Standards Council


The independent Standards Council—composed of experts in standards development, securities law, environmental law, metrics and accounting—oversaw the development of SASB’s provisional sustainability accounting standards. In an important independent overseer role, the Council reviewed due process and quality of outcomes and ensured compliance of the standards setting process with American National Standards Institute (ANSI) guidance and SASB principles. Through working closely with SASB staff, the Council ensured that a robust and industry-focused set of provisional standards was developed in a transparent multi-stakeholder process.

Reports from the Standards Council to SASB are published on our website under the Sectors tab. Reports from SASB to the Standards Council, which contain a summary of feedback received and SASB’s responses, are also available under the Sectors tab.




Standards Council Members:


donnacoallierDonna Coallier
Partner, Strategic Value Consulting


Donna Coallier provides valuation and financial reporting advice to her clients, focusing on strategic value analytics. She is well versed in M&A, joint ventures, and other transactions as well as value analytics covering topics such as capital and funding decisions and sustainability valuation. Donna also leads the national Retail & Consumer and Sustainability practices for the valuation group. She provides quality, real-time advice on the impact of complex value drivers while helping clients to build corporate finance discipline into their decision processes.


Donna brings unique experience gained during several years in PwC’s National Risk & Quality group, and as a Professional Accounting Fellow in the Office of the Chief Accountant at the Securities & Exchange Commission. She has a distinctive approach and perspective in dealing with a variety of public company reporting matters as well as an understanding of the influence of the SEC staff and other related regulators and standard setters. Prior to her national role and fellowship appointment, Donna worked with PwC’s New York audit practice, with large and small clients in a variety of industries.




Jim Coburn Headshot

Jim Coburn, JD

Senior Manager, Investor Programs



Jim Coburn is an attorney at Ceres, where he directs efforts to improve mandatory disclosure of environmental risks and opportunities by corporations.  He has collaborated with investors since 2003 to improve climate change disclosure in financial filings, leading to SEC interpretive guidance on the subject in February 2010.  He has also worked with investors to ask for environmental disclosure guidance from Canadian securities regulators, which was issued in October 2010.  He has developed several reports evaluating companies’ governance, performance and reporting related to climate change, and is co-author of Disclosing Climate Risks & Opportunities in SEC Filings: A Guide for Corporate Executives, Attorneys & Directors.  Jim earned his law degree from Boston College Law School and BA in Government from Cornell University.




Christine Ervin HeadshotChristine Ervin




Christine Ervin has led innovative collaborations to accelerate green markets for more than twenty years.


As the first President and CEO of the U.S. Green Buildings Council, she led its evolution from a start-up organization to a coalition of industry leaders transforming the way buildings are designed, built and operated in the U.S. and abroad.  Over her tenure, the Council launched and cemented acclaim for the LEED standard and Greenbuild conference and expo.  As Assistant Secretary of Energy for President Clinton, she directed $1 billion in annual investments for clean technologies.  Initiatives ranged from partnerships to leverage private sector investments and the EPA-DOE ENERGY STAR partnership.  Previously, she directed the Oregon Department of Energy.


Christine serves on fiduciary and advisory boards for venture capital firms, start-up companies, national advocacy efforts and third party certification programs.




Patricia Farrar RivasPatricia Farrar-Rivas, CIMA, CIS

Founding Principal/CEO/CCO

Veris Wealth Partners


Patricia is a founding principal, CEO and Chief Compliance Officer of Veris Wealth Partners.  She has been providing investment advisory and wealth management services since 1992.  Patricia is a principal consultant to the Envestnet Sustainability Platform and a member of the Envestnet Advisory Board.  Prior to Veris, Patricia was with Silicon Valley-based public accounting firm, Frank, Rimerman + Co.


Patricia is an active board member of As You Sow, a nonprofit organization promoting corporate responsibility through shareholder advocacy, grant making, and innovative legal strategies. She lives with her family in San Francisco.




