Companies in the technology and communications sector now have some new standards to consider on how to report on material sustainability issues.
The sustainability standards for the technology and communications sector, released today, marks the third set in a planned industry-focused series of standards by the Sustainability Accounting Standards Board that tells companies how to account for environmental, social, and governance (ESG) matters that would be material to the company’s performance. The non-profit board, funded by a handful of foundations, has conducted research to determine what sustainability issues would be regarded as material, then developed standards working with industry representatives on how to report on them.
