Date: 04.18.13, 12:00PM – 04.18.13, 01:00PM ET
Location:GoToMeeting + #SASBCSRwire
Today, sustainability reporting lacks comparability, rigor, and implications for inclusion in financial valuation and therefore, can’t be tied to performance in a way that is actionable by management or investors.
Despite GRI's continued popularity -- and high expectations from the upcoming G4 guidelines -- and the International Integrated Reporting Committee's [IIRC] work on shifting reporting toward an integrated format, there remains a critical need for standards that help companies address, and investors analyze, the most material environmental, social and governance (ESG) issues in their industry.
But what is materiality? And how do you deduce fair share of resources in a way that neither of the environment, social or governance metrics are getting siloed? Further, can any one organization lead us toward a sector-specific standardized approach that allows analysts, investors, consumers, employees and all other stakeholders understand and credibly compare corporate apples to apples?
The Sustainability Accounting Standards Board (SASB) was publicly launched in October 2012 to "advance the concepts of industry-specific performance indicators and integrated reporting for the benefit of U.S. publicly listed corporations, their investors, and the general public."
The organization was borne out of the idea that "integrated reporting and industry performance indicators are concepts that are mutually reinforcing and the essential next step in responsible, complete, and comparable disclosure."
Now, six months in, what is the SASB upto? How did it codify the Materiality Map and how are the Industry Groups it set up working?
And what are the key differences between SASB's mandate and that of the GRI and the IIRC? Can we expect SASB to make sustainability standards as clear and enforcable as accounting standards by the Fair Accounting Standards Board [FASB]?
Join CSRwire's Editorial Director Aman Singh in conversation with SASB's Associate Director of Education Marisa Mackey and Associate Director of Stakeholder Engagement Katie Schmitz Eulitt for a webinar to discuss all these questions and more.
Learn about SASB’s work to develop industry-specific sustainability accounting standards and how these standards will affect your industry and organization. Consider this a great opportunity to have your questions answered about the future of ESG disclosure and learn how to become involved in the standards-setting process.
Date: April 18, 2013
Time: 12:00pm EST
Registration: Register here and send out the following tweet:
I will join @sasb_org + @CSRwire on 04/18 to discuss #ESG #disclosure, #materiality & #sustainability standards! http://bit.ly/sasbcsrwire
Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that establishes and maintains industry-tailored key performance indicators for use in disclosing material sustainability issues for the benefit of investors, corporations and the public. For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.
CSRwire is a digital media platform and the leading global source of corporate social responsibility (CSR) and sustainability news. Founded in 1999 to advance the movement towards a more economically just and environmentally sustainable society and away from single bottom line capitalism, CSRwire has paved the way for new standards of corporate citizenship, earning the international respect of thought leaders, business leaders, academics, philanthropists, activists and the media community. Follow us on LinkedIn, Facebook and Twitter.
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