Our supporters (2011 – 2021)
The following organizations supported the SASB Foundation in its first 10 years (2011-2021) and the Value Reporting Foundation (formed from the merger of the IIRC and the SASB Foundation) (2021-22). prior to its merger with IIRC to form the Value Reporting Foundation in 2021 and the Value Reporting Foundation’s consolidation with the IFRS Foundation in 2022. Their generosity fueled the research, market engagement, and market outreach needed to develop SASB Standards for 77 industries and to leverage the power of the capital markets helping to focus companies and investors on material sustainability issues. For more on the SASB Foundation’s funding, accomplishments, and history, please see our annual reports from 2019, Annual Report (also available: 2018, 2017, 2016, 2015, 2014).
SASB Standards are now materials of the IFRS Foundation. To learn more about the funding of the IFRS Foundation, visit here.
What Donors Supported
St. James Palace Meeting + Accounting fort Sustainability Forum.
IIRC proposed during discussions at The Prince’s Accounting for Sustainability Forum.
Publication of “From Transparency to Performance” by SASB Founder, Jean Rogers
IIRC is officially formed
Sustainability Accounting Standards Board (SASB) founded
I’ve always said: In God we trust – everyone else, bring data.
SASB has had a highly impressive first year. They’re working directly with the economic system and regulatory framework to systematically develop standards for industries in all ten sectors of the U.S. economy.
With SASB’s standards, for the first time investors will be able to compare company performance within and across industries on the most critical dimensions of sustainability that impact long term value creation.”
[SASB will] change the DNA of the system so that at the very least companies that are doing the right things can have an advantage when they are raising capital in the public markets. We made a big bet on SASB because we think it can be so important.”
SASB’s public launch of standard-setting activities
First Provisional Standards published (Healthcare Sector)
First Integrated Report issued
Michael Bloomberg and Mary Schapiro appointed Chair and Vice Chair of SASB Foundation Board
SASB industry Working Groups exceed 2000 participants
Provisional standards issued for 5 additional sectors (Financials, Technology & Communication, Non-renewable Resources, Transportation, and Services)
SASB provides a mechanism for those businesses that are doing well to be understood.”
Financial support from Big-4 Accounting Firms begins
We share SASB’s commitment to advancing greater standardization and transparency around non-financial performance and disclosure by companies, and to helping organizations better communicate performance measured in both financial and non-financial terms.”
Our support of SASB, among other standard setting organizations, reflects our commitment to address social and environmental impacts in a forward looking manner.”
Fundamentals of Sustainability Accounting (FSA) credential launched
To make sustainability disclosure more cost effective for companies and useful for investors, we need a market standard. The Sustainability Accounting and Standards Board (SASB), a grantee of the Foundation, was created to fill this need.”
The guiding vision for SASB is that metrics be useful to investors and companies…”
Medtronic and South Korea Telecom publish the first SASB reports
Provisional Standards Completed (Infrastructure sector is last to wrap up)
SASB Releases codified Standards
SASB launches Human Capital Research Project
‘Group of Five’ announcement demonstrate cooperation and alignment in sustainability and financial reporting
SASB and IIRC merge; formation of the Value Reporting Foundation
IFRS announces merger of Value Reporting Foundation and the formation of the International Sustainability Standards Board
Integrated Reporting Foundation
Jeremy Grantham Foundation for the Protection of the Environment
Rockefeller Brothers Fund
Betsy & Jesse Fink Foundation
Fidelity Charitable (DAF)
National Organization of Investment Professionals
Robert K Steel
The McKnight Foundation
Eileen Fisher Community Foundation
American Society of Safety Professionals
Breckinridge Capital Advisors Inc
Cornerstone Capital Group
Macquarie Group Ltd
The Investment Fund for Foundations
The San Francisco Foundation Travelers