GRI EXAM WITH COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A

How many governments or organizations worldwide reference GRI by name in their policies? - ANSWERSAt least 38 - (50 governments reference GRI in their policies) How many sustainability reports are now in the GRI database? - ANSWERSMore 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? - ANSWERS90 - (110) The GRI Standards are issued by the ....; also known by the acronym..... - ANSWERSGlobal Sustainability Standards Board; GSSB GRI Standards are developed through a ... stakeholder process. - ANSWERSMultiGRI has formed expert ... groups to develop draft content on specific topics. - ANSWERSWorking What are the 6 GRI expert working groups? - ANSWERSAcademia, Business, Capital Markets, Civil Society, Governments, and Labor Define 'disclosure' - ANSWERSRefers 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' - ANSWERSAn 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.' - ANSWERStopic 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' - ANSWERSnarrative 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' - ANSWERSNavigation 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? - ANSWERS1. Modular structure; Standards can be used individually or in combinations. 2. content is organized into requirements (shall), recommendations (should), and guidance 3. include a set of reporting principles 4. requires organizations to identify and report on material topics Within the text of the Standards themselves, terms that are defined in the glossary are indicated by.... - ANSWERSbeing underlined What are the 2 basic approaches for using the GRI Standards? - ANSWERS1. Selected GRI Standards can be used, which might constitute a 'GRI-referenced' report; 2. GRI Standards can be used as a set to prepare a sustainability report in accordance with the GRI Standards (Core or Comprehensive option) There are 6 elements to a report that has been prepared in accordance with the GRI Standards: Core or Comprehensive Option. What are they? - ANSWERS1. covers all of the organization's material topics 2. applies the 10 GRI Reporting Principles 3. has a GRI content index 4. complies with all requirements for disclosures; 5. includes a specific claim about how the GRI Standards have been