SASB Announces Data Provider Partner Program

SAN FRANCISCO, July 15, 2015 /PRNewswire-USNewswire/ -- The Sustainability Accounting Standards Board™ (SASB)™, a 501c3 non-profit organization that provides sustainability accounting standards for use by publicly listed corporations in the U.S, today announced the launch of the Data Provider Partner Program, which will give investors access to high-quality information on corporate sustainability performance. 

Through the Data Provider Partner program, organizations license the right to integrate SASB's framework into their platforms, resulting in access to quality data on material factors that correlate to SASB standards. This data will facilitate the analysis of a company's sustainability performance relative to its peers and industry benchmarks.

Investors and analysts have access to an extraordinary volume of ESG data through public and proprietary platforms, but little insight into what factors are likely to drive financial performance. SASB standards help investors identify these factors, which vary by industry and are a small subset of what is currently reported by companies. Harvard Business School research confirms companies that perform well on key sustainability issues enjoy enhanced market returns over firms that perform poorly.

"We hear again and again that investors want to use sustainability information, but that the data available is overwhelming and not investment-grade," says Dr. Jean Rogers, Founder & CEO of SASB. "By incorporating SASB's framework into third-party platforms, the Data Provider Partner Program is the next step in improving the quality, focus, comparability, and accessibility of the information available to investors."

SASB is proud to announce the first partner in the program, B Lab. Through this partnership, investors will be able to directly request (via B Lab's B Analytics tool) that companies disclose on certain SASB metrics. B Analytics—a data platform for measuring, benchmarking, and reporting on impact—allows investors to benchmark their portfolio's impact performance against third-party metric sets.

To request information on the Data Partnership program, please contact [email protected].

About SASB

The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that issues industry-specific standards for use in disclosing material sustainability information in filings to the Securities and Exchange Commission. Michael R. Bloomberg, founder of Bloomberg LP, and Mary Schapiro, former SEC chairman, serve as chair and vice chair of SASB's Board of Directors, and Dr. Jean Rogers serves as Founder and CEO. More than 2,800 individuals representing $23.4T assets under management and $11T market capital have participated in multi-stakeholder industry working groups informing standards development. For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.

Media Contact
Amanda Medress
Associate Director, Communications
[email protected] 
415-830-9220

SOURCE Sustainability Accounting Standards Board (SASB)

Related Links

http://www.sasb.org

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