Chris Fowle headshotChris Fowle
Vice President – Investor Initiatives


Chris Fowle is the VP of Investor Initiatives for CDP in North America. He is responsible for managing relationships with approximately 200 investor signatories across CDP’s Climate, Water, Forests & Carbon Action programs. The data collected by CDP on behalf of the investment community raises awareness of the environmental risks within investors’ portfolios and better equips them to engage with companies on these risks to protect shareholder value. Chris’ background is on Wall Street, where he worked in Fixed Income in New York & Tokyo for big banks like JPMorgan, Deutsche Bank and Lehman Brothers (pre- and post-bankruptcy). Recently Chris has combined his passion for the environment with his capital markets experience in the for- and non-profit environmental markets via program & project work at Rainforest Alliance and Terra Global Capital. Chris holds a B.B.A. in Finance from the College of William & Mary in Virginia and an MBA from Columbia Business School.




Jeff Hales HeadshotJeffrey Hales, PhD, Standards Council Chairman


Georgia Institute of Technology – Ernest Scheller Jr. College of Business


Jeffrey Hales teaches at the Georgia Institute of Technology, where he is a professor of accounting in the Ernest Scheller Jr. College of Business. He is a graduate of the accounting program at Brigham Young University and received his Ph.D. from Cornell University. During the 2009-10 academic year, he was a research fellow at the Financial Accounting Standards Board (FASB) in Norwalk, CT. He was a visiting associate professor at INSEAD in Fontainebleau, France and sits on the advisory board of the Financial Accounting Standards Research Initiative (FASRI). He is also a member of The Financial Accounting Standards Advisory Council.


His research interests center on accounting standard setting and regulation, individual decision making, and behavioral finance. His research has appeared in the Journal of Accounting Research, the Accounting Review and the Journal of Accounting and Economics, among others.




Tom KielyTom Kiely

Director of Sustainability – Retired

McKinsey & Company


Tom Kiely retired from McKinsey & Company in January 2013, where he served as the firm’s Director of Sustainability. He was responsible for overseeing McKinsey’s environmental and carbon abatement activities and for managing emissions and CSR measurement and reporting. Also, as a senior member of McKinsey’s global communications group, Tom helped lead research and collaboration related to the role of business in society and sustainable capitalism, and shaped the firm’s communications in these areas.  Prior to McKinsey, which he joined in 2000, Tom was Director of Intellectual Capital Marketing at Viant, Global Marketing Director for Authorship at Deloitte Consulting and an editor at the Harvard Business Review. He began his working career as a business journalist. In retirement, Tom continues to work on projects related to sustainability, sustainable capitalism and the role of business in society.




Divya pictureDivya Mankikar

Investment Officer – III

Global Governance, CalPERS


Divya Mankikar is an Investment Officer – III within the Global Governance team at CalPERS. Her primary responsibility is for leading CalPERS’ work to integrate environmental, social and governance (ESG) factors across its total fund.


Divya joined CalPERS with close to 10 years professional experience in sustainable investment. She was previously at Trucost in New York, which provides corporate environmental data to investors, and previously worked for Patagonia Sur including time in Chile, developing a sustainable forestry and carbon offset project. Her experience in investment management includes working for the InterAmerican Development Bank in DC, Walden Asset Management in Boston where she focused on financial valuations in the energy sector, and KLD Research and Analytics focusing on clean tech indices.


Divya holds a BA and MA from Boston University in Energy and Environmental Analysis, an International MBA with a concentration in finance from the IE business school in Madrid, and an MA in Law and Diplomacy from Tufts University’s Fletcher School.




