SASB is committed to developing concise and relevant sustainability accounting standards that enable companies to describe material sustainability issues affecting performance and long term value creation.
SASB’s standards are industry specific, clearly communicate the priority of material sustainability issues, and enable corporations to show how material sustainability issues impact operations.
The industry based standards illuminate the linkages between a corporation’s strategy, business model, and business practices with the sustainability issues it faces. This enables investors to assess key risks and opportunities that materially contribute to an organization’s valuation and its ability to create long term value.
SASB standards are concise, material, benchmarkable, and suitable for disclosure in the Form 10-K, 20-F and other required SEC filings.