Better access possible to data, disclosure analysis
SAN FRANCISCO — The Sustainability Accounting Standards Board™ (SASB on “Thursday launched the SASB Navigator, a platform that combines financially material sustainability information with data and analytics to help users understand and analyze industries’ and companies’ sustainability performance and disclosure.
The SASB Navigator provides asset owners, asset managers, corporate professionals, lawyers, consultants, and accountants with actionable material information not available anywhere else. On the SASB Navigator, users can analyze disclosure quality of SASB topics for 4,000+ companies’ public filings, examine and benchmark against industry performance for SASB metrics, access evidence of financial impact, and receive topic alerts to stay informed on emerging evidence.
“The redesigned Standards Navigator is a big step forward—as ESG disclosure continues to advance, it’s not hard to see this tool becoming a primary resource for preparers navigating new disclosure expectations,” saysBrigham McNaughton, Director, Sustainable Business Solutions at PwC.
As a complement to industry performance data on SASB metrics, Bloomberg will make the first-ever SASB data set available to the market through the Bloomberg Terminal. Terminal users will now be able to see where companies are already disclosing on SASB metrics by running the Bloomberg Environmental, Social, and Governance Data Snapshot template at XLTP XESG and selecting the SASB dropdown in the KPIs tab.
Barbara Pomfret, ESG Product Manager at Bloomberg, says “the SASB module in the Bloomberg ESG data snapshot tool (XLTP XESG) offers Bloomberg Terminal users the first comprehensive insight into company reporting on SASB metrics, drilling down into the individual company performance ranges that drive the SASB Navigator. SASB’s extensive data set is providing unique insights that will further aid Terminal user’s decision-making around ESG metrics.”
SASB launched the Standards Navigator in late 2014. Two years later, the organization has issued provisional standards for 79 industries, built out the evidence base supporting their materiality, and analyzed SEC filings to see how sustainability disclosure is improving over time. This research and analysis is now available in the newly expanded Navigator, which is available for an annual subscription rate. A fourteen-day free trial is now available.
“The SASB Navigator represents a major stride forward in the effort to establish standards for disclosure and transparency in corporate reporting,” says Erika Karp, Founder and CEO of Cornerstone Capital Group. “As we come to terms with the complexity of the analytics around environmental, social and governance (ESG) performance and value drivers, there must be a starting point for the journey towards predictive insight. The starting point is here.” – USNewswire