Which statement correctly reflects the goal of SASB standards?

The goal of SASB (Sustainability Accounting Standards Board) standards is to establish consistency in sustainability reporting across industries. This focus on consistency allows companies to provide comparable data that investors and stakeholders can use to assess the sustainability practices and performance of organizations within the same industry or sector. By ensuring that the reporting standards are tailored to the specific sustainability-related risks and opportunities relevant to particular industries, SASB helps promote a deeper understanding of sustainability factors in the context of financial performance.

Through this approach, SASB standards facilitate better investment decision-making and accountability, making it easier for companies to articulate and measure their sustainability efforts in a structured manner. This alignment with financial metrics is crucial for integrating sustainability into the broader financial reporting framework, thereby helping investors make informed decisions based on reliable and comparable information.