Sustainability Accounting Standards Board (SASB)

The Sustainability Accounting Standards Board™ (SASB™) is a  501(c) 3 non-profit that develops accounting standards designed for the disclosure of material sustainability issues in annual filings to the SEC. Bloomberg is a key supporter of this effort since its inception in 2011. Bloomberg is also helping with SASB's "Materiality Map" of industry priorities by contributing data and analytic advice.   Earlier this year, SASB released their health care standards, their first set of industry specific standards for the disclosure of material environmental, social and governance (ESG) issues.   The healthcare standards have been developed based on extensive evidence-based research and significant, balanced input from more than 300 corporations, investors and other stakeholders (representing $5T assets under management and $1.3T market capitalization) in our Industry Working Groups. SASB is developing standards for 80+ industries in ten sectors through 2015.   Learn more about Bloomberg's involvement with SASB on Bloomberg NOW.