Sustainable Accounting Standards Board (SASB)

The Sustainable Accounting Standards Board (SASB) develops Industry-specific reporting standards that help companies disclose financially relevant environmental, social, and governance (ESG) information. Its goal is to provide investors with consistent, comparable, and material sustainability data, enabling better decision-making. SASB standards focus on issues that could impact a company's financial performance, such as climate change, labor practices, or resource use, making sustainability reporting more transparent and aligned with business interests. This helps companies demonstrate their sustainability efforts in a way that creditors and investors value for assessing risks and opportunities.