Sustainability Accounting Standards Board
"Risk to a long-term investor is more multifaceted than volatility." That's what Janine Guillot, the CEO of the Sustainability Accounting Standards Board, says when asked about her role in pushing the path of sustainable investing forward.
Guillot is bridging the gap between asset managers' aspirations of integrating environmental, social, and governance issues into decision-making, and their subsequent implementation. She is doing so with the support of firms that collectively manage over $34 trillion in assets.
Guillot's aim is simple: Put consistent, comparable, and reliable data into the hands of those allocating billions in a cost-effective, scalable way.
To do so, she leans on a set of evidence-based, market-informed, and proprietary standards to gauge the risks and returns associated with an industry's sustainability. This provides investors and companies with a benchmark to gauge performance as it relates to managing sustainability issues. Today, SASB has developed standards for 77 different industries.
"We really think that SASB is a tool for making better capital allocation decisions by understanding the connection between sustainability and financial performance," she says. "I think this is a structural shift in how investors look at companies."