This project will investigate the ways to measure company performance on electric utilities’ transition to renewable energy as a decarbonization pathway to provide complete and comparable information to users.
Based on market feedback received on disclosure limitations in some markets with the current set of metrics related to renewable energy in this industry, there are opportunities to investigate other ways to measure company performance beyond renewable portfolio standards in metric IF-EU-110a.4. Broadly within the industry, the expected increase in demand for electricity coupled with emissions reduction goals, further support the opportunity to investigate how to measure company performance in a way that provides decision-useful information to users.
- Phase 1 - Initial Research
- Phase 2 - Stakeholder Consultation
- Phase 3 - Post-Consultation Analysis
- Phase 4 - Exposure Draft Development
- Phase 5 - Public Comment Period
- Phase 6 - Public Comment Analysis
- Phase 7 - Completed
The objective of this phase is to conduct market consultations to inform revisions to the Standard.
In this phase, staff will analyze input received from market consultations and conduct additional consultations as needed.
Published Documents & Supplemental Materials
There are no published documents or drafts at this time.
Board Materials & Decisions
Board Meeting Outcomes
- Staff presented key findings from market feedback and research on the disclosure limitations with the current set of metrics related to renewable energy in the Greenhouse Gas Emissions & Energy Resource Planning disclosure topic in the Electric Utilities & Power Generators Standard.
- Staff recommended the Board initiate a standard-setting project to improve how the Standard addresses company performance and strategy in the context of the industry’s transition to renewable energy as a decarbonization pathway.
- The Board approved the standard-setting project, as recommended by staff. The project scope includes the consideration of new or revised metrics to address the energy transition in the Electric Utilities & Power Generators industry and to enhance international applicability.
For a full list of past and upcoming Standards Board meetings, as well as associated materials, please visit our Board Meetings Calendar & Archive.
The staff has prepared this summary for informational purposes only. Any Standards Board decisions are tentative and do not change current accounting. Official positions of SASB are determined only after extensive due process and deliberations.