Original Source:  SASB

“SASB standards focus on financially material issues because our mission is to help businesses around the world report on the sustainability topics that matter most to their investors.

Although there is much environmental, social, governance (ESG) and sustainability information disclosed publicly, often it can be difficult to identify and assess which information is most useful for making financially-related decisions. SASB identifies financially material issues, which are the issues that are reasonably likely to impact the financial condition or operating performance of a company and therefore are most important to investors.

Ultimately, companies decide what is financially material and what information should be disclosed, taking legal requirements into account.

For more information about how SASB considers materiality in its standard-setting process, please see SASB’s standard-setting process page…”

https://www.sasb.org/standards-overview/materiality-map/

Contributors: Open Source
Categories: SIG U Resource, Tool
SRC Type: Sourcing Management, Sustainability