Standards
An independent US not-for-profit organization that sets sustainability accounting standards.
What is the sustainability Accounting Standards Board?
Provides management with a reflection of the company's operations
What are internal audits?
This involves the examination of truths and fairness of sustainability statements of company by an indidividual who is independent of the organization, against a given criteria or framework.
What is an external Audit?
Environment, Social Capital, Human Capital, Business model and innovation, Leadership and governance.
What constitues the SASB conceptual framework?
This is a simple method of day-to-day evaluation of sustainability performance. Usually done without much prior notice.
What are spot checks?
A formal method by which shareholders can exercise their right to express their views on a variety of issues pertaining to the company.
What is shareholder and proxy voting?
The standards are designed to assist public corporations decide which information is useful, relevant, and material to be disclosed to their investors in their Securities and Exchange Commission (SEC) filings.
What is the value of SASB framework?
It provides a standardized method of reporting issues, identify potential risks, and track actions to mitigate certain issues and risks.
What is a sustainability reporting structure?
An informal method of sensing the opinions of stakeholders on issues of a company’s operations that are of concern to them.
What is stakeholder feedback?
A report that companies make relating to a certain sets of standards that have been applied
What is "In accordance" GRI reporting?
This assist companies bolster their green credentials and responsible business practices by scoreing companies on their performance along environmental, social, and governance factors (ESG).
E.g. Financial Times Stock Exchange’s FTSE4 Good Index Series
What are sustainability Indices, ranking and awards?