SUST4IN welcomes the Spanish translations of all 77 SASB industry standards
March 26, 2021. SUST4IN, experts on sustainability, is pleased to support the announcement by Sustainability Accounting Standards (SASB) of the Spanish translations for it’s 77 industry Standards. The translated industry standards follow the publication of Spanish translation of the SASB Standards Application Guidance and Implementation Primer, which were released in November 2020. SUST4In collaborates SASB since 2014 and it is part of SASB’s Consultant Content Program. The program is designed to help consultancies offer their clients with up-to-date information about SASB and the role the organization plays within the broader ASG (environmental, social and governance) disclosure ecosystem. To know more, click here.
“Growing global attention on sustainability disclosure is increasing use of SASB Standards by companies around the world. To meet this international demand, we are pleased to start publishing translated industry standards, starting with Spanish and with additional languages soon to follow”, has said SASB CEO Janine Guillot.
“We welcome the Spanish translations of the SASB industry standards as it will greatly facilitate their understanding and use by Spanish speaking investors and companies. SASB standards are useful even when there are no explicit requirements to use them: they help set harmonized material issues and metrics”, added Marcio Viegas, founder and managing director, SUST4IN.
SASB reporters domiciled in Spain include Banco Santander, Repsol, Grifols, Endesa, Sacyr, and Red Electrica.In Latin America, CEMEX, Televisa Fibra Uno (in Mexico), Mercado Libre and Arcos Dorados (in Argentina and Uruguay) stand out. SASB, founded in 2011, connects companies and investors about the financial impacts of sustainability. Its 77 standards are used around the world to identify, manage and communicate sustainability information to investors.
The use of SASB Standards by international companies is growing. Of the 665 companies who have reported SASB metrics, 41% are domiciled outside of the U.S. Increasing corporate use of SASB Standards is propelled by increasing demand from global investors. 210 institutional investors representing $70 trillion in assets under management and 22 countries support SASB and/or use SASB Standards to inform their investment decision-making.
SUST4IN has recently organized its VI International Conference on “Non-Financial” Information, supported by SASB and with the participation of the CNMV, BlackRock, PRI, Spainsif and others, in which the increased demands for transparency by regulators have been highlighted. and investors. To find out more in spanish click here.