Sustainability Accounting Standards Board (SASB)
The Sustainability Accounting Standards Board (SASB) is an organization that develops industry-specific standards to help companies disclose material sustainability information to investors. Founded in 2011, SASB provides clear guidelines for reporting on ESG factors that could affect a company’s financial performance.
By focusing on sector-specific materiality, SASB standards allow businesses to communicate sustainability risks and opportunities that are most relevant to their industry, enabling more informed investment decisions. The goal is to ensure consistency and comparability of ESG data across companies, enhancing transparency and accountability in financial markets.