Financial Accounting Foundation Inc.
The Financial Accounting Foundation Inc. (FAF), headquartered in the United States, plays a pivotal role in the accounting industry by overseeing the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB). Established in 1972, FAF has been instrumental in shaping financial reporting standards that enhance transparency and accountability in financial statements. FAF's core services include the development and promotion of accounting standards that cater to both private and public sectors, ensuring that stakeholders have access to reliable financial information. With a commitment to fostering high-quality financial reporting, FAF has achieved significant milestones, including the adoption of the Generally Accepted Accounting Principles (GAAP) in the US. Recognised for its leadership in the field, FAF continues to influence the landscape of financial accounting, making it a cornerstone institution in the industry.
DitchCarbon Score
How does Financial Accounting Foundation Inc.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Membership Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Financial Accounting Foundation Inc.'s score of 23 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Financial Accounting Foundation Inc.'s reported carbon emissions
The Financial Accounting Foundation Inc., headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. As such, the Foundation has not established any significant climate commitments or initiatives aimed at reducing its carbon footprint. Without emissions data or reduction strategies, it is challenging to assess their environmental impact or commitment to sustainability within the financial sector. In the context of industry standards, many organisations are increasingly adopting Science-Based Targets Initiative (SBTi) guidelines and other climate frameworks to enhance transparency and accountability in their emissions reporting. However, the Financial Accounting Foundation Inc. has not yet engaged in such initiatives or cascaded any targets from a parent organisation.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Financial Accounting Foundation Inc. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
