Sustainability Accounting Standards Board (SASB) Industry Sustainability Accounting Standards

United States of America Current

The Sustainability Accounting Standards Board (SASB) is a U.S. based, 501(c)3 non-profit organization located in San Francisco, California. SASB was established in 2011 for the purpose of establishing industry-based sustainability standards for the recognition and disclosure of material environmental, social and governance impacts by companies traded on U.S. exchanges. SASB is also an ANSI accredited standards developer. SASB is not affiliated with FASB, GASB, IASB or any other accounting standards board. SASB believes that every investor has the right to material information. SASB democratizes the availability of decision-useful information related to critical aspects of corporate sustainability performance and provides a basis for concerted action by companies, investors, regulators and the public in addressing environmental, social and governance issues.

By 2016 SASB  has issued sector sustainability accounting standards with shortlists of material topics for 79 industries. Each standard contains (1) guidance for disclosure on material sustainability topics and (2) accounting standards on those sustainability topics for use by U.S. and foreign public companies in their annual lings (Form 10-K or 20-F) with the SEC. To the extent relevant, SASB Standards may also be applicable to other periodic mandatory llings with the SEC, such as the Form 10-Q, Form S-1, and Form 8-K. The disclosure guidance identifies sustainability topics at an industry level, which may be material (depending on a company’s specific operating context) to a company within that industry. For each of 5-15 material topics recommended in a sector standard, related accounting metrics are provided.


General sustainability/ESG/non-financial

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

Companies listed on exchanges in the USA.

Issuer type

Private standards initiative.

Type of instrument


Mandatory or voluntary


The geographical scope


Project Partners