The Sustainability Accounting Standards Board (SASB) has appointed former Financial Accounting Standards Board (FASB) member, Marc Siegel, to its board to chair its Resource Transformation sector.

Siegel is currently a partner in EY’s Financial Accounting Advisory Service practice and completed his second term on FASB’s board on June 30 2018.

Chair of the SASB Foundation Board of Directors Bob Steel said: “We are pleased to welcome Marc to the Sustainability Accounting Standards Board. Marc’s reputation, knowledge and experience will further enhance the important work of the Standards Board and we look forward to his contributions.”

Siegel said: “I am excited for the opportunity to serve on SASB and to bring my passion for improving corporate reporting. SASB’s commitment to robust engagement with all members of the reporting landscape and due process have set the stage for major enhancements in the ongoing dialogue between companies and their stakeholders.”