GRI 2021 Update
Exam Questions
and Complete
Solutions Graded
A+
Denning [Date] [Course title]
, OECD - Answer: Organization for Economic Cooperation and Development
Circular Economy - Answer: A circular economy is an industrial system that is restorative or regenerative
by intention and design. Replace the end-of-life concept with restoration, shifts towards the use of
renewable energies, eliminates the use of toxic chemical, and aims for the elimination of waste through
the superior design of alternative products, systems and business model
Opportunities for Sustainable Development - Answer: Balancing economic activity with environmental
responsibility and ensuring social well-being. Includes opportunity to do things differently, prompt
change and begin innovations. These include: addressing climate change, water resilience, human rights
violations, resilience building investment, and regulated energy transition.
WEF Nexus - Answer: the perspective of sustainability and the inter-relationship between the
environment, society and the economy. It also considers the energy, water and food nexus-- we need to
manage water, food and energy problems as a whole because they are all interconnected
the interrelationship, interdependence and interactions between food energy and water
Water Stewardship - Answer: The use of water that is socially equitable, environmentally sustainable
and economically beneficial
Economic Turbulence - Answer: Aspects that can change the economic landscape such as
hyperinflation, economic downturn or significant decrease in purchasing power.
Because of competition between food production and energy
production________________________________________________________________ - Answer:
Large land areas are being used for energy production instead of food. As a result, the market prices for
food and oil are closely linked.
Waste - Answer: materials that are not prime products (that is products produced for the market) for
which the generator has no further use in terms of his/her own purposes of production, transformation
or consumption, and of which he/she wants to dispose. Waste may be generated during the extraction
of raw materials, the processing of raw materials into intermediate and final products, the consumption
of final products and other human activities. Residuals recycled or reused at the place of generation are
excluded.
Exam Questions
and Complete
Solutions Graded
A+
Denning [Date] [Course title]
, OECD - Answer: Organization for Economic Cooperation and Development
Circular Economy - Answer: A circular economy is an industrial system that is restorative or regenerative
by intention and design. Replace the end-of-life concept with restoration, shifts towards the use of
renewable energies, eliminates the use of toxic chemical, and aims for the elimination of waste through
the superior design of alternative products, systems and business model
Opportunities for Sustainable Development - Answer: Balancing economic activity with environmental
responsibility and ensuring social well-being. Includes opportunity to do things differently, prompt
change and begin innovations. These include: addressing climate change, water resilience, human rights
violations, resilience building investment, and regulated energy transition.
WEF Nexus - Answer: the perspective of sustainability and the inter-relationship between the
environment, society and the economy. It also considers the energy, water and food nexus-- we need to
manage water, food and energy problems as a whole because they are all interconnected
the interrelationship, interdependence and interactions between food energy and water
Water Stewardship - Answer: The use of water that is socially equitable, environmentally sustainable
and economically beneficial
Economic Turbulence - Answer: Aspects that can change the economic landscape such as
hyperinflation, economic downturn or significant decrease in purchasing power.
Because of competition between food production and energy
production________________________________________________________________ - Answer:
Large land areas are being used for energy production instead of food. As a result, the market prices for
food and oil are closely linked.
Waste - Answer: materials that are not prime products (that is products produced for the market) for
which the generator has no further use in terms of his/her own purposes of production, transformation
or consumption, and of which he/she wants to dispose. Waste may be generated during the extraction
of raw materials, the processing of raw materials into intermediate and final products, the consumption
of final products and other human activities. Residuals recycled or reused at the place of generation are
excluded.
