Sustainability Accounting Standards Board

The Sustainability Accounting Standards Board (SASB) is an independent, non-profit organization that develops industry-specific standards for corporate sustainability disclosure. Founded in 2011, SASB aims to bridge the gap between companies and investors by providing a standardized framework for reporting material ESG factors.

SASB’s standards are designed to be cost-effective for companies to implement and useful for investors seeking to understand and compare the sustainability performance of different organizations.

Why do we need the SASB?
‍The need for the Sustainability Accounting Standards Board arises from the growing recognition of ESG factors as critical drivers of financial performance and risk management. Investors, regulators, and other stakeholders are increasingly demanding transparent and comparable sustainability information.

SASB addresses this need by providing a clear and consistent set of standards that enable companies to disclose material ESG information relevant to their specific industries. This helps investors make informed decisions, enhances market efficiency, and promotes sustainable business practices.