According to latest standards and compliance news concerning corporate environmental and energy executives, the Sustainability Accounting Standards Board has been granted ANSI accreditation ahead of its inaugural meeting. An independent council of experts in standards development, securities law, environmental law, metrics and accounting will observe and supervise the development of industry-specific standards for relevant sustainability issues at the industry level. The standards are to measure and disclose environmental, social and governance performance.
The number of of S&P 500 and Fortune 500 companies in the area of environmental and social responsibility as well as governance has doubled from 2010 to 2011, according to Governance and Accountability Institute. More information on the topic you can find in following article.