- An overview of the SASB Standards
- A fast way to search the topics in an industry and the ability to search by company
- The ability to compare up to four industries side-by-side
As of August 2022, the International Sustainability Standards Board (ISSB) of the IFRS Foundation assumed responsibility for the SASB Standards. The ISSB has committed to maintain, enhance and evolve the SASB Standards and encourages preparers and investors to continue to use the SASB Standards.
The sustainability-related risks and opportunities that are most likely to affect cash flows, access to finance and cost of capital vary by industry. Industry-based disclosure reduces costs and minimizes noise by surfacing the most relevant information for investors. The Sustainable Industry Classification System® (SICS®) was designed to group companies based on shared sustainability-related risks and opportunities to enhance comparability for investor decision-making. As a result, the number of relevant sustainability-related risks and opportunities vary by industry.
Below is an example of how six industries have different sustainability risks and opportunities.
|6 of SASB's 77 industries|
|Dimension||General Issue Category||Health Care Delivery||Non- Alcoholic|
|Electric Utilities & Power Generators||Advertising & Marketing||Auto Parts||Metals & Mining|
|Water & Wastewater Management|
|Waste & Hazardous Materials Management|
|Social Capital||Human Rights & Community Relations|
|Access & Affordability|
|Product Quality & Safety|
|Selling Practices & Product Labeling|
|Human Capital||Labor Practices|
|Employee Health & Safety|
|Employee Engagement, Diversity & Inclusion|
|Business Model & Innovation||Product Design & Lifecycle Management|
|Business Model Resllience|
|Supply Chain Management|
|Materials Sourcing & Efficiency|
|Physical Impacts of Climate Change|
|Leadership & Governance||Business Ethics|
|Management of the Legal & Regulatory Environment|
|Critical Incident Risk Management|
|Systemic Risk Management|
In the image above, there are 26 rows, one for each General Issue Category. The General Issue Category is an industry-agnostic version of the Disclosure Topics that appear in each SASB Standard. The industry-based Disclosure Topics ensure each SASB Standard is tailored to the industry, while the General Issue Categories enable comparability across industries.
|General Issue Category|
|Disclosure Topics for
|Health Care Delivery Industry||Non-Alcoholic Beverages Industry|
|Product Quality &|
Quality of Care & Patient Satisfaction
This box is blank because the SASB Standard for this industry does not include a topic related to Product Quality & Safety, whereas there is a topic in the Health Care Delivery industry.
Management of Controlled Substances
Health & Nutrition
|Selling Practices &|
Pricing & Billing Transparency
Product Labeling & Marketing
SASB Standards encompass a broad range of sustainability-related risks and opportunities, including environmental and social information as well as operational governance such as Supply Chain Management, Systemic Risk Management, and Business Ethics, among others.