Rights CoLab submitted comments to SASB in response to SASB’s call for comments on the Exposure Drafts of its revised Conceptual Framework and Rules of Procedure. According to SASB, “The Board’s decision to undertake these projects was based on the outdated organizational mission statement contained in the existing documents, as well as the Board’s view that the existing documents do not reflect SASB’s global context and that they contain outdated assumptions, definitions, and data.”

The comments are based on Rights CoLab’s year-long experience of working within the parameters of the Conceptual Framework to improve the human capital management standards with respect to human rights. They cover three areas: 1) SASB’s role in providing information to investors that supports long-term value creation; 2) the basis for metrics selection; and 3) the function of the five-dimension framework. We conclude with comments on the Rules of Procedure where we urge SASB to adopt a mechanism of proactive engagement with civil society subject matter experts.

The comments can be accessed here: Rights CoLab Comments to SASB Conceptual Framework, Rules of Procedure Exposure Drafts.