GRI 2025 EXAM QUESTIONS WITH 100% CORRECT ANSWERS

GRI 2025 EXAM QUESTIONS WITH 100% CORRECT ANSWERS What are the 4 content principles? - Answer-1. Stakeholder inclusiveness 2. Sustainability Context 3. Materiality 4. Completeness What are the 6 quality principles? - Answer-1. Accuracy 2. Balance 3. Clarity 4. Comparability 5. Reliability 6. Timeliness Some of the disclosures under sections 102 (General Disclosures) are required - as a minimum - to create a report that is in accordance:...option - Answer-Core; the label 'Core' icon is used to identify those disclosures that are required for preparing a report in accordance with the GRI Standards (Core option). Appears in front of the required disclosures Define 'management approach.' - Answer-Management approach enables an organization to explain how it manages economic, social, and environmental impacts related to material topics. It is an important narrative about how the organization identifies, analyzes, and responds to actual and potential impacts. Each topic-specific standard follows the same format. What is the format? - Answer-1. Introduction2. Management approach disclosures 3. Topic-specific disclosures 4. References How are the Reporting Principles to be applied? - Answer- What is the Stakeholder Inclusiveness principle? - Answer-This principle requires the reporting organization to identify its stakeholders, and explain how it has responded to their reasonable expectations and interests What is the GRI definition of 'stakeholder'? - Answer-Entity or individual that can reasonably be expected to be significantly affected by the reporting organization's activities, products and services, or whose actions can reasonably be expected to affect the ability of the organization to successfully implement its strategies and achieve its objectives Note 1: Stakeholders include entities or individuals whose rights under law or international conventions provide them with legitimate claims vis-à-vis the organization. Note 2: Stakeholders can include those who are invested in the organization (such as employees and shareholders), as well as those who have other relationships to the organization (such as other workers who are not employees, suppliers, vulnerable groups, local communities, and NGOs or other civil society organizations, among others). What is the Sustainability Context principle? - Answer-Requires the report to present the reporting organization's performance in the wider context of sustainability What is the Materiality principle? - Answer-Requires the report to cover topics that: 1. Reflect the organization's significant economic, environmental, and social impacts; or 2. substantively influence the assessment and decisions of stakeholders What is the Completeness principle? - Answer-This principle requires that the report to include coverage of material topics and their Boundaries sufficient to reflect significant economic, social, and environmental impacts, and to enable stakeholders to assess the reporting organization's performance in the reporting period. What is the purpose of the Reporting Principles for defining report quality (a.k.a the quality principles? - Answer-The reporting principles for defining reporting quality guide choices to ensure the quality of information in a sustainability report, including the proper presentation. The quality of the report is also important for enabling stakeholders to make sound and reasonable assessments of the organization, and to be able to take appropriate actions based on those assessments. What is the Accuracy principle? - Answer-Requires that the reported information be sufficiently accurate and detailed for stakeholders to assess the reporting organization's performance What is the Balance principle? - Answer-Requires that the reported information reflects positive and negative aspects of the reporting organization's performance to enable a reasoned assessment of overall performance. What is the Clarity principle? - Answer-Requires the reporting organization to make information available in a manner that is understandable and accessible to stakeholders using that information. What is the Comparability principle? - Answer-Requires the reporting organization to select, compile, and report information consistently. The reported information is required to be presented in a manner that es stakeholders to analyze changes in the organizations performance over time, and 2. that could support analysis relative to other organizations What is the Reliability principle? - Answer-Requires the reporting organization the data gathering, record, compile, analyze, etc. is conducted in a way that can be subject to examination. and report information and process used in the preparation of the report in a way that they can be subject to examination, and that establishes the quality and materiality of the information What is the Timeliness Principle? - Answer-Requires the reporting organization to report on a regular schedule so that information is available in time for stakeholders to make informed decisions. To publish any kind of in accordance report (Core or Comprehensive option), what needs to be true with regards to 10 Reporting Principles? - Answer-ALL 10 Reporting Principles are required to be applied by reporting organizations to be in accordance with the GRI Standards.