SASB is conducting an implementation review of the provisional standards, including stakeholder consultation regarding the content of the standards. Please email firstname.lastname@example.org with any inquiries or input.
Sector Analyst, Services
(415) 830-9220 x 131
Sonya Hetrick is a Sector Analyst at the Sustainability Accounting Standards Board (SASB) covering the Services Sector (Restaurants, Hotels & Lodging, Casinos & Gaming, Leisure Facilities, Advertising & Marketing, Media Production & Distribution, Cable & Satellite, Cruise Lines, Education, and Professional Services).
She has a strong background in both traditional investment analysis and environmental, social and governance (ESG) analysis, with previous work experience at Google, Bailard Investment Management, and an environmental nonprofit.
She holds a B.S. from American University and an MBA from UC Berkeley’s Haas School of Business, where she was Co-President of the Haas Impact Investing Network. She served on the Agenda Committee for the SRI Conference on Sustainable, Responsible, Impact Investing from 2012–2017.
This page contains SASB’s provisional sustainability accounting standards for the Services sector, along with a variety of additional resources for corporations, investors, analysts, and others with an interest in the sustainability profile of these ten 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 ten industries in the Services sector.|
10-K – Restaurants
|Serves as a mock excerpt from a Form 10-K filing for a restaurant, “C&E Fresh & Healthy,” that incorporates disclosure to the SASB Standard for Restaurants into its Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A). This document is an example of one type of disclosure SASB standards are designed to enable; it is not intended to provide a template for companies to follow.|
10-K – Media Production & Distribution
|Serves as a mock excerpt from a Form 10-K filing for a media production and distribution company, “Dream Forward Worldwide,” that incorporates disclosure to the SASB Standard for Media Production & Distribution into its Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A). This document is an example of one type of disclosure SASB standards are designed to enable; 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 Services 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 recruitment efforts, composition of members, and response rates.
|Standards Outcome Report
Documents how analysis of the industry working group feedback informed changes to sustainability topics and metrics.
|Standards Outcome Report Supplement
Contains all topic-related comments received from industry working groups.
|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 Services standards for public review and comment. The 90 day public comment period began July 16, 2014.
|Responses to Public Comment
|Provisional Standards||Helps public corporations disclose material, decision-useful information to investors.|
|Technical Bulletin||Provides disclosure guidance specific to integrated companies in the Services sector.|
|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 Services standards for public review and comment; review the Public Comments received.
|SASB’s Summary of Public Comments is provided for transparency and public insight into the extent and nature of the comments received.|