Codification Process and Documents

SASB Exposure Draft of the Standards

In October 2017, SASB will publish Exposure Draft Standards (containing proposed updates to the Provisional Standards, as described in the 2017 Technical Agenda) for 79 industries in 11 major sectors within the Sustainability Industry Classification System. The Exposure Draft Standards will be open for a 90-day public comment period. SASB invites feedback as to whether topics included in the Standards or updates to the Standards are likely to constitute material information, whether metrics fulfill the SASB’s criteria for metric selection, and whether the Standards or updates to the Standards are technically accurate and constitute a basis for “suitable criteria” for data verification. This process will culminate in codification of the standards in Q1 2018.


SASB Technical Agenda

The 2017 Technical Agenda comprises 248 items across 11 sectors that are under review by the Standards Board for possible changes to the provisional phase standards prior to codification. The approved items include those for which significant supporting evidence or market feedback was received, indicating that the change would improve the quality of the standard, including the materiality, cost-effectiveness, and/or decision-usefulness. Specifically, the need for changes arose from: 1) stakeholder feedback on the provisional standards; 2) regulatory or scientific advancement; and/or 3) identification and rationalization of cross-cutting topics that affect multiple industries or sectors.


The Technical Agenda items were prioritized from market feedback obtained during SASB’s stakeholder engagement process. In a recent six-month consultation period, 141 companies (along with 19 industry associations, representing hundreds of companies) and 38 institutional investors (who consulted on 271 industries) provided feedback on the provisional standards. To develop the provisional standards from 2012 through 2015, SASB convened industry working groups with 2,800 experts, affiliated with $23.4 trillion in assets under management and more than $11 trillion market capitalization.


Read the Technical Agenda (PDF)

For more information, see the FAQ.


SASB Chairman’s Report

The Chairman produces a quarterly report outlining the activities of the SASB. Read the Q2 2017 report. (PDF)


SASB Board Meetings

On June 29th and 30th the Sustainability Accounting Standards Board (SASB) convened to review items under consideration for the SASB’s Technical Agenda. The board discussion encompassed items under review for possible changes to the Provisional Standards for 79 industries in 11 major sectors within the Sustainability Industry Classification System, prior to finalization in Q1 2018. The 2017 Technical Agenda noting items under formal review by the Standards Board will be published in July 2017.


A Research Agenda will also be developed, encompassing items that are being evaluated by the staff but are not yet ready for the Technical Agenda. Items on the Research Agenda will remain there until they either advance to the Technical Agenda (through research and consultation) or are dropped due to lack of evidence. Items that are currently being considered for the Technical Agenda have arisen from analyst research and stakeholder consultation conducted since release of the Provisional Standards.


SASB Standards Board June Meeting 2017 -Minutes (PDF) 

SASB Board Sector Committee Reports – June 2017 Meeting (PDF)

SASB Standards Board May Meeting 2017 -Minutes (PDF)