{"id":67521,"date":"2023-06-29T00:00:00","date_gmt":"2023-06-29T07:00:00","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=67521"},"modified":"2023-06-29T04:43:35","modified_gmt":"2023-06-29T11:43:35","slug":"sasb-report-builder","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/news\/stories\/sasb-report-builder\/","title":{"rendered":"Salesforce Expands Net Zero Cloud with ESG Report-Building Feature"},"content":{"rendered":"\n

Today, Salesforce introduced the SASB Report Builder for Net Zero Cloud<\/a>. This new feature empowers organizations to automate the disclosure of environmental, social, and governance (ESG) data in alignment with the International Financial Reporting Standards (IFRS) Foundation\u2019s SAS<\/a>B Standards<\/a>, which identify ESG issues most relevant to enterprise financial performance and value.<\/p>\n\n\n\n

\u201cExpanding Net Zero Cloud with the SASB Report Builder is a significant next step toward helping organizations automate and streamline their ESG reporting process. Moving forward, we see tremendous potential in the power of generative AI to drive further ESG reporting efficiencies and to add value for our customers \u2014 helping them save time and costs while improving the state of the world,\u201d said Ari Alexander, VP and GM, Salesforce Net Zero Cloud.<\/p>\n\n\n\n

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Moving forward, we see tremendous potential in the power of generative AI to drive further ESG reporting efficiencies and to add value for our customers \u2014 helping them save time and costs while improving the state of the world.<\/p>\nAri Alexander, VP and GM, Salesforce Net Zero Cloud<\/cite><\/blockquote>\n\n\n\n

Significance:<\/strong> With climate-related disclosure regulations like the E.U.’s Corporate Sustainability Reporting Directive<\/a> and the proposed U.S. Securities and Exchange Commission climate rule<\/a>, companies are under increased pressure to report high-quality ESG data using differing standards and rules. However, many companies view ESG reporting as an operational challenge, citing \u201cinconsistent and unreliable data\u201d and a lack of clear global reporting<\/a> standards as pain points.\u00a0<\/p>\n\n\n\n

Go deeper<\/strong>: The IFRS Foundation\u2019s International Sustainability Standards Board (ISSB) recently published<\/a> its inaugural standards to establish a global baseline for reporting, with the SASB Standards serving as a key resource for high-quality implementation of the ISSB Standards. As the latest addition to the Net Zero Cloud Disclosure and Compliance Hub<\/a>, the SASB Report Builder prioritizes ESG topics in accordance with the SASB\u2019s industry-based standards, enabling organizations to better measure, manage, and disclose ESG data for their specific industry. <\/p>\n\n\n\n