The Sustainability Accounting Standards Board™ (SASB™) is a registered 501(c)3 non-profit organization engaged in the development and dissemination of industry-specific sustainability accounting standards. SASB will establish an understanding of material sustainability issues facing industries and create sustainability accounting standards suitable for disclosure in standard filings such as the Form 10-K. SASB addresses the unique needs of the U.S. market, establishing standards for integrated reporting that are concise, comparable within an industry, and relevant to all ~13,000 publicly listed companies in the U.S.
Investors will benefit from a complete view of sustainability risks and opportunities facing companies, and access to comparable, material data that fully characterizes the potential for long term value creation. Companies will enjoy a cost-effective way to prepare an integrated report using the Form 10-K, and create sustainable value by managing performance on the most material issues. The Public will benefit from improved transparency and competitiveness of US industry.
Please visit www.sasb.org for more information.