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Exam (elaborations)

GRI Exam - Questions With Correct Solutions

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GRI Exam - Questions With Correct Solutions

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Uploaded on
January 6, 2024
Number of pages
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Written in
2023/2024
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GRI Exam - Questions With Correct Solutions

GRI Standards are required for all reports or other materials published that
apply the GRI framework on or after ____. Correct Ans - July 1, 2018

Updates to GRI nomenclature because of the update to Standards: 1)
'indicator' is now ___; 'aspect' is now ___. Correct Ans - disclosure;
topic

One of the most significant updates in GRI Standards is ____. Correct
Ans - clarification of the definition of 'impact'; a report should focus on
the impacts that the organization has on the economy, environment, and
society, instead of impacts on the organization itself

What are the 3 universal standards? Correct Ans - GRI 101
Foundation
GRI 102 General Disclosures
GRI 103 Management Approach

There are currently a total of ____ topic-specific Standards in the three
blocks of Standards (200, 300, and 400). Correct Ans - 38

In the GRI Standards, topic Boundary disclosures have been moved to the
____ section of a report. Correct Ans - management approach

What is the vision of the GRI organization? Correct Ans - A future
where sustainability is integral to every organization's decision-making
process.

The GRI Standards are issued by the ____; also known by the acronym ____.
Correct Ans - Global Sustainability Standard Board; GSSB

GRI Standards are developed through a ____ stakeholder process.
Correct Ans - multi-

GRI has formed expert ____ groups to develop draft content on specific
topics. Correct Ans - working

What are the 6 GRI expert working groups? Correct Ans - Academia

, Business
Capital Markets
Civil Society
Governments
Labor

Define 'disclosure'. Correct Ans - Specific information that is to be
reported.

Define 'topic'. Correct Ans - An economic, environmental, or social
subject.

Define 'material topic'. Correct Ans - A topic that reflects an
organization's significant economic, environmental and social impacts or
that substantively influences the assessments and decisions of
stakeholders.

Define 'management approach disclosure'. Correct Ans - A
narrative description about how an organization manages its material
topics and their related impacts.

Define 'GRI content index'. Correct Ans - A navigation tool that
specifies GRI Standards used and disclosures made, and the location of
these in the report.

What are the 4 main features of the GRI Standards? Correct Ans -
modular structure; Standards can be used individually or in combination
content is organized into requirements (shall), recommendations (should),
and guidance
include a set of Reporting Principles
requires organizations to identify and report on material topics

Within the text of the Standards themselves, terms that are defined in the
glossary are indicated by ____. Correct Ans - being underlined

What are the 2 basic approaches for using the GRI Standards? Correct
Ans - selected GRI Standards can be used, which might constitute a
'GRI-referenced' report

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