Question 1

Who is the SASB Oil & Gas – Midstream certification best suited for?

Accepted Answer

This standard is best suited for publicly traded or large private companies operating in the oil and gas midstream sector — including pipeline operators, storage terminal owners, and LNG facility operators — that need to communicate ESG performance to institutional investors. It is particularly valuable for investor relations, sustainability, and finance teams seeking to align disclosures with globally recognized frameworks.

Question 2

How much does the SASB Oil & Gas – Midstream cost?

Accepted Answer

The initial cost for the SASB Oil & Gas – Midstream is $0 USD.

Question 3

What are the renewal requirements for the SASB Oil & Gas – Midstream?

Accepted Answer

SASB standards are updated periodically by the ISSB (now integrated into the IFRS Foundation). Organizations are expected to adopt the most current version of the standard in their annual disclosures. There is no formal renewal cycle, membership fee, or recertification process — companies simply continue to report annually using the current standard.

Question 4

What continuing education is required for the SASB Oil & Gas – Midstream?

Accepted Answer

No formal CPE or CEU requirements are associated with the SASB Oil & Gas – Midstream standard. SASB and the IFRS Foundation offer educational resources and training for practitioners, but continuing education is not mandated for organizations using the standard.

Question 5

What evidence is required for the SASB Oil & Gas – Midstream?

Accepted Answer

Organizations are expected to disclose quantitative and qualitative data across SASB-defined disclosure topics for the midstream sector, including: greenhouse gas emissions (Scope 1 and 2), methane emissions, pipeline safety incidents, ecological impacts of operations, and management approach narratives. Disclosures are typically included in annual reports, sustainability reports, or SEC filings. No formal submission to SASB is required; companies self-report using the standard's metrics and disclose publicly.

Question 6

Who should NOT pursue the SASB Oil & Gas – Midstream?

Accepted Answer

Companies seeking a third-party verified certification with a formal audit process and public seal should look elsewhere, as SASB standards are a voluntary reporting framework rather than a certifiable standard with pass/fail outcomes. Small or private companies with limited ESG reporting infrastructure may find the disclosure requirements resource-intensive without commensurate investor demand.

Question 7

What are alternatives to the SASB Oil & Gas – Midstream?

Accepted Answer

Alternative certifications include: GRI Standards (Oil and Gas Sector), CDP Climate Change Disclosure, TCFD Recommendations Framework, ISO 14001 Environmental Management System, IPIECA Sustainability Reporting Guidance.

SASB Oil & Gas – Midstream

Key Strengths

Ideal For

Target Audiences

Relevant Roles

Industries

Alignment & Recognition

Accrediting Body

Scope

Overview

Requirements & Verification

Renewal & Compliance

Impact & Outcomes

Consider Alternatives If...

Frequently Asked Questions

Quick Facts

Cost Breakdown

Certification Details

Related Certifications

Sources & Citations