On 25 November, the International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) announce their intention to merge and launch the Value Reporting Foundation in 2021. The Foundation will merge the SASB and IIRC into a credible, international organization that maintains the Integrated Reporting <IR> Framework, advocates integrated thinking, and sets sustainability disclosure standards for enterprise value creation. Both SASB and the IIRC focus on investors as target audience. Their guidance is described as complementary and pursuing a common philosophy. This includes integrated value creation and sector-specific indicators for companies to report against. The Chair of the SASB Foundation Board of Directors says “the merger is an important step towards businesses and investors communicating with clarity and ease about the issues that matter most to financial performance.”