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GRI, Latest Update with Complete Solutions

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internal benefits of gri standards - ANSWER-- Set vision and strategy - Measure performance - Manage risks - Motivate employees external benefits of gri standards - ANSWER-- Build reputation and trust - Attract capital - Engage with stakeholders - Comply with regulatory requirements Key...

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  • November 18, 2023
  • 9
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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GRI Exam 2023-2024 Questions and
Answers 100% Correct(SCORED A)

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

Updates to GRI nomenclature because of the update to Standards: 1)'indicator' is
now...; 'aspect' is now... - ANSWER-Disclosure...topic

One of the most significant updates in GRI Standards is... - ANSWER-clarification on
the term "impact" - A report should focus on the impacts that the organization has on
the economy, environment and society, instead of the impacts on the organization itself.

What are the three universal standards? - ANSWER-GRI 101: Foundations
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) - ANSWER-38

In the GRI Standards, topic Boundary disclosures have been moved to the .... section of
the report. - ANSWER-Disclosure 103-1: Management Approach Explanation of its
Material Topic and its Boundary

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

What percentage of all organizations that issue a corporate responsibility report
reference GRI by name? - ANSWER-63% of N100* reports and 75% of G250 reports
apply the GRI framework. About 60%

How many governments or organizations worldwide reference GRI by name in their
policies? - ANSWER-At least 38 - (50 governments reference GRI in their policies)

How many sustainability reports are now in the GRI database? - ANSWER-More than
37,000 (The GRI Sustainability Disclosure Database has grown to house more than
40,000 reports from more than 10,000 organizations in 110 countries.)

Organization from at least how many countries are using GRI reporting? - ANSWER-90
- (110)

, The GRI Standards are issued by the ....; also known by the acronym..... - ANSWER-
Global Sustainability Standards Board; GSSB

GRI Standards are developed through a ... stakeholder process. - ANSWER-Multi-

GRI has formed expert ... groups to develop draft content on specific topics. -
ANSWER-Working

What are the 6 GRI expert working groups? - ANSWER-Academia, Business, Capital
Markets, Civil Society, Governments, and Labor

Define 'disclosure' - ANSWER-Refers to specific information that is to be reported. (For
example, the name of your organization, or data on GHG emissions).Refers to specific
information that is to be reported. (For example, the name of your organization, or data
on GHG emissions).

Define 'topic' - ANSWER-An economic, environmental or social subject
Note 1: In the GRI Standards, topics are grouped according to the three dimensions of
sustainable development: economic, environmental and social.
Note 2: To prepare a report in accordance with the GRI Standards, an organization is
required to report on its material topics.

Define 'material topic.' - ANSWER-topic that reflects a reporting organization's
significant economic, environmental and social impacts; or that substantively influences
the assessments and decisions of stakeholders
Note 1: For more information on identifying a material topic, see the Reporting
Principles for defining report content in GRI 101: Foundation.
Note 2: To prepare a report in accordance with the GRI Standards, an organization is
required to report on its material topics.
Note 3: Material topics can include, but are not limited to, the topics covered by the GRI
Standards in the 200, 300, and 400 series.

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

Note: Disclosures about an organization's management approach also provide context
for the information
reported using topic-specific Standards (series 200, 300, and 400).

Define 'GRI content index' - ANSWER-Navigation tool that specifies which GRI
Standards have been used, which disclosures have been reported on, and where these
disclosures can be found in the report or other location.

What are the 4 main features of the GRI standards? - ANSWER-1. Modular structure;
Standards can be used individually or in combinations. 2. content is organized into

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