GRI EXAM SCRIPT 2026 COMPREHENSIVE
QUESTIONS AND FULL SOLUTIONS
GRADED A+
⩥ What are the 9 requirements an institution must comply with when
reporting in reference to the GRI standards?.
Answer: - apply reporting principles in sec 4 of GRI 1
- report the disclosures in GRI 2: general disclosures
- how the org determines/manages material topics
- report the disclosures in GRI 3: Material Topics
- Report disclosures from GRI topic standards for each material topic
- provide reasons for omissions
- publish a GRI content index
- Provide a statement of Use
- Notify GRI
⩥ What is in Section 5 of GRI 1: Foundation?.
Answer: Recommendations for orgs on aligning their susty reporting
with other types of reporting and enhancing reporting credibility.
⩥ When should susty and financial information be published?.
, Answer: at the same time. The reports should also cover the same group
of entities.
⩥ what are the benefits of aligning susty and financial reporting?.
Answer: - better comms with stakeholders about long-term value
creation
⩥ It is reasonable to expect that....
Answer: impacts that are important to society today can be seen as a
leading indicator of impacts that could become financially material to an
organization over time
⩥ How can an organization improve the credibility of its reporting?.
Answer: - internal controls, external assurance, and stakeholder/expert
panels. These are NOT required to report in accordance with GRI.
⩥ What are internal controls.
Answer: processes designed or implemented by the organization to
provide reasonable assurance regarding the achievement of its objectives
⩥ When an organization engages in external assurance it is required to....
Answer: report information on its policies/practices related to the
assurance (GRI 2: Disclosure 2-5)
QUESTIONS AND FULL SOLUTIONS
GRADED A+
⩥ What are the 9 requirements an institution must comply with when
reporting in reference to the GRI standards?.
Answer: - apply reporting principles in sec 4 of GRI 1
- report the disclosures in GRI 2: general disclosures
- how the org determines/manages material topics
- report the disclosures in GRI 3: Material Topics
- Report disclosures from GRI topic standards for each material topic
- provide reasons for omissions
- publish a GRI content index
- Provide a statement of Use
- Notify GRI
⩥ What is in Section 5 of GRI 1: Foundation?.
Answer: Recommendations for orgs on aligning their susty reporting
with other types of reporting and enhancing reporting credibility.
⩥ When should susty and financial information be published?.
, Answer: at the same time. The reports should also cover the same group
of entities.
⩥ what are the benefits of aligning susty and financial reporting?.
Answer: - better comms with stakeholders about long-term value
creation
⩥ It is reasonable to expect that....
Answer: impacts that are important to society today can be seen as a
leading indicator of impacts that could become financially material to an
organization over time
⩥ How can an organization improve the credibility of its reporting?.
Answer: - internal controls, external assurance, and stakeholder/expert
panels. These are NOT required to report in accordance with GRI.
⩥ What are internal controls.
Answer: processes designed or implemented by the organization to
provide reasonable assurance regarding the achievement of its objectives
⩥ When an organization engages in external assurance it is required to....
Answer: report information on its policies/practices related to the
assurance (GRI 2: Disclosure 2-5)
