SASB Security & Commodity Exchanges
SASB
Provides guidelines for financial market transparency.
The SASB Security & Commodity Exchanges costs $0 USD. Renewal costs $0 USD.
Key Strengths
- Industry-specific metrics tailored to security and commodity exchanges
- Developed through rigorous multi-stakeholder process with investor and industry input
- Widely adopted by top global companies and recognized by major institutional investors
- Enables comparability across peers through standardized disclosure topics
- Integrated into major ESG reporting frameworks and investor questionnaires
- Free to access and use — no licensing fee for reporters
Ideal For
This standard is best suited for security and commodity exchanges seeking to communicate sustainability-related risks and opportunities to investors in a standardized, decision-useful format. It is particularly valuable for publicly listed exchanges, market operators, and financial infrastructure providers that want to align their ESG disclosures with globally recognized frameworks and meet growing investor demand for comparable sustainability data.
Target Audiences
Relevant Roles
Industries
Alignment & Recognition
Accrediting Body
Scope
Overview
The SASB (Sustainability Accounting Standards Board) Standards for Security & Commodity Exchanges guide exchanges on reporting vital sustainability information. They address issues like data security, corruption, and efficient market operation. Founded in 2011, SASB aims to help businesses and investors understand financial impacts of sustainability.
Statistics show increasing global adoption, with 75% of the top companies using SASB Standards. The standards are often part of ESG (Environmental, Social, Governance) certifications for organizations. Major clients include the New York Stock Exchange and NASDAQ, with partnerships extending to various global exchanges, ensuring transparent, sustainable business practices.
Requirements & Verification
Evidence Requirements
Organizations self-report against SASB's defined disclosure topics and accounting metrics for the Security & Commodity Exchanges industry. Reporters are expected to provide quantitative metrics and qualitative disclosures in their annual reports, sustainability reports, or SEC filings. No mandatory third-party audit is required by SASB itself, though organizations may choose to have disclosures independently assured.
Prerequisites
Assessment Process
There is no formal exam or audit process for SASB Standards adoption. Organizations self-select the relevant industry standard, identify applicable disclosure topics and accounting metrics, and incorporate these into their public sustainability or financial reporting. SASB provides implementation guidance and the SASB Navigator tool to assist reporters. Optional third-party assurance of disclosures can be obtained independently.
Renewal & Compliance
SASB Standards do not have a formal renewal or recertification cycle. Organizations are expected to update their disclosures annually in line with reporting cycles. SASB periodically revises its standards through a public comment process; reporters should monitor for standard updates and adjust disclosures accordingly. No renewal fee is required.
Accountability Model
Impact & Outcomes
Salary & Market Value
SASB Standards are a reporting framework for organizations, not an individual credential, so direct salary impact data is not applicable. For ESG professionals and sustainability analysts who implement SASB reporting, familiarity with SASB Standards is increasingly valued by employers and may contribute to career advancement in ESG, investor relations, and sustainability roles.
Employer Recognition
Consider Alternatives If...
Organizations seeking a pass/fail certification with a formal audit process or third-party verification badge may find SASB Standards insufficient on their own, as they are a reporting framework rather than a certifiable standard. Smaller exchanges with limited sustainability reporting resources may find the initial implementation effort significant without dedicated ESG staff.
Alternative Programs
Frequently Asked Questions
Quick Facts
Certification
English
2011