Jameela PediciniJameela Pedicini


Perella Weinberg Partners LP


Prior to joining Perella Weinberg Partners, Ms. Pedicini was Vice President of Sustainable Investing at the Harvard Management Company, where she was responsible for developing and leading its sustainable investment strategy. Prior to that, Ms. Pedicini was an Investment Officer at the California Public Employees’ Retirement System, where she led the development and implementation of a variety of strategic ESG integration initiatives. Before working in the US, Ms. Pedicini worked in London for the UN supporting Principles for Responsible Investment as Manager of Investor Engagements, and Global Risk Analyst at Verisk Maplecroft.
Ms. Pedicini currently serves on the Standards Council of the Sustainability Accounting Standards Board in San Francisco.
Ms. Pedicini received a Bachelor of Arts in Psychology from Antioch University. She also holds a MSc in Sociology: Social Theory and Public Affairs from the University of Amsterdam and a MPhil in Comparative Social Policy from the University of Oxford.




walterricciardiWalter G. Ricciardi


Paul, Weiss, Rifkind, Wharton & Garrison, LLP


Walter Ricciardi is a partner in the Securities Litigation and Enforcement Group at Paul, Weiss, Rifkind, Wharton & Garrison. Mr. Ricciardi represents clients before the U.S. Securities and Exchange Commission (SEC) and other regulatory authorities. Prior to joining the firm in 2008, Mr. Ricciardi was the Deputy Director of the SEC’s Enforcement Division. Before going to the SEC, Mr. Ricciardi spent 20 years with PwC, where he was charged with defending the firm’s litigation and regulatory matters and served on its U.S. and global boards. Also, Mr. Ricciardi is a member of the Standing Advisory Group of the Public Company Accounting Oversight Board and an adjunct professor at New York University School of Law, where he teaches a seminar on SEC enforcement issues.




Jean cropped 2Jean Rogers, PhD  PE


Ex-officio member of the Standards Council


Dr. Jean Rogers is the CEO and Founder of SASB. Since 2010 SASB developed from an idea formulated in collaboration with the Harvard University Initiative for Responsible Investment at the Kennedy School of Government into a globally-respected, ANSI-accredited, independent standards-setting organization.


Jean draws upon her 20 years’ experience in sustainability and management consulting across a wide range of industries including utilities, extractives, financials, and real estate.  She has worked with international clients to integrate sustainability into strategy and operations, minimizing risk and maximizing returns across the triple bottom line.  Jean’s leadership experience includes 10 years as a Principal at Arup, a global engineering consultancy focused on sustainable development. Jean was also a management consultant at Deloitte, working in the environmental and manufacturing practices to help leading companies improve business and product performance through sustainability.


Jean is a former Loeb Fellow at Harvard University and holds a PhD in Environmental Engineering from the Illinois Institute of Technology, and an ME in Environmental Engineering and a BE in Civil Engineering from Manhattan College. In 2015 she was named one of the Top 100 Most Influential People in Accounting by Accounting Today and one of the Most Powerful Women in Accounting by CPA Practice Advisor.





seeger_elizabeth_webElizabeth Seeger




Elizabeth Seeger joined KKR in 2009 to help oversee the management of environmental and social responsibility issues and opportunities across KKR’s portfolio, including through KKR’s Green Portfolio Program. Ms. Seeger was previously a Project Manager in the Corporate Partnerships Program of Environmental Defense Fund. Prior to EDF, she was a consultant with the Corporate Executive Board, where she advised companies across 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 is on the Standards Council of the Sustainability Accounting Standards Board. Elizabeth has more than 10 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.




Standards Council Subcommittee


The purpose of the Subcommittee is to help the SASB Standards Council in ensuring that SASB fulfills its mandate of producing decision-useful and cost-beneficial metrics to measure corporate performance. The Subcommittee reviews a representative sample of SASB sustainability accounting metrics and assesses their quality, making sure that the standards yield decision-useful information and provide a cost-efficient input for strategic and financial analysis.


BRUNO BERTOCCI Managing Director and Global Equity Portfolio Manager at UBS

DEREK BINGHAM Vice President at Goldman Sachs, GS Sustain

STEVE LYDENBERG Chief Investment Officer for Domini Social Investments LLC, Adjunct Lecturer in Public Policy at Harvard Kennedy School

BARBARA POMFRET Senior Environmental, Social and Governance (ESG) analyst at Bloomberg Industries

JOHN WILLIS Portfolio Manager at SICM

VERITY CHEGAR Vice President at BlackRock