Which statements about industry-agnostic vs industry-specific disclosure guidance are accurate?

Which statements about industry-agnostic vs industry-specific disclosure guidance are accurate?

• A. Industry-agnostic: SASB; Industry-specific: GRI
• B. Industry-agnostic: CDSB, IIRC, <IR>, TCFD; Industry-specific: SASB
• C. Industry-agnostic: SASB, GRI; Industry-specific: CDP
• D. Industry-agnostic: GRI; Industry-specific: TCFD

Answer: (B)

Understanding the distinction between industry-agnostic and industry-specific disclosure guidance is key. Industry-agnostic frameworks are designed to apply across sectors, offering broad guidance for reporting. The CDSB, IIRC, the <IR> framework, and TCFD are examples of this broad, cross-industry guidance. Industry-specific guidance, by contrast, targets what’s most relevant to a particular sector. SASB provides standards organized by industry to capture financially material sustainability issues unique to each sector. So labeling industry-agnostic as CDSB, IIRC, <IR>, TCFD and industry-specific as SASB is correct. The other options mix up these roles (for example, SASB is industry-specific, not industry-agnostic, and GRI is generally considered industry-agnostic).

Understanding the distinction between industry-agnostic and industry-specific disclosure guidance is key. Industry-agnostic frameworks are designed to apply across sectors, offering broad guidance for reporting. The CDSB, IIRC, the framework, and TCFD are examples of this broad, cross-industry guidance. Industry-specific guidance, by contrast, targets what’s most relevant to a particular sector. SASB provides standards organized by industry to capture financially material sustainability issues unique to each sector. So labeling industry-agnostic as CDSB, IIRC, , TCFD and industry-specific as SASB is correct. The other options mix up these roles (for example, SASB is industry-specific, not industry-agnostic, and GRI is generally considered industry-agnostic).