Sustainability Accounting Standards

= Full coverage = Partial coverage

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

About
Help public corporations disclose material sustainability information in mandatory SEC filings, such as the Form 10-K and 20-F

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

Financial capital
Manufactured capital
Intellectual capital
Human capital
Social and relationship capital
Natural capital
Full Full Full

SUSTAINABILITY ACCOUNTING STANDARDS AND HUMAN CAPITAL

Human Capital

  • Fair labor practices
  • Employee health, safety and wellbeing
  • Diversity and inclusion
  • Compensation and benefits
  • Recruitment, development and retention

SUSTAINABILITY ACCOUNTING STANDARDS AND SOCIAL AND RELATIONSHIP CAPITAL

Social Capital

  • Human rights and community relations
  • Access and affordability
  • Customer welfare
  • Data security and customer privacy
  • Fair disclosure and labeling
  • Fair marketing and advertising

Business Model & Innovation

  • Product packaging
  • Product quality and safety

Leadership & Governance

  • Systemic risk management
  • Accident and safety management
  • Business ethics and transparency of payments
  • Competitive behavior
  • Regulatory capture and political influence
  • Materials sourcing

Supply chain management

SUSTAINABILITY ACCOUNTING STANDARDS AND NATURAL CAPITAL

Environmental

  • GHG emissions
  • Air quality
  • Energy management
  • Fuel management
  • Water and wastewater management
  • Waste and hazardous materials management
  • Biodiversity impacts

Business Model & Innovation

  • Lifecycle impacts of products and services
  • Environmental, social impacts on core assets and operations

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
Partial Partial Partial Partial Partial Partial

SUSTAINABILITY ACCOUNTING STANDARDS AND ORGANISATIONAL OVERVIEW AND EXTERNAL ENVIRONMENT

Introduction to the standard.

SUSTAINABILITY ACCOUNTING STANDARDS AND GOVERNANCE

Leadership & Governance

  • Systemic risk management
  • Accident and safety management
  • Business ethics and transparency of payments
  • Competitive behavior
  • Regulatory capture and political influence
  • Materials sourcing
  • Supply chain management

SUSTAINABILITY ACCOUNTING STANDARDS AND BUSINESS MODEL

Business Model & Innovation

  • Product packaging
  • Product quality and safety
  • Lifecycle impacts of products and services
  • Environmental, social impacts on core assets and operations

SUSTAINABILITY ACCOUNTING STANDARDS AND RISKS AND OPPORTUNITIES

SASB identifies sustainability risks and opportunities that are likely to be material in specific industries, recognizing that similar products and services, business models, and resource uses 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. Sustainability accounting metrics should be accompanied by […] the specific accounting metrics, including strategy, competitive positioning, degree of control, performance, and trends over time.

SUSTAINABILITY ACCOUNTING STANDARDS AND OUTLOOK

Conceptual Framework: SASB Standards support the disclosure of trends, demands, and uncertainties that have material impacts on financial results in the MD&A section of U.S. S.E.C. Form 10-K.


Dialogue participants

CDP
CDSB
FASB
GRI
IASB
IIRC
ISO
SASB