SASB (Sustainability Accounting Standards Board)

The Sustainability Accounting Standards Board (SASB) develops industry-specific sustainability accounting standards that help companies disclose financially material ESG information to investors. SASB standards identify the subset of ESG issues most relevant to financial performance in each of 77 industries. These standards were developed through evidence-based research, broad and balanced stakeholder participation, and oversight from an independent Standards Board. As of August 2022, the International Sustainability Standards Board (ISSB) assumed responsibility for SASB standards and has committed to maintain and enhance them. The SASB standards play a key role in supporting the application of IFRS S1 and S2, the first two IFRS Sustainability Disclosure Standards issued by the ISSB.