SAN FRANCISCO, May 17, 2017 /PRNewswire/ -- The Sustainability Accounting Standards Board (SASB), the independent standard setter for material sustainability information, today announced David Post will serve as its new Director of Research.
A key member of the leadership team, the Director of Research reports to the Chair of the SASB Board and oversees research, analytics, and consultation pertaining to financially material sustainability risks and opportunities. The Director of Research is responsible for identifying emerging issues, testing materiality, and strengthening the quality of evidence for topics that are included in SASB standards, as well as overseeing a team of 11 analysts.
David Post has been an equity portfolio manager and research analyst for over twenty years, during which time he led the equity research departments of two multi-billion dollar AUM firms. He has researched, invested in and visited companies in nearly all sectors. Most recently, David was a Client Portfolio Manager for TIAA Global Asset Management, where he focused on four environmental, social, and governance (ESG) strategies. David Post holds a BS in Applied Economics and Management from Cornell University, an MBA in Finance from Columbia University and is a Chartered Financial Analyst.
"I am honored to take on the role of Director of Research and lead SASB's outstanding team of sector analysts," says David Post. "I look forward to overseeing SASB's rigorous research, analytics, and consultation process, which is designed to assess the financial materiality of ESG risks and opportunities and develop standards for disclosure. SASB's work is changing the way companies report, and therefore, how they are run, which benefits not only investors but society."
"David's extensive experience engaging with companies and investors, managing research analysts, and driving active investment processes make him an ideal candidate for the Director of Research Role," says Dr. Jean Rogers, Chair of the SASB Standards Board. "We are thrilled to welcome David as SASB's new Director of Research."
About the SASB
Established in 2011, the Sustainability Accounting Standards Board (SASB) is an independent standards-setting organization dedicated to enhancing the efficiency of the capital markets by fostering high-quality disclosure of material sustainability information that meets investor needs. The mission of the SASB is to maintain sustainability accounting standards that help public corporations disclose material information to investors in SEC filings, such as the Forms 10-K, 20-F, and 40-F, in a cost-effective and decision-useful manner. The SASB maintains standards for 79 industries, focusing on sustainability-related factors that are reasonably likely to have financially material impacts. SASB's mission is accomplished through a rigorous process that includes evidence-based research and broad, balanced stakeholder participation. The SASB Standards Board is comprised of nine members with diverse backgrounds encompassing capital markets regulation and policy, investing, financial accounting, securities law, corporate finance, and sustainability matters. The Standards Board is responsible for setting the standards, maintaining technical agendas, responding to stakeholders, and proposing updates to the standards.
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SOURCE Sustainability Accounting Standards Board (SASB)