Similar to other internationally-recognized standard setters, the SASB Foundation is governed by the SASB Foundation Board of Directors. The Foundation Board appoints the members of the Standards Board, an independent board that is responsible for setting, interpreting and updating the SASB standards. The Foundation Board and the Standards Board operate as parts of a single organization, and their activities are closely coordinated. However, the Foundation Board is not involved in setting standards. The Foundation Board is responsible for governance, oversight and funding of the entire organization and for determining the entire organization’s strategy. The Foundation Board is also charged with ensuring that the Standards Board, in its standard-setting and related activities, follows its due process requirements.