“To facilitate corporate use of SASB standards in SEC filings in compliance with Regulation S-K, we need world-class standards as well as world-class technical resources for companies,” says Dr. Jean Rogers, SASB CEO and founder.
San Francisco, CA (PRWEB) October 30, 2014
CSRware is a founding SASB Enterprise Resource Platform (ERP) software partner and is licensed for delivery of SASB content. Now, companies can use CSRware to integrate SASB metrics and other environmental sustainability data into their disclosure reporting all on one platform.
CSRware provides the ability to track, measure and report a company’s risk and performance using SASB metrics, provide access to SASB disclosure guidance, and note analysis alongside data for auditing purposes. When companies use the CSRware software module, auditors will be able to view SASB-specific data and assess its accuracy, in addition to evaluating internal controls. Data tracking with CSRware will also allow stakeholders visibility into metrics analysis and will allow them to use that data for their management and investment decisions.
Investor demand for environmental, social and governance disclosure is increasing. As a result, many companies seek to apply more attention to the management and disclosure of non-financial information that is material to their business.
“To facilitate corporate use of SASB standards in SEC filings in compliance with Regulation S-K, we need world-class standards as well as world-class technical resources for companies,” says Dr. Jean Rogers, SASB CEO and founder. “We are proud to be partnering with CSRware in order to help companies integrate SASB standards into their existing disclosure processes.”
“We are very excited to be selected as one of the first SASB partners! SASB standards help companies disclose non-financial data in a cost-effective, comparable manner that helps investors assess the long-term viability of a publicly traded company,” said Karen Alonardo, Chief Executive Officer for CSRware. “Our partnership with SASB brings non-financial metrics together on one platform for companies wanting to report using SASB metrics in a simple, accurate and consistent manner. Companies will now be able to measure sustainability opportunities, performance and risk through dashboard Analytics designed for the C-Suite.”
CSRware Sustainability Accounting Support
CSRware is a powerful environmental sustainability compliance platform that leverages its technology and domain expertise with software and advisory assistance to map data needs, drive data automation, manage calculations and ensures no customization to make SASB adoption manageable for your organization. CSRware will allow your company to track, measure and meet compliance requirements by offering a user-friendly, flexible and innovative platform. CSRware products adhere to SEC standards like Dodd-Frank for Conflict Minerals Management, SASB and other environmental sustainability reporting frameworks. In addition, the CSRware Sustainable Supply Chain solution uses similar metrics to improve performance for the supply chain to reduce costs, risk and enhance supplier engagement.
The Sustainability Accounting Standards Board™ (SASB)™ is an independent 501(c)3 organization that develops 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 1,890 individuals representing $21T assets under management and $9.5T 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.
CSRware, Inc. was founded in 2006 as a California corporation. As an early leader in the software development of energy and sustainability management, CSRware has engaged many companies and their supply chains such as Bloomberg, Electronic Arts, Salesforce.com, Juniper Networks, Verisign, Kohl’s Department Stores, City of Charlotte, DyStar and others to develop a solution that focuses on ease-of-use, flexibility and limited customization. For more information about the CSRware SASB Module, visit us at http://www.CSRware.com/#sasb.