We are thrilled to see the Investment Company Institute, under the leadership of Eric Pan and George Gatch, stepping to the plate to back the Sustainability Accounting Standards Board. Having invested considerable time in 2013-2014 recruiting several Board members for SASB, we are long standing supporters for a more organized and disciplined approach to ESG and sustainability reporting. ICI’s support is a critical turning point towards materiality as a fundamental standard and expectations that provides certainty to businesses, investors and their advisors. Another positive step in a long journey to a more sustainable global capital markets framework. By Eric J. Pan

View Article at Marketwatch.comView P&I ArticleView PDF | Recommendations of the Task Force on Climate-related Financial Disclosures