SASB is conducting an implementation review of the provisional standards, including stakeholder consultation regarding the content of the standards. Please contact the Sector Analyst with any inquiries or input.
Bryan Esterly, CFA
Sector Analyst, Infrastructure
(415) 830-9220 x 121
Bryan Esterly, CFA leads standards development for the Infrastructure sector at the Sustainability Accounting Standards Board (SASB). His role includes research and collaboration with industry and investors to drive the standardization of financially material sustainability information in corporate reporting. He also works with the investment community to advance the integration of material ESG factors into investment analysis.
Prior to SASB, Bryan worked in the financial risk management industry, most recently serving as Vice President with Aon’s Financial Services Group.
This page contains SASB’s provisional sustainability accounting standards for the Infrastructure sector, along with a variety of additional resources for corporations, investors, analysts, and others with an interest in the sustainability profile of these eight industries. As SASB is committed to a transparent and open standards development process, this page also contains documents related to the standards development process for the sector.
|SASB Navigator||SASB’s Research Platform allows you to browse standards, analyze disclosure quality for 4000+ companies’ public filings, examine and benchmark against industry performance, access evidence of financial impact, and receive topic alerts to stay informed on emerging evidence.|
|Disclosure Topics||Provides an overview of the SASB disclosure topics for the industries in the Infrastructure sector.|
10-K – Electric Utilities
|Serves as a mock excerpt from a Form 10-K for an electric utility, “L&L Power & Light,” that incorporates disclosure to the SASB Standard for Electric Utilities into its Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A). This document serves as an example of one type of disclosure SASB envisions for its standards; it is not intended to provide a template for companies to follow.|
10-K – Real Estate Owners, Developers & Investment Trusts
|Serves as a mock excerpt from a Form 10-K for a real estate investment trust, “Rosebridge Property Trust,” that incorporates disclosure to the SASB Standard for Real Estate Owners, Developers & Investment Trusts into its Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A). This document serves as an example of one type of disclosure SASB envisions for its standards; it is not intended to provide a template for companies to follow.|
|Industry Working Group Participants
Contains the names of all the members of SASB’s Infrastructure industry working groups who participated publicly. These participants contributed as individuals, not as representatives of their present or past companies.
|Industry Working Group Due Process Report
Outlines the industry working group process, including recruiting processes, composition of members, IWG feedback, and how SASB addressed the input of the IWG.
|Standards Outcome Report
Documents the changes made to SASB’s standards throughout the standards development process.
|Standards Outcome Report Supplement
Contains all feedback received during the industry working groups, as well as SASB’s responses.
|Standards Council Process and Standards Outcome Review
Prepared by the Standards Council, reviews and comments on the findings of the Industry Working Group Due Process Report and Standards Outcome Report.
|Exposure Draft Version of Provisional Standards (All Industries)
|Public Comments Received
SASB presented exposure drafts of its Infrastructure standards for public review and comment. The 90 day public comment period began October 7, 2015.
|Responses to Public Comment
|Provisional Standards||Helps public corporations disclose material, decision-useful information to investors.|
|The Consultation Summary comprises the results of SASB’s deep consultation period that began in Q4 2016. The consultation period set out to gather feedback from stakeholders regarding the materiality of topics and usefulness of the metrics prior to codifying the standards.|
|The Technical Agenda comprises items that may be appropriate to address for updates to the SASB Standards, which are slated to be codified in Q1 of 2018. Feedback on SASB’s Technical Agenda is welcome on an ongoing basis as it will inform future technical agendas; you may provide feedback by emailing the sector analyst.|
|The Exposure Drafts of the standards—which highlight the proposed changes to the provisional standards—were submitted for public comment from October 2, 2017, through January 31, 2018.|
|SASB presented Exposure Drafts of its Infrastructure standards for public review and comment; review the Public Comments received.
|SASB’s Response to Public Comments are summarized for your consideration and provide transparency and public insight into the extent and nature of the comments.|