASB), an independent standards-setting organization dedicated to enhancing the efficiency of the capital markets by fostering high-quality disclosure of material sustainability information that meets investor needs. She earned a BA from Mount Holyoke College.

Daniel L. Goelzer, JD
Retired Partner, Baker & McKenzie LLP
Sector Chair for Services


Daniel Goelzer is a Washington, DC-based retired partner in the law firm of Baker & McKenzie. He joined the Firm in 1990, after seven years as General Counsel of the Securities and Exchange Commission. In 2002, Mr. Goelzer was appointed by the SEC as a founding member of the Public Company Accounting Oversight Board, the body responsible for oversight and regulation of independent auditors of US public companies and securities broker-dealers. He served as Acting PCAOB Chairman from August 2009 through January 2011, leaving the Board upon conclusion of his term in 2012. He returned to Baker & McKenzie in late 2012 and retired as a partner at the end of 2015. Mr. Goelzer has authored numerous articles concerning federal securities law topics. He currently prepares a monthly newsletter, Audit Committee and Auditor Oversight Update.


Robert B. Hirth, Jr.
Senior Managing Director, Protiviti
Chairman Emeritus, Committee of Sponsoring Organizations of the Treadway Commission (COSO)
Co-Vice Chair of the SASB Standards Board
Sector Chair for Technology & Communications


Bob Hirth served as COSO Chair from June 2013 to February 2018, his activities included leading COSO’s project on revising its Enterprise Risk Management Framework which was released in September 2017, issuing COSO’s Guide on Fraud Risk Management and actively promoting COSO’s 2013 Internal Control Integrated Framework around the world and through the Media. He has worked on assignments and made presentations in over 20 countries, serving more than 50 organizations and working closely with board members, C-level executives, University professors, finance and accounting personnel as well as public accounting firm partners and employees.

He is a Senior Managing Director of Protiviti, a global internal audit and business risk consulting firm that operates in 22 countries. Prior to that, he was Executive Vice President, global internal audit and a member of the Firm’s six-person executive management team for the first ten years of Protiviti’s development.

In 2012, Bob was appointed to serve a two year term on the Standing Advisory Group of the Public Company Accounting Oversight Board (PCAOB) and was re-appointed to serve a three-year term ending December 31, 2016.

Bob started his career in public accounting and became a global equity partner of Arthur Andersen in 1988. During his tenure there, he worked in the Dallas, Melbourne Australia, San Jose and San Francisco offices, serving as a partner in both the audit and advisory practices of the firm. For over 20 years, he practiced as a CPA in Texas and California and also qualified as a chartered accountant and registered company auditor while working in Australia.

In 2013, Bob was inducted into The American Hall of Distinguished Audit Practitioners. In 2014 and 2015, he served as the Chairman of the IIA’s IPPF re-look task force. Bob graduated from Southern Methodist University in Dallas, Texas, with a concentration in accounting.

Kurt Kuehn
Former CFO, UPS
Sector Chair for Transportation and Infrastructure


Kurt Kuehn, former United Parcel Service’s chief financial officer, was on the front lines of UPS’s transformation from a private U.S.-focused small package delivery company to one of the world’s largest publicly traded logistics companies with more than 398,000 employees.  He was responsible for all activities related to accounting, finance, financial planning, taxes, and treasury.  Prior to his appointment as CFO in 2008, he was senior vice president worldwide sales and marketing, leading the revamping of the sales organization to improve the customer experience around the globe. He was also UPS’s first vice president of investor relations, taking the company public in 1999 — the largest IPO in the 20th century.

Since he joined UPS as a driver in 1977, his UPS career has included leadership roles in sales and marketing, engineering, operations, and strategic planning.  He also was one of the early internal supporters of UPS’s sustainability program, working on the very first sustainability report in 2002. He remained a member of the corporate sustainability steering committee.

Kuehn is on the board of NCR Corp and Henry Schein Inc.  He also serves on the board of the Woodruff Arts Center and Atlanta Shakespeare Company. A native of South Bend, Ind., he attended Yale University and received a master’s degree in business administration from the University of Miami. He also is a graduate of the advanced management program of the Wharton School of Business.

Lloyd Kurtz, CFA
Senior Portfolio Manager, Head of Social Impact Investing, Wells Fargo Private Bank
Sector Chair for Health Care


Lloyd Kurtz is a senior portfolio manager and Head of Social Impact Investing for Wells Fargo Private Bank in San Francisco, California. Prior to joining Wells Fargo, Mr. Kurtz was chief investment officer and co-head of the investment committee for Nelson Capital Management, an investment firm affiliated with Wells Fargo. Before joining Nelson Capital, Mr. Kurtz spent nine years as a research analyst and director of quantitative research at Harris Bretall Sullivan & Smith, a San Francisco-based money management firm. Before that he was senior research analyst at KLD Research & Analytics in Boston, one of the first research firms to specialize in ESG (Environmental, Social, and Governance) investment.

