IIRC and SASB officially merge

  • IIRC (International Integrated Reporting Committee) (green) Image
  • SASB (Sustainability Accounting Standards Board) (green) Image

10 Jun 2021

The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have officially announced their merger to form the Value Reporting Foundation (VRF).

The VRF supports business and investor decision-making with three key resources:

  • Integrated Thinking Principles,
  • Integrated Reporting Framework, and
  • SASB Standards.

These tools are intended to enable organisations to move from buy-in to action. By more closely aligning the Integrated Reporting Framework and the SASB Standards, the VRF will make it easier for businesses to communicate their long-term strategy and provide a more comprehensive view of business performance to investors and other providers of capital.

The VRF is also committed to the delivery of a more coherent corporate reporting system by working closely with the IFRS Foundation and other leading framework providers and standard-setters around the world.

Please visit the new VRF website for more information and a list of statements from business leaders. 

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