The SASB standards and its reporting methodology focus on producing organisational decision-useful information for the investment community. Corporations reporting against the SASB standards can communicate with their investment community, producing comparable non-financial information and analysis of critical ESG issues impacting their ecosystem.
A key component of this global movement to more comprehensive corporate reporting, especially reporting on sustainability issues that are relevant to long-term value creation, has been investor demand for comparable information which is significantly enhanced by industry-specific disclosures. While industry-specific standards have not been created by the Financial Accounting Standards Board (FASB) or the International Accounting Standards Board (IASB) in the past, they are part of the planned vision and mandate for the International Sustainability Standards Board (ISSB).