On 16 October the Standards Board of the American SASB signs off on the world’s first set of industry-specific sustainability accounting standards covering financially material issues. The final, codified standards cover 77 industries and address sustainability factors most likely to have financially material impacts on the typical company in an industry. It follows six years of research and consultations. Said SASB Chair Jeffrey Hales: “What makes SASB standards unique is their focus on industry specificity and financial materiality”. The standards were developed for use by companies listed on US-based exchanges in their SEC filings. Industry leaders using the standards include GM, Merck, Nike, Kellogg’s, Diageo, PSA and Schneider Electric. The SASB Investor Advisory Group and Alliance include 56 members from North America, Europe and Australia with collective assets under management valued at $29 trillion.