IIRC and SASB Announce Intention to Merge
26 November 2020
The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) have announced their intention to merge into a single organisation, the Value Reporting Foundation. The new organisation intends to provide investors and corporates with a comprehensive corporate reporting framework across the full range of enterprise value drivers to drive global sustainability performance.
The announced merger advances the work of IIRC, SASB and other organisations (e.g. GRI, CDP and CDSB) in creating a comprehensive corporate reporting system.
Janine Guillot, CEO of the SASB stated that the merged organisation stands ready to engage with the efforts of the IFRS Foundation, IOSCO, EFRAG and others working towards global alignment on a corporate reporting system.
The full press release may be accessed here.