The Sustainability Accounting Standards Board, or SASB, is an independent organization focused on developing and disseminating sustainability accounting standards. Bryan Esterly, who leads standards development for the infrastructure sector, which includes the real estate and utilities industries, was recently interviewed by Mike Consol, editor of Real Assets Adviser, for an IREI Podcast. Esterly’s role includes research and collaboration with industry and investors to drive the standardization of financially material sustainability information in corporate reporting. The following is an edited version of their conversation, and the full interview can be heard here.

Why are financials in and of themselves not adequate for evaluating a company’s performance?

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