SASB to merge with IIRC.

Financial services provider Sustainability Accounting Standards Board agreed to merge with International Integrated Reporting Council, a coalition of regulators, investors, companies, standard setters, the accounting profession, academia and NGOs. Financial terms were not disclosed. The merger will result in the formation of Value Reporting Foundation, a corporate reporting framework provider. "Sustainability disclosure is at the top of the agenda for many, creating incredible momentum towards simplifying the corporate reporting landscape. By merging two organizations focused on enterprise value creation, we hope to clarify the field. We stand ready to engage with the efforts of the IFRS Foundation, IOSCO, EFRAG, and others working towards global alignment on a corporate reporting system," Janine Guillot, SASB CEO.