4 forces driving sustainability in transportation

It’s not surprising that energy is paramount to the transportation sector. But social and governance issues — including safety and competitive behavior — also rise as sustainability concerns for industries including automobiles, airlines, marine transportation, and rail.

In November the Sustainability Accounting Standards Board (SASB) brought together a range of business, investment and accounting stakeholders to offer advice on sustainability accounting standards for the transportation sector. Some 230 participants — investors representing $4 trillion assets under management and companies representing $600 billion in market capital — weighed in on material environmental social and governance (ESG) issues and accounting metrics for eight transportation industries.

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