Exam (elaborations)
GRI Exam Preparation Questions and Complete Solutions Graded A+
- Course
- Institution
GRI Exam Preparation Questions and Complete Solutions Graded A+
[Show more]
Content preview
GRI ExamPreparation
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, 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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller YourExamplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now