The Sustainability Accounting Standards Board (SASB) is a U.S. based, 501(c)3 non-profit organization located in San Francisco, California. SASB was incorporated in July, 2011 for the purpose of establishing industry-based sustainability standards for the recognition and disclosure of material* environmental, social and governance impacts by companies traded on U.S. exchanges. SASB is accredited to establish sustainability accounting standards by the American National Standards Institute (ANSI). SASB is not affiliated with FASB, GASB, IASB or any other accounting standards board.
SASB believes that every investor has the right to material information. SASB democratizes the availability of decision-useful information related to critical aspects of corporate sustainability performance and provides a basis for concerted action by companies, investors, regulators and the public in addressing environmental, social and governance issues.