The publication of the SASB industry standards marks an important milestone for global capital markets. The 77 industry-specific standards are the first of their kind designed to assist companies in disclosing financially material, decision-useful sustainability information to investors.
The Standards Board approved the standards in October 2018, serving as the culmination of a six-year standard-setting process. The standards were released in November 2018. Supporting materials related to the development of the standards are available in the Standard-Setting Archive.
SASB standards use the Sustainable Industry Classification System® (SICS®) to group companies based on shared sustainability risks and opportunities. The SICS® Look-up Tool below identifies the sector and industry in which a company is classified. Companies are categorized under a single SICS® industry. Integrated firms with revenue streams from different industries will only appear under one industry. Please contact SASB by clicking on the flag (⚑) next to the company name if you think your company’s “primary” industry needs to be reviewed.
A company considering use of SASB standards self-determines which standard(s) is relevant, which disclosure topics are financially material to its business, and which associated metrics to report, taking relevant legal requirements into account. In general, a company would use the SASB standard for its primary industry as identified in SICS®. However, companies with substantial business in multiple SICS® industries can consider reporting on these additional SASB industry standards.
The 77 industry-specific standards are available for download by filling out the form below.
A Basis for Conclusions that corresponds with each industry standard is similarly available for download and explains the process and rationale the Standards Board relied on in approving the standards.
The Standards Application Guidance establishes universal implementation guidance applicable to all industry standards.