Which of the following best describes the primary focus of SASB standards?

The primary focus of SASB (Sustainability Accounting Standards Board) standards is indeed on industry-specific sustainability disclosures. SASB develops standards that are tailored for various industries to help companies disclose material sustainability information that is relevant to investors and stakeholders. This approach recognizes that sustainability issues can vary greatly from one industry to another. For example, what may be a critical environmental or social concern in one sector, such as water usage in the beverage industry, may not be as significant in another sector, such as technology. By focusing on industry-specific disclosures, SASB aims to provide investors with the pertinent information needed to make informed decisions related to a company's long-term value and sustainability practices.

This emphasis on industry specifics helps ensure that the sustainability information disclosed is meaningful, assessable, and useful for evaluating potential financial impacts. This unique focus distinguishes SASB standards as practical tools for enhancing transparency and accountability in corporate sustainability reporting, aimed at helping companies communicate their sustainability initiatives to investors effectively.