How do the SASB Standards fit in IFRS S1?
IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information requires a company
to disclose material information about all sustainability-related risks and opportunities that could reasonably be
expected to affect the company’s cash flows, its access to finance or cost of capital over the short, medium or long
term (a company’s prospects).
IFRS S1 references the SASB Standards as a source of guidance that companies are required to consider when

identifying sustainability-related risks and opportunities (beyond climate, which is addressed in IFRS S2 Climate-
related Disclosures) and determining the information to disclose about those risks and opportunities.

IFRS S1 requires that companies refer to and consider the applicability of the topics and metrics in the SASB
Standards. IFRS S1 does not require companies to apply the SASB Standards.

What are the benefits of using the SASB Standards?
The SASB Standards can be a useful source of guidance in applying IFRS S1 because they:
• are designed to provide investors, creditors and other lenders with information that is decision-useful and
comparable with peers;
• are tailored to specific industries, allowing companies to quickly access guidance that is relevant to their
business activities; and
• provide guidance on sustainability-related topics beyond climate, including human capital and nature.
SASB Standards are used worldwide by companies and investors of varying size. As of December 2023, the
SASB Standards are applied by more than 3,200 companies in over 80 jurisdictions including approximately 75%
of the companies in the Global S&P 1200. Read full article >>