Which of the following is listed as a major sustainability disclosure standard?

Which of the following is listed as a major sustainability disclosure standard?

• A. ISO 9001
• B. GAAP
• C. SASB Standards
• D. IFRS

Answer: (C)

Sustainability disclosures are about reporting information that helps investors understand how non-financial factors could affect a company’s value. SASB Standards provide industry-specific, financially material metrics for sustainability reporting, meaning they focus on topics that truly matter for a company’s economic performance and risk. This makes them a leading framework for communicating sustainability information in a way investors can compare across companies in the same industry. In contrast, ISO 9001 is about quality management, and GAAP or IFRS govern traditional financial accounting and reporting—not the sustainability topics that can impact long-term value. So SASB Standards are the major sustainability disclosure standard because they specifically target the sustainability information that is most relevant to financial decision-making.

Sustainability disclosures are about reporting information that helps investors understand how non-financial factors could affect a company’s value. SASB Standards provide industry-specific, financially material metrics for sustainability reporting, meaning they focus on topics that truly matter for a company’s economic performance and risk. This makes them a leading framework for communicating sustainability information in a way investors can compare across companies in the same industry. In contrast, ISO 9001 is about quality management, and GAAP or IFRS govern traditional financial accounting and reporting—not the sustainability topics that can impact long-term value. So SASB Standards are the major sustainability disclosure standard because they specifically target the sustainability information that is most relevant to financial decision-making.