What are the three disclosures on material topics?
1. Disclosure 3-1 process to determine material topics
2. Disclosure 3-2 list of material topics
3. Disclosure 3-3 management of material topics
What are the two sections of the sector standards?
1. Sector profile
2. Likely material topics
What are the two sections of the topic standards?
1. Topic management disclosures
2. Topic disclosures
What are the reasons for omission?
1. Not applicable
2. Legal prohibitions
3. Confidentiality constraints
4. Information unavailable/incomplete
As outlined in GRI 3, what are the four steps that an org should
follow to identify and assess its material topics?
1. Understand the org's context
2. Identify actual and potential impacts
3. Assess the significance of the impacts
4. Prioritize the most significant impacts for reporting
What is the purpose of the GRI standards?
, to enable an org to disclose publicly its most significant impacts
on the economy, environment, and people including impacts on
their human rights
What are the internal benefits of GRI Standards?
-Set vision and strategy
-Measure performance
-Manage risks
-Motivate employees
What are the external benefits of GRI standards?
-Build reputation and trust
-Engage with stakeholders
-Comply with regulatory requirements
-Attract capital
What are the key features of GRI?
-Can be used by any organization
-Comprehensive range of topics
-Flexible framework for reporting
-Aligned with best practice in managing and reporting on
impacts
-Regularly updated to reflect latest developments
-Free public good available in several languages
What entity conducts GRI?
Global Sustainability Standards Board (GSSB)
What are the contents of GRI 1: Foundations?