SICCODE Data Governance Framework & Stewardship Standards

SICCODE.com maintains a governed, auditable framework for managing verified SIC and NAICS data. This page describes the policies, controls, stewardship roles, and review workflows that ensure classification accuracy, neutrality, and compliance readiness across all datasets.

Updated: 2025
Reviewed By: SICCODE.com Industry Classification Review Team (regulatory, economic, and data-governance specialists)

Purpose of Our Governance Framework

SICCODE.com’s governance program provides the structure, accountability, and oversight required to maintain a trusted national classification resource. Governance ensures that every business record, industry code mapping, and data attribute is validated, documented, and monitored under consistent standards aligned with U.S. Census, and other authoritative frameworks.

This framework supports all SICCODE.com products, including Classification Methodology, Industry Classification Review Team, and Business Data Verification.

Governance Philosophy

Our philosophy centers on accuracy, neutrality, transparency, and explainability. Governance is not a passive control layer—it is an active stewardship process ensuring that all classifications reflect documented business activity, reproducible logic, and authoritative definitions.

  • Accuracy: Verified classification decisions supported by evidence and dual-source validation.
  • Neutrality: No paid influence or external pressure affects editorial or verification outcomes.
  • Transparency: Every update carries lineage, reviewer IDs, and documented rationale.
  • Accountability: Defined stewardship roles maintain ownership of methodology and quality.

Core Components of the Governance Framework

Policy & Oversight

Policies define how data is collected, verified, coded, and released. Oversight ensures alignment with federal and international standards. See About Our Business Data.

Stewardship Roles

Data Stewards, Senior Reviewers, and Governance Leads maintain classification accuracy, methodological consistency, and compliance documentation.

Auditability & Lineage

Each record includes provenance, version IDs, update timestamps, and reviewer signatures for full audit readiness.

Stewardship Structure (RACI Model)

Role Primary Responsibilities Accountability
Data Stewards Validate SIC/NAICS assignments, maintain taxonomy definitions, ensure accuracy of mappings. Classification accuracy
Data Governance Lead Define governance policy, quality standards, and update protocols. Policy enforcement
Compliance & Audit Conduct audits, maintain lineage artifacts, confirm regulatory alignment. Governance integrity
Data Operations Manage ingestion, transformation, quality scoring, and release workflows. Operational continuity

Key Governance Principles

  • Transparency: Every code assignment includes lineage and documentation.
  • Accountability: Stewardship roles ensure ownership of all classifications and updates.
  • Security & Controls: Access control, versioning, and documented approvals protect data integrity.
  • Compliance Alignment: Framework informed by U.S. federal data rules.

Change Management & Quality Control

All changes to SIC and NAICS mappings—such as reclassifications, definitional adjustments, or interpretive clarifications— follow structured approval workflows. Each proposed update undergoes:

  • Peer review by qualified analysts
  • Dual-source validation
  • Lineage logging and version incrementing
  • Quality scoring prior to release

Major releases include version numbers and supporting documentation, published in the How It Works section for audit visibility.

Governance Outputs

Organizations relying on SICCODE.com receive:

  • Verified SIC & NAICS classifications with documented lineage
  • Traceable version history for compliance audits
  • Accurate, current business records linked to authoritative taxonomies
  • Neutral, evidence-based classification decisions

Data Stewardship in Practice

Stewards monitor changes across federal standards, industry definitions, and regulatory guidance to ensure classifications remain accurate and compliant. Continuous monitoring of market activity, mergers, closures, and product-line changes ensures timely revalidation of affected records.

About SICCODE.com

SICCODE.com applies rigorous governance across every dataset we manage. Our stewardship model, accountability structure, and transparent processes make our classification data trusted by regulators, enterprises, financial institutions, and analytics platforms worldwide.

Related resources:
About Our Business Data · How It Works · Structure of SIC Codes · Editorial & Neutrality Standards