SASB Public Comment Summaries
SASB received 1,596 global and sector-specific comments, which covered 133 of the 248 proposed changes and other components of the Exposure Drafts. Comments were made on 66 of the 77 SASB industry standards. SASB staff has reviewed and summarized these comments for consideration by the Standards Board, as well as to provide transparency and public insight into the extent and nature of the comments. The public comment summaries provide a consolidated view of comments received from stakeholders during the comment period, including a general characterization of comments received, a high-level description of overarching comments, and a consolidated summary of comments received for all topics in the Exposure Drafts for each industry.
Read the Public Comment Summaries
SASB Exposure Draft of the Standards
In October 2017, SASB published Exposure Drafts of the 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. From October 2 to January 31, 2017, SASB invited feedback as to whether topics included in the standards or updates to the standards are likely to constitute material information, whether metrics fulfill 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. The Exposure Drafts are accompanied with associated Basis for Conclusion documents, which provide the rationale and supporting evidence for the proposed changes. This process has culminated in codification of the standards in 2018.
Read the Exposure Drafts & Basis for Conclusions
SASB Technical Agenda
The 2017 Technical Agenda comprises 248 items across 11 sectors that were reviewed 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 2016, SASB convened industry working groups with a balance of corporate professionals, investors, and industry experts.
Read the Technical Agenda (PDF)
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SASB Chairman’s Report
The Chairman provides an update several times a year, outlining the activities of the SASB. Sign up to receive the report by email.
September 2018 report (PDF)*
May 2018 report (PDF)*
* report frequency remains the same, but may not align with the end of the quarter