About the SASB Taxonomy


The Value Reporting Foundation (VRF) has published a SASB taxonomy for environmental, social, and governance (ESG) corporate reporting disclosures allowing them to be digitized. This enables the reported metrics (accounting and activity) to be both machine as well as human readable. Analysts and investors can easily compare ESG metrics across industries, so the transformation to structured data is extremely beneficial to the transparency and ease of access of such data.

In Practice


The SASB taxonomy allows companies to ‘digitally tag’ ESG information within their current reporting format, which may include regulatory filings (e.g., Forms 10-K/Q with the US SEC, foreign equivalents, etc.). The taxonomy has been designed to include the disclosure topics associated with accounting metrics and technical protocols and activity metrics for each industry.

At IRIS CARBON®, a group of XBRL experts studied the SASB taxonomy thoroughly and used it to tag a report for demonstration purposes. If you would like to get an idea about how ESG metrics are going to be tagged in Financial Statements going forward, have a look at our sample report below.

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