Which statement best describes SASB's approach to materiality in practice?

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SASB measures materiality by focusing on topics that could influence a company’s financial performance and value. In practice, the framework targets financially material sustainability issues—those with evidence of potential impact on costs, revenues, profitability, assets, or risk exposure for the company, and thus relevant to investors. This materiality is industry-specific, guided by the SASB Materiality Map to identify which topics matter for a given sector. They emphasize financial outcomes and enterprise value, not non-financial considerations alone, and they don’t require double materiality for all topics. So the best answer is the one that ties materiality directly to potential financial impact and investor-relevant information.