SAN FRANCISCO, Oct. 24, 2018 (GLOBE NEWSWIRE) -- The Sustainability Accounting Standards Board (SASB) announced today a group of 87 industry experts who will serve on the organization’s inaugural Standards Advisory Group (SAG). The members make up a group that spans multiple industries and countries.
“We’re impressed with the diverse professional perspectives of these inaugural SAG members and grateful they are willing to share their time and expertise,” said David Post CFA, Director of Research at SASB. “A hallmark of SASB Standards is that they are market-informed, and we’re eager for the feedback we will receive from these experts, who understand the financially-material sustainability issues impacting their industries.”
The Standards Advisory Group consists of industry experts from leading companies, investment firms, and third parties who will work to improve the quality and comparability of sustainability-related disclosure by advising SASB on matters of implementation and emerging issues that should be considered in the standards development process.
“I am excited to provide feedback on emerging sustainability issues to help ensure the financial impact of these issues is fully understood and decision-useful information permeates the global markets,” said Roger Seabrook, VP Finance Marketing & Sustainability at Unilever. “During the Standards Advisory Group discussions, I also look forward to collaborating on how the market might best align the work of different initiatives to simplify the landscape for preparers and users alike.”
Click here to see a list of all members.
“Led by established internal expertise in developing and maintaining controls, I use a top-down, risk-based approach and materiality assessment to identify the most crucial areas to be addressed at Novo Nordisk. Identifying these crucial areas, in part through the lens of SASB’s framework, is why I decided to join the SAG,” said Cora Olsen, Global Lead Integrated Reporting at Novo Nordisk. “The value is self-evident and allows me to see the whole foundation of the house, which if you don’t have in order, you don’t have much else.”
Opportunity to join SASB’s Standards Advisory Group
The Standards Advisory Group is seeking participation from experts from leading companies who support their organization in finance, investor relations, risk management, or sustainability functions. We welcome individuals from companies who can provide input to the standards as they become increasingly globally applicable. Interested candidates can read more and submit an expression of interest form at SASB.org/SAG.
Marvin Smith, Stakeholder Outreach Manager for SASB’s Standards Advisory Group (SAG), leads the coordination of the SAGs in close consultation with SASB’s Research Team and Standards Board.
About SASB
The Sustainability Accounting Standards Board Foundation (SASB) is an independent, nonprofit standard-setting organization that develops and maintains robust reporting standards that enable businesses around the world to identify, manage and communicate financially-material sustainability information to their investors. SASB standards are evidence based, developed with broad market participation, and are designed to be cost-effective for companies and decision-useful for investors. To download any SASB industry-specific standards, or learn more about SASB, please visit www.SASB.org.