SAN FRANCISCO, May 2, 2016 /PRNewswire-USNewswire/ -- The Sustainability Accounting Standards Board (SASB) today announced its registration with the CFA Institute as an Approved Provider of continuing education programs for CFA Institute members. CFA members that complete SASB's Fundamentals of Sustainability Accounting (FSA) Credential may self-document up to 20CE credits for each of the two FSA exam levels obtained.
Sustainable investing is one of the fastest-growing segment in the investment industry. 78% of asset owners say ESG is a top five factor for manager selection. The FSA Credential helps analysts serve this growing market by providing training on how to identify, manage, and analyze the sustainability issues that affect the financial performance of a company.
"SASB is proud to join the selective group of providers whose training programs meet the CFA Institute's rigorous standards for quality," says Dr. Jean Rogers, SASB Founder and CEO. "Our partnership with the CFA Institute reflects our commitment to help analysts understand how to integrate non-financial risk into investment decisions."
"The investment world is constantly evolving and changing. If you're not learning, you're falling behind," says Christopher J. Ailman, Chief Investment Officer at The California State Teachers' Retirement System (CalSTRS). "As a CIO, I believe SASB standards will be part of our future investment curriculum. The FSA Credential is an excellent way for CFA charter holders to get the ESG knowledge that they'll need to remain competitive in this quickly-evolving field."
The FSA Credential is comprised of two levels, Level I (principles and practices) and Level II (application and analysis). Level I launched in October 2015, and Level II will debut in summer 2016. To learn more about the FSA, visit http://fsa.sasb.org/.
The Sustainability Accounting Standards Board™ (SASB™) is an independent 501(c)(3) organization that issues industry-specific standards for use in disclosing material sustainability information in 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 2,800 individuals affiliated with $23.4T assets under management and $11T market capitalization participated in multi-stakeholder industry working groups informing standards development. For more information about SASB, visit www.sasb.org, or follow us on YouTube, Twitter or LinkedIn.
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SOURCE Sustainability Accounting Standards Board (SASB)