New Sustainability Accounting Service from SASB
As more investors demand more sustainability information from companies, more businesses are disclosing sustainability data. In 2014, 75 percent of S&P 500 companies produced a CSR or sustainability report, compared to 20 percent in 2011. In response to this trend, nearly 75 percent of portfolio managers and analysts now include ESG factors in their investment decisions. Those are the facts outlined by Douglas Park, writing in Corporate Counsel about “Why More Companies are Reporting on Sustainability.” And those are the trends spurring Park, the director of legal policy and outreach at the Sustainability Accounting Standards Board, to announce a new sustainability credential, “The Fundamentals of Sustainability Accounting.” This advanced education and training for financial professionals re. sustainability issues is coming to market just in time.
John Howell, Editorial Director
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