1 /20GRI STUDY 1.internal benefits of gri standards: - Set vision and strategy
-Measure performance
-Manage risks
-Motivate employees
2.external benefits of gri standards: - Build reputation and trust
-Attract capital
-Engage with stakeholders
-Comply with regulatory requirements
3.Key features of gri standards: - designed to be used by any org.
-comprehensive range of topics
-flexible framework for reporting
-aligned with best practice in managing and reporting on impacts
-regularly updated
-free public good available in several languages
4.Who issues the gri standards?: global sustainability standards board (GSSB), an independent authority operating under the auspices of GRI
5.what are the universal standards?: they apply to all organizations : 2 /20-GRI 1: Foundation 2021
-GRI 2: General Disclosures 2021
-GRI 3: Material Topics 2021
6.what is in gri 1 foundation?: - purpose of the standards
-clarifies critical concepts that provide a common language for reporting with the Standards
-explains how to use/ reference the standards
-lists requirements that orgs must comply with to report in accordance with the standards
-specifies the principles (accuracy, balance, and verifiability) that are fundamental to high quality reporting.
-provides additional reporting recommendations.
-two appendices and a glossary
7.what is in gri 2 general disclosures?: - disclosures detailing org
structure and reporting practices, activities and workers, governance,
strategy, policies, practices, and stakeholder engagement (for reporting
context)
8.what is in gri 3 material topics?: - explains and reports on steps by which an org determines and manages its material topics and how the 3 /20sector standards are used in the process. Impacts are grouped into topics for cohesive reporting .
9.What is in each sector standard?: lists topics that are likely to be
material for an organization given a specific sector based on the
sector's most significant impacts. It also lists disclosures from the GRI
Topic Standards for an organization to report .
-Measure performance
-Manage risks
-Motivate employees
2.external benefits of gri standards: - Build reputation and trust
-Attract capital
-Engage with stakeholders
-Comply with regulatory requirements
3.Key features of gri standards: - designed to be used by any org.
-comprehensive range of topics
-flexible framework for reporting
-aligned with best practice in managing and reporting on impacts
-regularly updated
-free public good available in several languages
4.Who issues the gri standards?: global sustainability standards board (GSSB), an independent authority operating under the auspices of GRI
5.what are the universal standards?: they apply to all organizations : 2 /20-GRI 1: Foundation 2021
-GRI 2: General Disclosures 2021
-GRI 3: Material Topics 2021
6.what is in gri 1 foundation?: - purpose of the standards
-clarifies critical concepts that provide a common language for reporting with the Standards
-explains how to use/ reference the standards
-lists requirements that orgs must comply with to report in accordance with the standards
-specifies the principles (accuracy, balance, and verifiability) that are fundamental to high quality reporting.
-provides additional reporting recommendations.
-two appendices and a glossary
7.what is in gri 2 general disclosures?: - disclosures detailing org
structure and reporting practices, activities and workers, governance,
strategy, policies, practices, and stakeholder engagement (for reporting
context)
8.what is in gri 3 material topics?: - explains and reports on steps by which an org determines and manages its material topics and how the 3 /20sector standards are used in the process. Impacts are grouped into topics for cohesive reporting .
9.What is in each sector standard?: lists topics that are likely to be
material for an organization given a specific sector based on the
sector's most significant impacts. It also lists disclosures from the GRI
Topic Standards for an organization to report .
