Codification Process and Documents

Public Notice of SASB Board Meeting

On June 29th and 30th the Sustainability Accounting Standards Board (SASB) will convene to review items under consideration for the SASB’s Technical Agenda. The board discussion will encompass items under review for possible changes to the Provisional Standards for 79 industries in 11 major sectors within the Sustainability Industry Classification System, prior to finalization in Q1 2018.

 

The 2017 Technical Agenda noting items under formal review by the Standards Board will be published on July 6th, 2017. Items not on the 2017 Technical Agenda will not be proposed for changes prior to finalization of the standards in Q1 2018.

 

A Research Agenda will also be developed, encompassing items that are being evaluated by the staff but are not yet ready for the Technical Agenda. Items on the Research Agenda will remain there until they either advance to the Technical Agenda (through research and consultation) or are dropped due to lack of evidence. Items that are currently being considered for the Technical Agenda have arisen from analyst research and stakeholder consultation conducted since release of the Provisional Standards.

 

141 companies (adding up to $7.5T in market cap), 19 industry associations (representing hundreds of companies), and 38 institutional investors to (representing 271 industry-level consultations) participated in SASB’s recent consultation period.

 

The Technical Agenda will reflect items proposed by stakeholders for addition, deletion, or modification of the standards that are substantiated by evidence of materiality and will improve the standards in terms of cost-effectiveness and/or decision-usefulness.

 

The Standards Board operates according to the SASB’s Conceptual Framework and Rules of Procedure.

 

Over a two-day period, the SASB Standards Board will convene 45 minute sessions to discuss the Technical Agenda for each of the 11 sectors, led by the Sector Committee Chair. The SASB Director of Research and the SASB Sector Analyst will be present to discuss any items needing further clarification.

 

The sessions will available for the public through a live audio broadcast, according to the schedule below. Individuals planning to listen in on both days should make sure to register below:

 

Register for the broadcasts.

 

Download the full agenda. [PDF]

 

The corresponding materials will be posted on June 28th.

SASB Board Members

Jean Rogers, PhD 

Founder and Former CEO, SASB, Chair of the SASB Standards Board

 
Jeffrey Hales, PhD 

Professor of Accounting, Georgia Institute of Technology, Vice Chair of the SASB Standards Board

 

Verity Chegar 

Vice President and ESG Strategist, BlackRock

 

Daniel L. Goelzer, JD

Senior Counsel, Baker & McKenzie LLP

 

Robert B. Hirth, Jr.

Chairman, COSO & Senior Managing Director, Protiviti

 

Kurt Kuehn

Former CFO, UPS

 

Lloyd Kurtz, CFA

Senior Portfolio Manager and Head of Social Impact Investing, Wells Fargo Private Bank

 

Elizabeth Seeger

Director, KKR

 

Stephanie Tang, JD

Senior Corporate Counsel and Assistant Corporate Secretary, The Clorox Company

 

Board Meeting Schedule

June 29th

 
8:00am – 8:45am PST
Food & Beverage (formerly Consumption I)
Committee Chair: Stephanie Tang

 
9:00am – 9:45am PST
Renewable Resources & Alternative Energy
Committee Chair: Stephanie Tang

 
10:00am – 10:45am PST
Consumer Goods (formerly Consumption II)
Committee Chair: Elizabeth Seeger

 
11:00am – 11:45am PST
Extractives & Minerals Processing (formerly Non-Renewable Resources)
Committee Chair: Verity Chegar

 
1:00pm – 1:45pm PST
Health Care
Committee Chair: Lloyd Kurtz

 
2:00pm – 2:45pm PST
Services
Committee Chair: Daniel Goelzer

 
3:00pm – 3:45pm PST
Infrastructure
Committee Chair: Jean Rogers

 

June 30th

 
8:00am – 8:45am PST
Financials
Committee Chair: Jeffrey Hales

 
9:00am – 9:45am PST
Technology & Communications
Committee Chair: Robert B. Hirth, Jr.

 
10:00am – 10:45am PST
Transportation
Committee Chair: Kurt Kuehn

 
11:00am – 11:45am PST
Resource Transformation
Committee Chair: Lloyd Kurtz