Energy and Environment

Sustainable Development

Paper | The Initiative on 21st Century Capitalism

The SEC and Capital Markets in the 21st Century: Evolving Accounting Infrastructure for Today’s World

September 23, 2014, Robert Eccles and Jean Rogers

For the latest paper in the Initiative on 21st Century Capitalism series, Robert Eccles and Jean Rogers detail the importance of the Sustainability Accounting Standards Board (SASB), created in 2010 to fill the market need for standardized sustainability disclosure. The authors detail the ways industry has begun to coalesce behind a broader movement to create industry-specific sustainability accounting standards and how this work can build on existing regulations and standards in order to help companies face new challenges today.