GRI REAL EXAM QUESTIONS WITH ANSWERS | VERIFIED

GRI REAL EXAM QUESTIONS WITH ANSWERS | VERIFIED Who is a stakeholder? - ANSWER Entities or individuals who can be reasonably expected to be significantly affected by the RO's activities products or services; or whose actions can reasonably be expected to affect the RO's ability to implement its strategies and achieve its objectives. Reporting principles that define report's content? - ANSWER Stakeholder inclusiveness; sustainability context; materiality; completeness Reporting Principles that define report's context? - ANSWER Accuracy; balance; comparability; timeliness; clarity; reliability What is Stakeholder Inclusiveness? - ANSWER The RO shall identify stakeholders and explain how it had responded to their reasonable expectations and concerns What is Sustainability Context? - ANSWER The report shall present the RO's performance in the wider context of sustainability. What is Materiality? - ANSWER Material topics are topics that 1) reflect RO's significant economic, environmental, or social impacts OR 2) substantively influence the assessments and decisions of stakeholders In GRI standards, unless stated otherwise, what does "impact" refer to? - ANSWER The effect an organisation has on the economy, the environment, and/or the society, which can indicate its contribution (positive or negative) to sustainable development. Note 1: impact can be long-term or short-term, direct or indirect, positive or negative, actual or potential, intended or unintended. Note 2: can also be related to consequences for the organisation itself - eg reputation or ability to achieve its objective What is management approach disclosure? - ANSWER Management approach disclosure is the narrative description about how an organisation manages its material topics and their related impacts. Note: Disclosure about an organisation's management approach also provides context for the information reported using topicspecific Standards (series 200, 300 and 400) In GRI, what is the reporting Period? - ANSWER The Reporting Period is the specific time span covered by the information reported. Note: Unless otherwise stated, the GRI standards require information from the RO's chosen period. What is sustainability/ sustainable development? - ANSWER Development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Note 1: Encompasses 3 dimensions - econ, env, soc Note 2: refers to broader environmental and societal interests, rather than the interests of specific organisations. What is the reporting principle? - ANSWER The concept that describes the outcomes the report is expected to achieve and that guides decisions made throughout the reporting process around report content or quality. What is a stakeholder? - ANSWER A Stakeholder is an entity or individual that can reasonably be expected to be significantly affected by the reporting organisation's activities, products and services, or whose actions can reasonably be expected to affect the ability of the organisation to successfully implement its strategies and achieve its objectives. Examples: empl