CHICAGO, June 10, 2016 /PRNewswire/ -- Goby Inc., an energy and data management technology company, today announced their Advisory Partnership with The Sustainability Accounting Standards Board™ (SASB™), a 501c3 non-profit organization that provides sustainability accounting standards for use by publicly listed corporations in the U.S. SASB launched its Advisory Partner Program in March 2016 to support corporate and investor application of SASB's standards and related guidance.
As investors increasingly use and demand ESG information, companies are taking steps to strengthen their management and disclosure of sustainability risks and opportunities. SASB Advisory Partners are positioned to play a primary role supporting this evolution of the capital markets by offering the expertise, tools, and perspective to effectively support the consideration and application of SASB standards.
"Now that SASB's first set of provisional standards is nearly complete, we're increasingly focusing on supporting use of the standards by companies and investors," says Dr. Jean Rogers, CEO and Founder of SASB. "We developed our Advisory Partnerships to formalize our support for those advancing the application of accounting standards to manage and report sustainability risks and opportunities. Each advisory partner was selected as offering the perspective, proprietary tools, and expertise to help interested companies and investors find value from using SASB standards."
"Last year we published the Implementation Guide, which offers reporting professionals practical guidance on using SASB standards," says Robert Herz, Former Chair of the Financial Accounting Standards Board (FASB). "The Advisory Partner Program offers hands-on support for companies looking to select appropriate sustainability accounting standards for their organization and effectively embed them into core management and reporting functions."
"Goby is proud to have been selected by SASB to be a part of this important advancement in the capital markets," says Chris Happ, CEO at Goby. "As a SASB Advisory Partner, we can help companies by providing them with reliable ESG data and streamlining their processes. SASB's focus on data integrity aligns with Goby's mission to maximize our clients' assets and market value through the optimal performance of their real estate and operations via our SeaSuite platform."
On March 30, SASB issued its last set of provisional standards, marking the complete set of provisional standards for 79 industries in 10 sectors complete. SASB is currently in a period of deep consultation to get feedback on the standards' decision-usefulness and cost-effectiveness.
About Goby Inc.
Goby Inc. is the recognized North American leader in enabling Better Run Buildings™. Its award-winning SeaSuite Software as a Service platform consistently places Goby at the national forefront of ENERGY STAR benchmarks, LEED certifications, and GRESB reporting. Goby provides visibility into building performance by capturing and distilling multiple data sources into simple, contextualized dashboards, tasks, and reports, which helps its customers cost-effectively monitor and optimize whole-building and whole-portfolio energy and sustainability performance.
SeaSuite® users annually manage more than 500 million square feet from the cloud. As a result of Goby's outstanding contributions to energy and greenhouse gas reduction, the U.S. EPA has recognized Goby with an ENERGY STAR Sustained Excellence Award, after achieving Partner of the Year in 2014, 2015, and 2016. For more information visit www.gobyinc.com.
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 representing $23.4T assets under management and $11T market capital have 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.
SASB - Amanda Medress
Director of Communications
(415) 830-9220 ext. 106
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SOURCE Goby Inc.