What Value Reporting Foundation does

Value Reporting Foundation was a not-for-profit organization that developed sustainability disclosure standards and frameworks for corporate reporting. Its core offerings comprised three interconnected products: the SASB Standards (industry-specific sustainability disclosure metrics), the Integrated Reporting Framework (a framework connecting sustainability information with financial statements), and the Integrated Thinking Principles (principles supporting integrated decision-making in organizations). Together, these frameworks enabled preparers to articulate a coherent value creation story that links sustainability performance with financial outcomes. The organization served a horizontal base of organizations globally that required standardized, comparable sustainability disclosure and connectivity between non-financial and financial reporting.

The organization operated as a private not-for-profit without traditional productized revenue or pricing models; its frameworks were distributed publicly via the ifrs.org, sasb.org, and integratedreporting.org domains. In August 2022, Value Reporting Foundation consolidated into the IFRS Foundation, a Delaware-incorporated not-for-profit headquartered in London, to support the new International Sustainability Standards Board (ISSB) and to drive connectivity between sustainability disclosure and financial statements. Following consolidation, the three product lines were retained as brands under IFRS Foundation governance, and Value Reporting Foundation ceased to operate as an independent entity. No AI capabilities, technology stack details, or proprietary software products are disclosed in the input data; the organization's core technology is the codified standards and frameworks themselves.

Name

Value Reporting Foundation

Legal name

The International Financial Reporting Standards Foundation

Website

https://valuereportingfoundation.org

Company type

Private

Operating status

Acquired

Short description

Value Reporting Foundation was a not-for-profit that developed sustainability disclosure standards (SASB Standards, Integrated Reporting Framework, Integrated Thinking Principles) for organizations globally; it consolidated into the IFRS Foundation in August 2022 to support the ISSB.

Ownership category

akta.pro rank

Product category

Sustainability Reporting Standards

SIC

Miscellaneous Publishing (2741), International Affairs (9721)

akta.pro primary industry

Sustainability & ESG Reporting (GRI/SASB/ISSB/CSRD) (EUAHAJAB)

akta.pro secondary industries

Environmental, Climate & Sustainability Standards & Reporting Cooperation (BPADANAI), Standards Development & Publishing (SDOs, Technical Standards) (MPAJACAB), ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• Sustainability disclosure standards
• Integrated reporting frameworks
• Corporate reporting standards
• Sustainability accounting standards
• Non-financial reporting

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

The Value Reporting Foundation was a not-for-profit organization that developed and maintained sustainability disclosure standards and frameworks for corporate reporting. Its core offerings consisted of three interconnected frameworks: SASB Standards (industry-specific sustainability metrics), the Integrated Reporting Framework (connecting sustainability and financial reporting), and the Integrated Thinking Principles. The foundation has consolidated into the IFRS Foundation to support the International Sustainability Standards Board (ISSB).

Product overview

The Value Reporting Foundation was a not-for-profit organization that provided frameworks and standards for sustainability disclosure and integrated reporting. The organization offered three interconnected frameworks: the SASB Standards (industry-specific sustainability disclosure standards), The Integrated Reporting Framework (connecting sustainability and financial reporting), and The Integrated Thinking Principles. These frameworks worked together to enable organizations to articulate their value creation story through integrated reporting. The organization has since consolidated into the IFRS Foundation to support the new International Sustainability Standards Board (ISSB).

Differentiator

Problem solved

Functional benefit

Products and services

• SASB Standards Industry-specific standards for sustainability disclosure covering financially material sustainability metrics across 77 industries. Now consolidated into the IFRS Foundation and used by organizations globally to standardize sustainability reporting.
• The Integrated Reporting Framework Framework connecting sustainability disclosure with financial statements for integrated reporting. Enables organizations to communicate how they create value over time across financial, manufactured, intellectual, human, social, and natural capital.
• The Integrated Thinking Principles Principles supporting integrated thinking approaches in organizational decision-making. They guide how an organization actively considers the relationships between its various operating and functional units and the capitals the organization uses or affects.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• IFRS FoundationflagshipStrategic or Co-development Partner · 1 August 2022The Value Reporting Foundation has consolidated into the IFRS Foundation to support the new International Sustainability Standards Board (ISSB). This consolidation was completed in August 2022. The IFRS Foundation is a not-for-profit corporation incorporated in Delaware, USA, registered in England and Wales, with headquarters in London.

Scale indicators1 record

Recent moves4 records

Expansion highlights2 records

Direct peers

• CDP (Carbon Disclosure Project): Operates a global disclosure system for environmental data used by investors and companies. Comparable to VRF as a sustainability disclosure standards/data platform and a key partner/rival for ISSB-aligned reporting.
• SASB (Sustainability Accounting Standards Board): Originally an independent standards-setter; SASB standards were housed under VRF before both consolidated into IFRS Foundation. Direct lineage peer and now a sibling asset under the same parent.
• GRI (Global Reporting Initiative): Independent international standards organization for sustainability reporting. Directly competes with SASB/ISSB for adoption as the primary disclosure framework, especially under the EU CSRD regime where GRI collaborates with EFRAG.
• ISSB (International Sustainability Standards Board): The ISSB, created by IFRS Foundation in 2021, absorbed VRF's standards to form the global sustainability disclosure baseline. Most direct peer and the standards-body successor to VRF's mission.
• IIRC (International Integrated Reporting Council): Original developer of the Integrated Reporting Framework, which was housed under VRF and now sits in IFRS Foundation. Direct lineage peer with shared history under the VRF umbrella.

Emerging players

• Climate Disclosure Standards Board (CDSB): Consolidated into IFRS Foundation as part of the same VRF consolidation wave (2022). Provides climate disclosure framework guidance comparable to VRF's Integrated Reporting Framework.
• World Economic Forum – Stakeholder Capitalism Metrics: Publishes core and expanded Stakeholder Capitalism Metrics for ESG disclosure. Comparable as a thematic sustainability disclosure framework competing for adoption alongside SASB and IRF.
• TNFD (Taskforce on Nature-related Financial Disclosures): Develops nature-related disclosure recommendations aligned with TCFD structure. Comparable as a thematic sustainability disclosure framework that intersects with VRF's scope and competes for adoption budget.

Broad incumbents

• EFRAG (European Financial Reporting Advisory Group): European advisory body that develops ESRS standards under CSRD. Comparable as a regional standards-setter whose work competes with or interoperates alongside ISSB/SASB for sustainability disclosure adoption.
• IFRS Foundation: The parent organization that absorbed VRF in August 2022 to form the ISSB. Directly comparable as a global sustainability/financial reporting standards-setter, and now houses the SASB and IRF assets under its umbrella.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/value-reporting-foundation

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Value Reporting Foundation