Within the growing field of sustainability-related disclosure, a variety of frameworks and standards have been developed to help establish a foundational layer of relevant, comparable, and reliable data from companies.
- Disclosure frameworks provide a set of principles-based guidance for how information is structured and prepared, and which broad topics are covered.
- Disclosure standards, like SASB Standards, provide specific, replicable, and detailed requirements for what should be reported for each topic. In other words, standards make frameworks actionable by providing comparable, consistent, reliable information.
Disclosure frameworks and standards are complementary and designed to be used together. Standards make frameworks actionable, ensuring comparable, consistent, and reliable disclosure.