SAN FRANCISCO and CHICAGO, June 9, 2015 /PRNewswire/ --
CRedit360 software adds SASB reporting framework for sustainability accounting
Companies use CRedit360's leading sustainability software to access SASB disclosure guidance, collect and compile data for SASB reporting, and maintain the data for auditors to view and assess accuracy. A recently published HBS study found that companies that invest in material sustainability factors - as classified by SASB's disclosure topics - enjoy significantly higher accounting and market returns.
"As investor demand for comparable environmental, social, and governance (ESG) disclosure increases, businesses can benefit from standardized metrics and efficient technical solutions," says Dr. Jean Rogers, SASB CEO and Founder. "Our partnership with CRedit360 will help companies use SASB standards to comply with Regulation S-K and improve their disclosure effectiveness as well as sustainability performance."
Efrain Quiros, VP of Partnerships, CRedit360, adds: "As many companies seek to apply more rigor to the management and disclosure of the non-financial information that is material to their business, CRedit360 was keen to partner with SASB to make this reporting standardand technical solution available for our clients. SASB metrics enable our customers to measure, manage, and report the sustainability data most essential to value creation."
CRedit360's integrated software solution empowers companies to accurately capture, manage, and report the sustainability and EHS information needed to drive performance across all business areas and enhance shareholder value. The CRedit360 Corporate Reporter tool streamlines the process of requesting, reviewing, and collating responses in-line with various reporting frameworks and provides a central online framework repository to cover all sustainability reporting needs.
CRedit360 provides companies with a 360-degree view of EHS, Compliance, Energy and Carbon, Corporate Social Responsibility and Supply Chain information. Our integrated software solution empowers companies to accurately capture, manage, and report the sustainability and EHS information needed to ensure compliance and drive performance across all business areas.
Headquartered in Cambridge UK, with offices in the United States and New Zealand, CRedit360 serves over 200 clients including McDonald's, Philips, Staples, and British Airways, and is a recognized leader and innovator in sustainability & EHS management solutions. CRedit360 was recently named as a global leader in both sustainability management software and EHS software by independent analyst firm Verdantix. For further information, please visit credit360.com.
The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that issues industry-specific standards for use in disclosing material sustainability information in mandatory filings to the Securities and Exchange Commission. Michael R. Bloomberg, founder of Bloomberg LP, and Mary Schapiro, former SEC chairman, serve as chair and vice chair of SASB's Board of Directors, and Dr. Jean Rogers serves as Founder and CEO. More than 2,800 individuals representing $23.4T assets under management and $11T market capital have participated in multi-stakeholder industry working groups informing standards development to date. For more information about SASB, visit http://www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.
For more information:
Measures Consulting (for Credit360)