Which statement best describes SASB's scope focus?

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Multiple Choice

Which statement best describes SASB's scope focus?

SASB’s scope is defined by focusing on topics that are financially material and relevant to specific industries. Standards are developed for each industry to pinpoint the sustainability issues most likely to affect financial performance, so the information is tailored to what investors and capital markets need to know. This industry-specific, materiality-driven approach contrasts with universal coverage or purely broad sustainability reporting, which is why the statement that best describes SASB’s scope is that it is industry-specific and materiality-driven.

SASB’s scope is defined by focusing on topics that are financially material and relevant to specific industries. Standards are developed for each industry to pinpoint the sustainability issues most likely to affect financial performance, so the information is tailored to what investors and capital markets need to know. This industry-specific, materiality-driven approach contrasts with universal coverage or purely broad sustainability reporting, which is why the statement that best describes SASB’s scope is that it is industry-specific and materiality-driven.

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