US Sustainability Accounting Standards Board officially launched

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05 Oct 2012

The Sustainability Accounting Standards Board (SASB) has been formally announced on 4 October 2012. The organisation was created to establish an understanding of material sustainability issues facing industries and create sustainability accounting standards suitable for disclosure in standard filings, such as the Form 10-K and 20-F.

SASB plans to incorporate their standards into SEC rules for all publicly held companies, governing the specific kinds of sustainability information companies must disclose, how to disclose it.

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