Charles Zegar Brings Investment Data Expertise to SASB

SAN FRANCISCO, Sept. 7, 2017 /PRNewswire/ -- The SASB Foundation, an independent 501(c)3 non-profit responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB), today announced that Charles Zegar will serve a three-year term on its Board of Directors.

"The world's resources are limited and getting scarcer," commented Zegar, a computer scientist known for being one of the four co-founders of Bloomberg L.P. "Corporations that use resources most sustainably will in the long run be more profitable. They will also be more responsible corporate citizens and better investments. Hopefully, they will lead other companies by example to also become more sustainable."

Zegar wrote the first-of-its kind software for the Bloomberg terminal. Currently, he is a philanthropist and a signatory of the Giving Pledge, a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to giving back. The Zegar Family Foundation donates to numerous, diverse causes, including: science and medicine, environment, justice and human rights, human services and economic opportunity, nutrition and health, education, and arts, culture and heritage. Zegar is on the Board of Trustees of New York University where he also works part time assisting with bioinformatics projects. He also serves on the Board of Trustees for Long Island University and The New York Chapter of the Nature Conservancy.

Zegar added: "I hope to use my background in science, computers and finance to help SASB reach its goal of allowing investors to compare companies and align their capital with companies that have the best sustainability strategies and performance."

For more information about SASB, please visit www.sasb.org.

About The SASB Foundation

Established in 2017, the SASB Foundation is responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB). The SASB maintains sustainability accounting standards that help public corporations disclose material, decision-useful information to investors in mandatory filings. The SASB Foundation is an independent 501(c)3 non-profit.

The mission of The SASB Foundation is to support the work of the SASB, support SASB members, and provide the market with education and resources that advance the use of SASB standards and the field of sustainability accounting. 

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SOURCE The SASB Foundation