SASB Foundation appoints inaugural members to SASB

  • SASB (Sustainability Accounting Standards Board) Image

May 11, 2017

On May 11, 2017, the SASB Foundation, responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB), announced the appointment of nine inaugural members to the SASB.

Established in 2011, the Sustainability Accounting Standards Board (SASB) is an independent standards-setting organization dedicated to enhancing the efficiency of the capital markets by fostering high-quality disclosure of material sustainability information that meets investor needs. The mission of the SASB is to maintain sustainability accounting standards that help public corporations disclose material information to investors in SEC filings, such as the Forms 10-K, 20-F, and 40-F, in a cost-effective and decision-useful manner. The SASB maintains standards for 79 industries, focusing on sustainability-related factors that are reasonably likely to have financially material impacts.

Established in 2017, the SASB Foundation is responsible for the financing, oversight, administration and appointment of the SASB.

According to the SASB’s rules of procedure, the SASB consists of five to nine members who are appointed by the SASB board of directors for a term of three years, with a two-term limit. The nine inaugural members are:

  • Jean Rogers, chairman
  • Jeffrey Hales, vice-chairman
  • Verity Chegar
  • Daniel L. Goelzer
  • Robert B. Hirth, Jr.
  • Kurt Kuehn
  • Lloyd Kurtz
  • Elizabeth Seeger
  • Stephanie Tang

Review the press release and the SASB board member page on the SASB’s website.

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