Find Your Industry

Most major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors and industries. However, a company’s market value is determined by more than financial performance: it’s estimated that in many industries as much as 80 percent of market capitalization is made up of intangibles. To better categorize companies that share similar resource intensity, as well as sustainability risks and opportunities, SASB has created the Sustainable Industry Classification System™ (SICS™).

Please note: SASB has proposed a number of amendments to SICS, which were open for a 90-day public comment period starting in April 2016. SASB is currently in the process of updating SICS based on these changes, and the revised classification system will go into effect when the standards are codified in 2018. In the meantime, SASB invites you to review the prospective modifications to SICS.

This tool allows you to determine the primary SICS™ industry for nearly all companies globally that are listed on U.S. exchanges, enabling investors and corporations to determine which SASB sustainability accounting standard is applicable to that company. Companies are categorized under a single SICS™ industry. Integrated firms with revenue streams from different industries, for example, will only appear under one industry.

Commercial use of the Sustainable Industry Classification System™ (SICS™) is restricted to those parties that have entered into commercial terms and use agreements with SASB™. Interested parties who would like to use SICS™ for commercial purposes may contact Jeff Cohen at jeff.cohen@foundation.sasb.org for terms of use.

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