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IIRC and SASB sign cooperation agreement

  • Leaf - sustainability (SASB) Image

Jan 17, 2014

The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have announced that they have entered into a Memorandum of Understanding (MoU) that seeks to formalize the principles for ongoing cooperation, coordination, and alignment between the two organizations.

The MoU seeks to assist both organizations in reaching their mutual interests, which include the following:

  • The development of their respective reporting frameworks, guidelines, and standards to be complementary and compatible with each other.
  • Transparency and sharing of relevant and significant information.

The MoU is effective from the date of signing on December 17, 2013, until December 31, 2016, but may be extended by mutual agreement.

For more information, see the press release and the full text of the MoU on the IIRC's Web site.

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