SASB issues provisional standards for infrastructure industries
31 Mar 2016
The SASB has issued provisional standards for the infrastructure industries. The standards are part of a planned series of industry-related SASB standards on accounting for environmental, social, and governance issues that could be material to a corporation’s performance. The standards focus on material sustainability matters that corporations are already required to disclose in their Form 10-K or 20-F filings with the SEC.
The standards apply to the following industries:
- Electric utilities
- Engineering and construction services
- Gas utilities
- Home building
- Real estate ownership, development, and investment trusts
- Real estate services
- Waste management
- Water utilities
The Board’s first nine sets of provisional standards focus on communications, consumption I, consumption II, financials, health care, nonrenewable resources, provisional services, resource transformation and transportation.
The new provisional standards and corresponding industry briefs are available on the SASB’s website.
