No. Companies are responsible for determining which SASB disclosure topics represent significant risks or opportunities for their business and which associated metrics warrant disclosure, taking the company’s business model, business strategy and relevant legal requirements into account. A company can make a disclosure using the SASB Standards and, in doing so, state that it has not concluded that the information is financially material.
Articles in this section
- My company wants to disclose information using SASB Standards. How should we get started?
- What should I do if my company operates in more than one SICS industry?
- Do SASB Standards have to be used in regulatory filings?
- Does my company have to disclose information on every topic and metric in the SASB Standard for our industry?
- What should I do if the SASB Standard for my industry does not include a disclosure topic that my company has determined is important?
- Does reporting in accordance with a SASB Standard constitute acknowledgement that the topic in the Standard are financially material?
- Does the IFRS Foundation review, provide feedback on or assure disclosures before they are published?
- Can the IFRS Foundation participate in or provide input on my company's materiality assessment?
- How can I use SASB Standards in my company’s integrated report?
- My company is not listed in SICS® or is listed as belonging to the wrong industry. What should I do?