IIRC and SASB sign cooperation agreement

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17 Jan 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) which seeks to formalise the principles for ongoing cooperation, coordination and alignment between the two organisations.

The MoU seeks to assist both organisations 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 17 December 2013 until 31 December 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 website.

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