Sustainability Accounting Standards Board
In the education industry there are days when it seems that there are 10 sustainability functionaries for every 1 person actually doing something to lower the cost of education in the United States. It is difficult to draw a straight line between attending sustainability meetings and lower costs. Admittedly, the interdisciplinary nature of the sustainability zietgeist makes it vulnerable to such skepticism but the rise and rise of Chief Sustainability Officers in the private sector is proof that the sustainability zietgeist is here until it is replaced by another zietgeist. The SASB suite of documents, taking inspiration from the financial discipline of public equity markets, is accelerating the development of a vocabulary for sustainability accounting that could inform the frequently divergent interest of the academic and business cultures of the education industry.