PwC submitted a comment letter supporting the SASB’s conceptual framework exposure draft.
We believe the SASB’s conceptual framework represents an important addition to the debate on the future of corporate reporting. Good corporate reporting is central to the effective functioning of the capital markets and we support voluntary initiatives that meaningfully contribute to this discussion. From our initial review, we believe that the SASB’s guidance will provide valuable insight to companies as they assess the materiality of information for inclusion in their corporate reporting.
While we are optimistic about the SASB’s contribution, we encourage the SASB to consider the following: