CHAPTER 8 - SETTING SASB
STANDARDS IDENTIFYING
DISCLOSURE AND TOPICS EXAM
Goal 1 of SASB conceptual framework - Correct Answers -Guides board members and
staff who oversee an implement standard-setting activities
Goal 2 of SASB conceptual framework - Correct Answers -Helps Stakeholders better
understand SASB approach to standard-setting
Goal 3 of SASB conceptual framework - Correct Answers -Helps improve board
members and staff engagement with stakeholders by providing a common language for
communication
Four Fundamental Tenets - Correct Answers -Evidence Based, Market Informed,
Industry Specific, Transparent
General Topics Business Model and Innovation - Correct Answers -Physical Impacts on
Climate Change, Material sourcing and efficiency, Supply Chain management, Business
Model Resilience, Product Design and Lifecycle Management
General Topics Leadership and Governance - Correct Answers -Business Ethics,
Competitive Behavior, Management of the Legal and Regulatory Environment, Critical
Incident Risk Management, Systemic Risk Management
SASB consideration of Financial Drivers - Correct Answers -Revenue (Market size,
Pricing power, Recurring costs) COGS, R&D, Extraordinary Expense, Capital
Expenditures, Cost of Capital
Representationally Faithful - Correct Answers -performance on then metric correlates
with the performance on the disclosure topic it is intended to address.
Complete - Correct Answers -if individually or as a set, the metric provides enough data
and information to understand and interpret performance on the sustainability disclosure
topic.
Primary Metric Characteristics - Correct Answers -Representationally Faithful and
Complete
STANDARDS IDENTIFYING
DISCLOSURE AND TOPICS EXAM
Goal 1 of SASB conceptual framework - Correct Answers -Guides board members and
staff who oversee an implement standard-setting activities
Goal 2 of SASB conceptual framework - Correct Answers -Helps Stakeholders better
understand SASB approach to standard-setting
Goal 3 of SASB conceptual framework - Correct Answers -Helps improve board
members and staff engagement with stakeholders by providing a common language for
communication
Four Fundamental Tenets - Correct Answers -Evidence Based, Market Informed,
Industry Specific, Transparent
General Topics Business Model and Innovation - Correct Answers -Physical Impacts on
Climate Change, Material sourcing and efficiency, Supply Chain management, Business
Model Resilience, Product Design and Lifecycle Management
General Topics Leadership and Governance - Correct Answers -Business Ethics,
Competitive Behavior, Management of the Legal and Regulatory Environment, Critical
Incident Risk Management, Systemic Risk Management
SASB consideration of Financial Drivers - Correct Answers -Revenue (Market size,
Pricing power, Recurring costs) COGS, R&D, Extraordinary Expense, Capital
Expenditures, Cost of Capital
Representationally Faithful - Correct Answers -performance on then metric correlates
with the performance on the disclosure topic it is intended to address.
Complete - Correct Answers -if individually or as a set, the metric provides enough data
and information to understand and interpret performance on the sustainability disclosure
topic.
Primary Metric Characteristics - Correct Answers -Representationally Faithful and
Complete
