How to License SASB Standards
Organizations around the world integrate SASB Standards into their commercial activities.
Through the SASB licensing platform, SASB Standards, evidence behind the determination of the Standards, and ancillary mappings to third party data sets can inform and enhance a variety of use cases.
If you are interested in integrating SASB Standards into your commercial activities, please contact [email protected].
Answers to common questions below will help with some of the basic elements of understanding licensing, and any additional questions can be directed to [email protected].
Questions from Companies
SASB Standards are free for non-commercial use, such as corporate disclosure. For detailed instructions on how to get started, please visit the Implementation Primer.
SASB is a standard-setting organization. SASB is not a data provider. There is no obligation for companies to report their SASB aligned disclosures directly to SASB, as this information is designed to be in the public domain. For licensees interested in a list of companies reporting consistent with the SASB Standards, please see our website.
Questions from Consultants
Licensing the SASB Standards grants organizations the rights and permissions to integrate SASB Standards and/or related IP into their systems, products, and/or services. Current licensees include asset managers, data and analytics firms, and software providers.
SASB’s Consultant Content Program is designed for corporate sustainability consultants and offers the below content resources to help consultants inform their clients:
- Two exclusive update briefings per year to access emerging information about use of SASB Standards
- Updated SASB slide decks explaining the SASB Standards and where SASB fits in the broader ESG ecosystem
- A listing in the SASB Consultant Content Program directory on the SASB website
- Use of the SASB Consultant Content Program logo
For more information about the Consultant Content Program, please contact [email protected].
Questions About Commercial Use
Please email [email protected] and we will get back to you quickly to explore your interest.
Commercial use of the Materiality Map™, SASB Standards and/or related IP is permissible when a licensing agreement is in place with the SASB Foundation; commercial use of SASP IP in the absence of such an agreement violates the copyright protections of SASB IP.
Examples of non-commercial and commercial use are included below. For more information on licensing the Materiality Map™, SASB Standards and/or related materials for commercial or research use, please contact us at [email protected].
Examples of Commercial and Non-Commercial Use of SASB IP
|Non-Commercial Use||Commercial Use|
Questions About Content
All of SASB’s IP available for licensing includes:
- The Standards (Materiality Map) at different levels of granularity to best suit your organization’s needs
- Mappings to third-party frameworks and data providers such as the Sustainable Development Goals and third-party raters and rankers such as (MSCI, Sustainalytics, and others).
- A database of 89,000+ public entity ISINs mapped to their respective industry within SASB’s Sustainable Industry Classification System® (SICS®)
- SASB Disclosure Topics and the corresponding impact on financial drivers
- SASB Disclosure Topics and the corresponding climate risks from the TCFD and the SASB climate risk bulletin
- SASB corporate engagement questions for all 77 SICS® industries
- SASB Disclosure Topics and the corresponding industry working group (IWG) materiality ratings
SASB Standards, evidence behind the Standards, and links to third-party data sets and schema update episodically. Updates from SASB will come as standard-setting projects conclude or as third parties evolve their methodologies. All licensees will be provided resources to account for any changes for seamless updates and integration. SASB updates its database of 89,000+ public entity ISINs mapped to their respective SICS® industry on a quarterly basis. These updates will be delivered by the 15th day of each new quarter.
Questions Regarding Technical Difficulties
If you are looking to access the standards for informational (i.e. non-commercial) purposes, we suggest downloading Standards for one sector at a time. If you are looking to access the standards for commercial purposes, we can ease your use of SASB IP and get you the rights to use SASB IP. SASB Standards are available for licensees in a consolidated and easily navigable manner, as part of a licensing relationship. In addition to rights to use SASB IP, SASB provides a flexible file, IP rights, technical support, and rights to use SASB marks.
Yes, SASB’s Materiality Map™, which is a visualization of the more detailed Standards, can be accessed through a formal licensing agreement. If you would like access to this file and the rights to use the contents of the map in your commercial activities, please email [email protected] to get started.
Questions From Non Commercial Users
SASB offers no-cost academic licenses. For requests, please contact [email protected] with details about your research so SASB can identify the tools to best support your work.
Yes, SASB content can be referenced in articles, reports, and other educational publications. Please email [email protected] and describe your considered use to get started and receive appropriate permissions.
No. SASB is an independent standard setter that facilitates a market-informed and evidence-based process to determine likely financially material issues through an industry-specific approach. We do not assess individual companies on their performance on these issues. If you’d like to learn more about how SASB works with ESG rating and ranking organizations, email [email protected].
Because indexes and the funds that track them represent an important opportunity for investors to allocate capital in alignment with SASB’s financial materiality-based approach to ESG investing, SASB licenses its Standards for the creation of indexes and investible products. SASB approaches these agreements with a few guiding principles:
- SASB contributes the industry standards but SASB does not rate company performance on the standards. Rating, ranking, and scoring is the role of licensees.
- SASB works with multiple providers, each of which makes its own judgments about applying the standards in investment decisions.
- SASB encourages licensees to build products based on company performance—not transparency alone.
The Bloomberg SASB ESG index family was launched in September 2019. The Bloomberg SASB ESG index family incorporates R-Factor™, an ESG scoring system developed by State Street Global Advisors. In generating a unique ESG score for listed companies, R-Factor™ leverages SASB standards—which are focused on the subset of ESG factors most likely to have material financial impacts on a company in a given industry—to screen performance data from multiple sources. This ensures R-Factor scores are driven by the ESG factors most important to investors.
There are a range of other SASB-powered indices in various stages of planning and development. One other example in the market today is ET Research’s Engaged Tracking Low Carbon Index Series, the only low-carbon index series on the market that is based on a public, transparent carbon ranking of each constituent company.
No. The Bloomberg SASB ESG index family incorporates R-Factor™, an ESG scoring system developed by State Street Global Advisors. In generating a unique ESG score for listed companies, R-Factor™ leverages SASB standards—which are focused on the subset of ESG factors most likely to have material financial impacts on a company in a given industry—to screen performance data from multiple sources. This ensures R-Factor scores are driven by the ESG factors most important to investors.