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PESA Petroleum Equipment & Services Association : Federal Government Addresses Carbon Emissions on Multiple Fronts

SASB Advances Structured ESG Disclosure Via Issuing SASB XBRL Taxonomy For Public Comment

SASB Advances Structured ESG Disclosure Via Issuing SASB XBRL Taxonomy For Public Comment Date 02/03/2021 Today the Sustainability Accounting Standards Board (SASB) announced that the SASB eXtensible Business Reporting Language (XBRL) taxonomy is now open for a 60-day public comment period. SASB engaged PwC to support in the development of an XBRL taxonomy encompassing SASB’s 77 industry Standards. By integrating into the common language for business reporting, the SASB XBRL taxonomy can further enhance the quality and usefulness of SASB disclosures. “SASB-aligned disclosures in the structured XBRL format will allow for easier collection and comprehensive analysis of non-financial data,” says Matthew Welch, SASB President and COO. “This development is especially important as key regions around the world move to encourage structured reporting of sustainability information, just as they have done with financial information.”

The Sustainability Accounting Standards Board (SASB) selects SDL to provide the scalable content management needed to support growing global use of SASB Standards

(1) Tridion will reduce complexity of creating, managing, and delivering content to users SDL, part of RWS Holdings plc, today announces that the Sustainability Accounting Standards Board (SASB) has chosen Tridion to power its digital transformation as part of its efforts to facilitate the global growth and adoption of its environmental, social and governance (ESG) disclosure standards. SASB is an independent nonprofit organization that sets standards to guide the disclosure of financially material sustainability information by companies to their investors. SASB Standards identify a subset of environmental, social and governance issues most relevant to financial performance across 77 industries. Global investors recognize SASB Standards as a core component of a company s ESG disclosure.

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