At the end of 2018, the Sustainability Accounting Standards Board (SASB) released the codified version of its standard that established measurement and reporting criteria for companies’ material environment, social, and governance (ESG) issues. By introducing the concept of financial relevance of materiality, we present an analysis of the quality of reporting of the companies that adopted SASB’s framework in their 2019 non-financial reports. While the number of companies reporting according to SASB’s standards is still small, our results are encouraging, showing, on average, good to very good quality of reporting.

中文翻译：

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对SASB报告的初步分析：披露主题，财务相关性以及ESG重要性的财务强度

在2018年底，可持续发展会计标准委员会（SASB）发布了其标准的编纂版本，该版本为公司的重大环境，社会和治理（ESG）问题建立了衡量和报告标准。通过介绍重要性财务相关性的概念，我们对采用SASB框架的公司在其2019年非财务报告中的报告质量进行了分析。尽管按照SASB标准进行报告的公司数量仍然很少，但我们的结果令人鼓舞，平均而言，报告的质量非常好。