OnDemand

How Sustainability Disclosure Can Help Improve Financial Performance and Meet Investor Demand

Price: $224 OnDemand

MEET THE SPEAKERS
Douglas Park, JD, PHD
Director of Legal Policy & Outreach, Sustainability Accounting Standards Board

DESCRIPTION

For decades, investor decision-making has been governed by information in financial statements. But the world is now a very different place—facing megatrends such as population growth, food scarcity, climate change, and resource constraints—and financial accounting alone can no longer capture the complete picture of a company’s value. In today’s world, how effectively a company addresses sustainability issues can impact its financial position and future prospects. Yet despite increasing investor demand for comparable sustainability information, corporate reporting today fails to systematically account for changes in non-financial value drivers that investors need to make decisions. The Sustainability Accounting Standards Board (SASB) arose to fill a market need for comparable, standardized information on these increasingly significant sustainability factors. During this program, learn how SASB standards help companies improve performance on key sustainability issues and meet disclosure requirements and requests. See how SASB standards helps investors identify risks/opportunities in their portfolios and benchmark companies in a given industry. Understand where the evolution of corporation sustainability disclosure is heading and prepare yourself to adapt accordingly. 

Educational Objectives:
•Clarify the legal basis for the disclosure of material sustainability information
•Describe rising investor demand for material sustainability information  
•Provide an overview of SASB’s mission and standards development process 
•Explain how companies, investors, accountants, and lawyers can use SASB standards
•Discuss SASB’s current status and market adoption initiatives

 

Who Would Benefit Most From Attending This Event?
Tax attorneys; financial and estate planners; CPAs; professionals who advise clients on wealth management; trust officers; accountants and sophisticated clients.




SPEAKERS

DOUGLAS PARK, JD, PHD, DIRECTOR OF LEGAL POLICY & OUTREACH, SUSTAINABILITY ACCOUNTING STANDARDS BOARD

Douglas Park leads the development of SASB’s positions on legal and regulatory matters and engages with lawyers, governance professionals, board members, and others on these issues. Before joining SASB, Doug advised executives, board members, and investors on corporate governance, corporate and securities law, and strategy. He has litigated securities cases and consulted to companies on organizational behavior.

 

Doug has been an assistant professor of management at the Hong Kong University of Science and Technology, School of Business and Management, where he taught Strategy and Organization Theory and received several citations for teaching excellence. He has also taught at the Stanford University Continuing Studies Program.
He serves as Chair of the American Bar Association’s Non-Financial Disclosure Committee, a Member of the Sustainability and Governance Subcommittee, and a Member of the Evaluation Committee of the BlackRock/NACD Corporate Governance Innovation Challenge. Super Lawyers named Doug a Rising Star in Corporate Governance and Compliance.

 

Doug holds a JD from University of Michigan Law School, a PhD in Business from Stanford Graduate School of Business, and an AB magna cum laude with highest honors in Sociology from Harvard College.