This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ingersoll Rand Joins Advisory Council Of Sustainability Accounting Standards Board (SASB)

Ingersoll Rand (NYSE:IR), a world leader in creating and sustaining safe, comfortable and efficient environments, is supporting the newly launched Sustainability Accounting Standards Board ( SASB ) by serving on its Advisory Council. The SASB brings together the knowledge and experience of various industry working groups to define the financial value of sustainability and promote sustainability’s contribution to business success.

“Ingersoll Rand has a long history of helping our customers be more competitive in responding to large global challenges, such as food safety, personal security and indoor comfort. Our ability to create value for our stakeholders by developing sustainable, innovative new products is rooted in the understanding that expectations are rising regarding raw materials, resource use and environmental performance,” said Jeff Hynds, director of innovation for the Center for Energy Efficiency and Sustainability (CEES) at Ingersoll Rand and SASB Advisory Council member. “For us, sustainability is a business lever that helps deliver growth and productivity, while reducing business risk.”

The SASB aims to develop and disseminate sustainability accounting standards in 89 industries. SASB standards will identify, prioritize and describe material non-financial risks and opportunities, such as those involved in risk and supply chain management, as well as stakeholder engagement, and provide decision-useful information for the benefit of companies, investors and the public. The universe of sustainability issues the SASB will address for all industries includes: environmental, community, employees, customers, leadership and governance, business model and innovation, products and services, and supply chain.

Through its work, SASB will help company leaders understand the key performance indicators (KPIs) and material value of sustainability in their industries. Healthcare is the first sector the SASB will evaluate, with findings and KPIs planned to be released during the first half of 2013.

“Ingersoll Rand will leverage the key performance indicators the SASB process will provide to increase the value we offer to customers and shareholders while raising sustainability to the same level of transparency as ‘quality’ and ‘reliability’ are today. Over time, the SASB will help companies better understand their fiduciary responsibility to address sustainability issues,” noted Hynds.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,630.27 +189.68 1.09%
S&P 500 2,093.25 +25.61 1.24%
NASDAQ 5,089.2060 +49.43 0.98%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs