---
id: 8732
title: "Sustainability Accounting Standards Board: Outstanding Contribution to ESG Responsible Transparency Global 2020"
award_year: 2021
published: 2021-01-27 16:16:14
published_gmt: 2021-01-27 16:16:14
author: "CFI.co Editorial"
url: "https://cfi.co/awards/north-america/2021/sustainability-accounting-standards-board-outstanding-contribution-to-esg-responsible-transparency-global-2020/"
categories: ["Best Practice", "CSR", "Corporate Governance", "North America", "Professional Services", "Sustainability"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20210228092951
wayback_snapshot_url: "http://web.archive.org/web/20210228092951/https://cfi.co/awards/north-america/2021/sustainability-accounting-standards-board-outstanding-contribution-to-esg-responsible-transparency-global-2020/"
license: CFI-OAAL-1.0
content_sha256: ba6f1100a996aff3c3dccdfd3579dfcc7e0a9854a79695d36a13a584270d8503
canonical: 8732-sustainability-accounting-standards-board-outstanding-contribution-to-esg-respon.json
---
# Sustainability Accounting Standards Board: Outstanding Contribution to ESG Responsible Transparency Global 2020
> Verbatim archived copy. Canonical machine record: `8732-sustainability-accounting-standards-board-outstanding-contribution-to-esg-respon.json`.
The Sustainability Accounting Standards Board (SASB) believes that what gets measured gets managed. Responsible investing and transparent reporting go hand-in-hand, so the San Francisco non-profit has developed — with the support of donors and the input of companies, industry associations and institutional investors — a set of industry-specific standards that are used by companies and investors worldwide to track and communicate ESG performance. SASB standards are tailored for 77 industries across 11 sectors, helping companies to understand the sustainability issues most likely to affect their bottom line. SASB holds financial materiality as its north star to fine-tune industry metrics under the rubrics of environment, human capital, social capital, business model and innovation, leadership and governance. The standards provide a roadmap to manage environmental and social issues and generate benefit for company, shareholders and society. Hundreds of companies use SASB solutions to identify and quantify the financially material sustainability information that guides development and decision-making. The standards are supported by 170 institutional investors in 19 countries, representing investor support of $55tn. The non-profit has a resilient business model that consists of philanthropic donations, market-support grants and income from products, membership fees and licensing agreements. SASB also offers a credential-conferring course on the Fundamentals of Sustainability Accounting. For its evidence-based research and solid stakeholder engagement, the CFI.co judging panel presents SASB with the 2020 global award for Outstanding Contribution to ESG Responsible Transparency.