Bob Eccles
A New Standard: the Sustainability Accounting Standards Board
One of the Capital Institute’s eight over-arching goals is a transition to new metrics of social and environmental wellbeing. Much great work has already been done on the private sector component of this issue by groups like the Global Reporting Initiative, the Initiative for Responsible Investment, the International Integrated Reporting Committee, the United Nations Principles for Responsible Investment, Global Initiative for Sustainable Ratings, and many others. These efforts all contribute to the public recognition that our current economic indicators are an insufficient compass for navigating the problems of critical resource scarcity and growing social disparities. But none of these projects has been able to build a coalition and model large enough to solve the problem in total.
