Sustainability Accounting Standards

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Purpose of standards of Framework through the lens of ‹IR›

About

Enable companies around the world to identify, manage and communicate financially-material ESG and sustainability information to their investors. 

Scope of standards of Framework through the lens of ‹IR›

Financial capital
Manufactured capital
Intellectual capital
Human capital
Social and relationship capital
Natural capital
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SUSTAINABILITY ACCOUNTING STANDARDS AND HUMAN CAPITAL

Human Capital

  • Labor Practices
  • Employee Health & Safety
  • Employee Engagement, Diversity and Inclusion

SUSTAINABILITY ACCOUNTING STANDARDS AND SOCIAL AND RELATIONSHIP CAPITAL

Social Capital

  • Human Rights & Community Relations
  • Customer Privacy
  • Data Security
  • Access & Affordability
  • Product Quality & Safety
  • Customer Welfare
  • Selling Practices & Product Labeling

Business Model & Innovation

  • Business Model Resilience
  • Supply Chain Management

Leadership &  Governance

  • Business Ethics
  • Competitive Behavior
  • Management of the Legal & Regulatory Environment
  • Critical Incident Risk Management
  • Systemic Risk Management

SUSTAINABILITY ACCOUNTING STANDARDS AND NATURAL CAPITAL

Environmental

  • GHG Emissions
  • Air Quality
  • Energy Management
  • Water & Wastewater Management
  • Waste & Hazardous Materials Management
  • Ecological Impacts

Business Model & Innovation

  • Product Design & Lifecycle Management
  • Materials Sourcing & Efficiency
  • Physical Impacts of Climate Change

Content of standards of Framework through the lens of ‹IR›

Organisational overview and external environment
Governance
Business model
Risks and opportunities
Strategy and resource allocation
Performance
Outlook
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SUSTAINABILITY ACCOUNTING STANDARDS AND ORGANISATIONAL OVERVIEW AND EXTERNAL ENVIRONMENT

  • Introduction to the standard (found in each of the 77 standards)
  • Standards Application Guidance

SUSTAINABILITY ACCOUNTING STANDARDS AND GOVERNANCE

Leadership & Governance

  • Business Ethics
  • Competitive Behavior
  • Management of the Legal & Regulatory Environment
  • Critical Incident Risk Management
  • Systemic Risk Management

SUSTAINABILITY ACCOUNTING STANDARDS AND BUSINESS MODEL

Business Model & Innovation

  • Product Design & Lifecycle Management
  • Business Model Resilience
  • Supply Chain Management
  • Materials Sourcing & Efficiency
  • Physical Impacts of Climate Change

SUSTAINABILITY ACCOUNTING STANDARDS AND RISKS AND OPPORTUNITIES

SASB identifies sustainability risks and opportunities that are likely to be financially material across 77 specific industries, recognizing that similar products and services, business models, and resource use yield similar risks and opportunities associated with sustainability.

SUSTAINABILITY ACCOUNTING STANDARDS AND PERFORMANCE

Conceptual Framework: SASB’s accounting standards provide companies with standardized metrics to account for performance on industry-level sustainability topics. Company disclosures should include information related to a disclosure topic identified by the standards, including the company’ governance around risks and opportunities, strategy, risk management, and the company’s use of metrics and targets.

SUSTAINABILITY ACCOUNTING STANDARDS AND OUTLOOK

Conceptual Framework: Like financial accounting information, sustainability accounting information captures past and current performance, and can also be forward-looking to the extent that it helps management describe known trends, events, and uncertainties that may reveal an actual or potential impact on the financial condition or operating performance of a reporting entity. SASB metrics—both qualitative and quantitative— will thus be of interest to investors and creditors, thereby helping to communicate and to more completely represent company performance.