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SASB publishes exposure drafts on financial sector sustainability reporting

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09 May 2013

The United States Sustainability Accounting Standards Board (SASB) has released proposed sustainability accounting standards for the financial sector.

The proposed sustainability accounting standards are set out as a number of exposure drafts, industry briefs and public comment surveys in each of the following sectors: asset management and custody activities, investment banking and brokerage, commercial banking, consumer finance, mortgage finance, security and commodity exchanges and insurance.

The exposure drafts are the second in a series, following earlier proposals for the health care sector.  The financial sector proposals are open for a 45 day comment period, which closes on 14 June 2013.

Click for SASB press release (link to SASB website).

Note: On 4 November 2013, the SASB added a second public comment period (15 November to 27 December 2013) for these exposure drafts given the high volume of informal and formal feedback it received on them (press release on SASB website).

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