Foundation president, Harvey Fineberg, and chairman emeritus and co-founder, Gordon Moore, discuss the Statement of Founders’ Intent with staff.
The San Francisco-based Sustainability Accounting Standards Board is a nonprofit working to develop and distribute standards that help public corporations disclose sustainability information to investors. The standards evaluate the environmental, social and human performance of companies through an account of their nonfinancial capital and governance management. They are used in companion with financial accounting standards to provide a complete picture of a corporation’s performance and value creation across all forms of capital.
The board uses evidence-based research and broad stakeholder participation to define both qualitative and quantitative metrics on material sustainability topics to ensure investors have access to a full mix of information for decision-making. Standards are in development for more than 80 industries across 10 sectors, classified in accordance with their resource intensity, sustainability impact and innovation potential. The board also drafts industry briefs to provide investors and businesses with additional background about each of the standards including the risks associated with the mismanagement of sustainability protections.
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Sustainability Accounting Standards Board
Nov 2016
$295,300
8 months
Oct 2013
$1,000,000
36 months
Creating positive outcomes for future generations.
