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SASB Advances Structured ESG Disclosure Via Issuing SASB XBRL Taxonomy For Public Comment

SASB Advances Structured ESG Disclosure Via Issuing SASB XBRL Taxonomy For Public Comment Date 02/03/2021 Today the Sustainability Accounting Standards Board (SASB) announced that the SASB eXtensible Business Reporting Language (XBRL) taxonomy is now open for a 60-day public comment period. SASB engaged PwC to support in the development of an XBRL taxonomy encompassing SASB’s 77 industry Standards. By integrating into the common language for business reporting, the SASB XBRL taxonomy can further enhance the quality and usefulness of SASB disclosures. “SASB-aligned disclosures in the structured XBRL format will allow for easier collection and comprehensive analysis of non-financial data,” says Matthew Welch, SASB President and COO. “This development is especially important as key regions around the world move to encourage structured reporting of sustainability information, just as they have done with financial information.”

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