Are sustainability factors material to the company? There's now a credential for the financial professionals charged with analyzing such issues.
The Sustainability Accounting Standards Board (SASB), a non-profit organization, has established a credential to help professionals identify the issues that can impact the financial performance of a company.
The Fundamentals of Sustainability Accounting (FSA) Credential consists of a two-part test: a Level I exam, which focuses on principles and practices and the Level II exam, which emphasizes application and analysis. The Level I exam is now available, and the second part will be launched in 2016.
“The markets need professionals who can identify what sustainability information is material to a company, and use that information to make better decisions,” said Jean Rogers, SASB's founder and CEO.