The Sustainability Accounting Standards Board (SASB) is an independent, private sector organization founded in 2011 that develops and maintains sustainability accounting standards for publicly traded companies to provide investors with decision-useful information on financially material sustainability issues.
Definition:
Sustainability Accounting Standards Boards (SASB)
The Sustainability Accounting Standards Board (SASB) is an independent, private sector organization founded in 2011 that develops and maintains sustainability accounting standards for publicly traded companies to provide investors with decision-useful information about financially material sustainability issues. The SASB standards are designed to help companies disclose financially material sustainability information in a cost-effective manner and enable users of financial statements to make informed decisions.