By more closely aligning the IIRC and the SASB Standards, the Value Reporting Foundation, the aim is to make it easier for companies to communicate their long-term strategy and to provide a comprehensive suite of resources designed to help businesses and investors develop a shared understanding of enterprise value—how it is created, preserved or eroded over time.
The aim is further to accelerate the progress towards a global, standardized, comparable and comprehensive corporate reporting system and to enable companies to take climate and human capital better into account and, thus, improving environmental, economic and social outcomes.
