GRI Exam Preparation Test Questions
and Correct Answers
Explain the purpose of the GRI standards - Answer: The GRI standards enable an organization to
disclose publicly its most significant impacts on the economy, environment and people including
impacts on their human rights.
Explain the structure of the GRI standards - Answer: Universal, Sector, Topic standards
Identify 4 key concepts for reporting in accordance with the GRI standards - Answer: Impact,
Material topic, Stakeholder, Due diligence
Identify 8 reporting principles for reporting in accordance with the GRI standards - Answer:
Accuracy, Balance, Clarity, Comparability, Completeness, Sustainability context, Timeliness,
Verifiability
Describe the process for identifying impacts and determining material topics - Answer:
Definition of sustainability reporting - Answer: Refers to the process of reporting, which starts with
an organization determining its material topics based on its most significant impacts and results in
the organization publicly reporting information about these impacts.
Value of the reporting: Internal benefits - Answer: Set vision and strategy; measure performance;
manage risks; motivate employees
Value of the reporting: External benefits - Answer: Build reputation and trust; attract capital; engage
with stakeholders; comply with regulatory requirements
Main features of the GRI standards: - Answer: Modular system of interconnected standards
Developed by an independent, transparent and multi-stakeholder process
Based on expectations for responsible business conduct set out in authoritative intergovernmental
instruments
Can be used by any organizations, regardless of sector, size or location
Includes a set of requirements and reporting principles
, Require organizations to identify impacts and report on material topic
What is GRI standards glossary? - Answer: to be used together with the GRI standards
in the text of the Standards, terms defined in the Glossary are underlined.
each standard has its own Glossary section
Disclosures - Answer: The required information to report for each disclosure is always presented
with bold font.
Each disclosure has a title and a unique number: e.g., Disclosure 2-19.
All GRI standards, except for GRI 1: Foundation 2021 include disclosures.
Two options for using the GRI standards (reporting formats?): - Answer: In accordance and with
reference
The reporting process: - Answer: Understand system and key elements of the GRI standards (GRI1)
Determine material topics (4 steps GRI3 and Sector standards)
Report information (GRI2,3,Sector, Topic)
Prepare GRI content index
Prepare statement of use
Publish information and GRI content index
Notify GRI
Key concept: Definition of impact - Answer: The effect an organization has or could have on the
economy, environment, or people, including on their human rights, as a result of its activities or
business relationships
Impacts can be: - Answer: actual or potential
negative or positive
short term or long term
intended or unintended
reversible or irreversible
IMPACTS ARE INTERLINKED.
and Correct Answers
Explain the purpose of the GRI standards - Answer: The GRI standards enable an organization to
disclose publicly its most significant impacts on the economy, environment and people including
impacts on their human rights.
Explain the structure of the GRI standards - Answer: Universal, Sector, Topic standards
Identify 4 key concepts for reporting in accordance with the GRI standards - Answer: Impact,
Material topic, Stakeholder, Due diligence
Identify 8 reporting principles for reporting in accordance with the GRI standards - Answer:
Accuracy, Balance, Clarity, Comparability, Completeness, Sustainability context, Timeliness,
Verifiability
Describe the process for identifying impacts and determining material topics - Answer:
Definition of sustainability reporting - Answer: Refers to the process of reporting, which starts with
an organization determining its material topics based on its most significant impacts and results in
the organization publicly reporting information about these impacts.
Value of the reporting: Internal benefits - Answer: Set vision and strategy; measure performance;
manage risks; motivate employees
Value of the reporting: External benefits - Answer: Build reputation and trust; attract capital; engage
with stakeholders; comply with regulatory requirements
Main features of the GRI standards: - Answer: Modular system of interconnected standards
Developed by an independent, transparent and multi-stakeholder process
Based on expectations for responsible business conduct set out in authoritative intergovernmental
instruments
Can be used by any organizations, regardless of sector, size or location
Includes a set of requirements and reporting principles
, Require organizations to identify impacts and report on material topic
What is GRI standards glossary? - Answer: to be used together with the GRI standards
in the text of the Standards, terms defined in the Glossary are underlined.
each standard has its own Glossary section
Disclosures - Answer: The required information to report for each disclosure is always presented
with bold font.
Each disclosure has a title and a unique number: e.g., Disclosure 2-19.
All GRI standards, except for GRI 1: Foundation 2021 include disclosures.
Two options for using the GRI standards (reporting formats?): - Answer: In accordance and with
reference
The reporting process: - Answer: Understand system and key elements of the GRI standards (GRI1)
Determine material topics (4 steps GRI3 and Sector standards)
Report information (GRI2,3,Sector, Topic)
Prepare GRI content index
Prepare statement of use
Publish information and GRI content index
Notify GRI
Key concept: Definition of impact - Answer: The effect an organization has or could have on the
economy, environment, or people, including on their human rights, as a result of its activities or
business relationships
Impacts can be: - Answer: actual or potential
negative or positive
short term or long term
intended or unintended
reversible or irreversible
IMPACTS ARE INTERLINKED.
