Bloomberg L.P. Data Helps Pave the Way for a "New Era in Market Transparency"

Feb 27, 2014 5:00 PM ET

February 27, 2014 /3BL Media/ - With the help of Bloomberg L.P. data, The Sustainability Accounting Standards Board recently released provisional standards for industries in the Financial sector. The standards address environmental, social and governance issues likely to be important for companies within the Financial sector. Issues include; "customer privacy and data security; integration of ESG factors in credit risk analysis, investment management and advisory; and responsible lending and debt prevention". Dan Doctoroff, President and CEO of Bloomberg says, "the release of SASB's Financials standards marks the beginning of a new era in market transparency and a new model for 21st century corporate reporting."

 

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