SASB and the Global Reporting Initiative (GRI) provide compatible standards for sustainability reporting, which are designed to fulfill different purposes and are based on different approaches to materiality. SASB Standards focus on ESG issues expected to have a financially material impact on the company, aimed at serving the needs of most investors. GRI Standards focus on the economic, environmental, and social impacts of a company in relation to sustainable development, which is of interest to a broad range of stakeholders, including investors. Many companies—including ArcelorMittal, PSA Group, Diageo, and Nike—use both SASB and GRI standards to meet the needs of their audiences.
Still, SASB and GRI understand that the sustainability disclosure landscape can appear complicated, and for companies that use both sets of standards, the reporting effort can be high. To help address this, the two organizations have published a joint paper to demonstrate how some companies—including General Motors and Suncor Energy—have used both sets of standards together and the lessons that can be shared. SASB and GRI also aim to help the consumers of sustainability data understand the similarities and differences in the information created from these standards.