Sustainability Accounting Standards Board (SASB)

The SASB Foundation is an independent 501(c)3 non-profit that is responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB). The SASB maintains sustainability accounting standards that help public corporations disclose material, decision-useful information to investors in mandatory filings. The SASB, through its Foundation, also provides education and resources that advance use of the standards. Established in 2017, the SASB Foundation is responsible for the funding and oversight of the Sustainability Accounting Standards Board (SASB). The SASB maintains sustainability accounting standards that help public corporations disclose material, decision-useful information to investors in mandatory filings. The SASB Foundation is an independent 501(c)3 non-profit. Investors will benefit from data they can use to benchmark corporate performance on material sustainability issues at the industry level. Companies will gain a cost-effective way to prepare an integrated report using the Form 10-K, and manage performance on the most material issues. The public will benefit from improved transparency and competitiveness of US industry. Mission   The Sustainability Accounting Standards Board sets industry-specific standards for corporate sustainability disclosure, with a view towards ensuring that disclosure is material, comparable, and decision-useful for investors. Governance The SASB Foundation Board of Directors, comprised of up to 21 members, has a fiduciary duty to oversee the SASB, its staff, and the operations and activities of both. The SASB Foundation Board of Directors appoints members of the SASB, a standards board that is responsible for the due process, outcomes, and ratification of the SASB standards.