SASB (Sustainability Accounting Standards Board) was launched in 2011 as an independent standard-setting entity in order to develop industry-specific sustainability disclosure standards tied to the concept of materiality for investors (i.e. sustainable topics that are reasonably likely to have a material impact on financial performance).
SASB has developed a complete set of 77 industry-specific standards which were published in November 2018. They identify the minimal set of sustainability topics and their associated metrics that are financially material, and which a typical company in an industry should disclose.
TotalEnergies adopted the SASB standards in 2020, starting with the implementation of the SASB’s Oil & Gas Exploration & Production standard.
The following document constitutes the latest update of this reporting.