At KLD, Mr. Kurtz participated in the development of the Domini Social Index, now known as the MSCI KLD 400, the first broad-based ESG benchmark in the U.S. In 1996 and 2011 he published, with Dan DiBartolomeo, studies of its performance in the Journal of Investing. Mr. Kurtz’s other writings include the book Looking Forward, Looking Back, a review of social and sustainable investment research for the University of Tilburg; and the social investment chapter of the Oxford Handbook of Corporate Social Responsibility. He has been in the financial industry for more than 30 years.

Mr. Kurtz is affiliated with Northwestern University’s Kellogg School of Management, where he serves as faculty co-chair of the Moskowitz Prize research competition, and as a member of the steering committee for the Impact & Sustainable Finance Faculty Consortium.

Mr. Kurtz holds an MBA from Babson College and a B.A. from Vassar College, and holds the Chartered Financial Analyst® designation.

Elizabeth Seeger
Director, Sustainable Investing, KKR
Sector Chair for Consumer Goods


Elizabeth Seeger joined KKR in 2009 to help oversee the consideration of environmental, social, and governance (ESG) issues throughout KKR’s investment process, including the management of KKR’s ESG-focused value creation programs for its portfolio companies. Ms. Seeger was previously a project manager in the corporate partnerships program of Environmental Defense Fund (EDF). Prior to EDF, she was a consultant with the Corporate Executive Board (CEB), where she advised companies from a broad range of industries in Europe and the United States. Before CEB, Ms. Seeger was an associate at the Environmental Law Institute, a non-profit organization focused on environmental law and policy research and education. She is a 2013 Aspen Institute First Movers Fellow and became a member of the Sustainability Accounting Standards Board in 2017. Ms. Seeger has close to 20 years of experience working on corporate environmental and social issues and earned a B.A. with honors from the University of Chicago and an M.B.A. from the Wharton School of the University of Pennsylvania.

Marc Siegel
Partner, EY
Sector Chair for Resource Transformation


Marc Siegel, EY Partner in the Financial Accounting Advisory Services (FAAS) practice. He specializes in enhancing corporate reporting and investor communications in areas such as, disclosure effectiveness, sustainability reporting, and financial performance reporting. Prior to joining EY, Marc provided an investor perspective as a Financial Accounting Standards Board (FASB) Board Member from 2008 through 2018, where he finalized Accounting Standards Updates (such as revenue recognition, leases, current expected credit losses (CECL), hedging, etc), enhanced FASB communications (focusing on plain-English and investor audiences), hosted sector-specific Q&A webcasts for investors, developed podcasts on investor uses of tax disclosures and stock compensation, and hosted forums with auditors, preparers, securities regulators, securities attorneys, investors and audit committee members to kick off the Disclosure Framework project. He has been a frequent speaker at conferences on financial reporting, worked with FASB investor liaison team to improve investor outreach, and participated as a FASB Observer on the Enhanced Disclosure Task Force of the Financial Stability Board, the International Integrated Reporting Council (IIRC) and the Corporate Reporting Dialogue (CRD).

Previously, Marc was director of research at a boutique sell-side research firm providing forensic financial statement analysis to mutual fund and hedge fund clients to support their investment decisions. Also, Marc worked closely with Institutional Shareholder Services (ISS) corporate governance and ESG research teams to identify synergies in research processes and findings. Marc has a B.S. in Economics from the Wharton School of Business and is a Certified Public Accountant (CPA-NY).

Stephanie Tang, JD
Director and Senior Corporate Counsel, Securities and Corporate Governance, Autodesk
Sector Chair for Food & Beverage


Stephanie Tang is Director and Senior Corporate Counsel, Securities and Corporate Governance at Autodesk, where she is responsible for SEC and corporate governance matters. Prior to joining Autodesk, Stephanie was Director of Legal at Stitch Fix, where she led the company’s securities and governance function and advised on a broad range of areas including employment, compensation, and finance matters. Before Stitch Fix, she was Senior Corporate Counsel and Assistant Corporate Secretary at The Clorox Company, where she helped develop the company’s corporate governance stockholder outreach program, and an associate in the corporate group at Orrick, Herrington & Sutcliffe LLP. She also served as a fellow at the ACLU of San Diego and Imperial Counties, where she worked on immigration, capital punishment, education, and First Amendment issues. Prior to law school, Stephanie worked as a risk analyst at a hedge fund. She has a J.D. from Yale Law School and a B.A. in Economics from Yale University.

Role of the Chair

The Chair administers the functioning of the SASB, calling and presiding over official meetings of the SASB. The Chair also ensures that voting meetings are accessible to the public (and the agendas, preparatory documents, and minutes are published), that proper voting procedures are followed, and that the SASB conducts its business in an orderly fashion. Official meetings are defined as any deliberations of a majority of serving members of the SASB intended or expected by the Chair to involve matters related to the establishment or improvement of the Standards.

The Chair of the SASB will be compensated for his or her services. The level of compensation is determined by the Directors. Other members of the SASB fulfill their duties on a voluntary parttime basis, with a stipend and reimbursement for reasonable expenses associated with their functions.

Role of the Vice Chairs

The Vice Chairs of the SASB shall, in the absence of the Chair of the SASB, carry out all the duties of the Chair of the SASB. The Vice Chairs shall support oversight of due process, leading the formation of the SASB’s technical agenda, and assisting with recruiting members of SASB.