Skip to content (Press enter)

SASB Standards are used by companies around the world to provide consistent and comparable industry-based sustainability disclosures to investors. Some of the Standards include region-specific metrics, however; for example, some cite US laws and regulations.

Improving the international applicability of the SASB Standards is a priority for the International Sustainability Standards Board (ISSB). The proposals in the Climate-related Disclosures Exposure Draft are in line with this commitment.

The work to make the SASB Standards more fully internationally applicable in connection with the transition to the ISSB is well underway. For example, the Exposure Draft IFRS S2 Climate-related Disclosures (Climate Exposure Draft) includes industry-based requirements based on the SASB Standards. These industry-based requirements include proposed changes to SASB metrics that improve their international applicability. Market participants can review and provide input on these proposed changes via Appendix B of the Climate Exposure Draft. Paragraphs BC130-142 of the Basis for Conclusions on the Climate Exposure Draft outline the approach developed to improve the international applicability of the SASB Standards.

The ISSB intends to improve the international applicability of all industry-based SASB Standards before the General Requirements for Sustainability-related Disclosures Exposure Draft comes into effect. Any proposed changes would be subject to due process.

SASB Standards were previously maintained by the Value Reporting Foundation (VRF), a global nonprofit that merged with the IFRS Foundation in August 2022. Before the merger, the VRF technical staff began this work on making the SASB Standards applicable to any jurisdiction. More information about that project can be found here.