Why Companies Use SASB Standards
Businesses face challenges and opportunities affecting their long-term sustainability, from climate change and resource constraints to urbanization and technological innovation. Institutional investors need to evaluate how these issues impact companies to inform their investment decisions. SASB Standards help companies around the world identify, measure, and manage the subset of ESG topics that most directly impact long-term enterprise value creation.
SASB Standards meet investor needs.
Investors across asset classes want comparable, consistent, and reliable data on financially material sustainability factors. These same investors recognize SASB Standards as a core tool to achieve this disclosure.
SASB Standards are cost-effective.
On average, each standard has six disclosure topics and 13 accounting metrics.
SASB Standards are industry specific.
The issues that are most likely to impact financial performance vary by industry. Industry-specific disclosure reduces costs and minimizes noise by surfacing the most relevant information.
SASB Standards can be used with other frameworks and standards.
SASB Standards are a practical tool for implementing principles-based frameworks, including those provided by the TCFD and IIRC. Many companies use both SASB and GRI Standards to meet the needs of various audiences.
