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GRI Exam.

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Exam of 8 pages for the course CAIA Level 2 at CAIA Level 2 (GRI Exam.)

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

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

One of the most significant updates in GRI Standards is... - correct 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? - correct 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) - correct answer-38

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

What is the vision of the GRI organization? - correct 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? - correct 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?
- correct answer-At least 38 - (50 governments reference GRI in their policies)

How many sustainability reports are now in the GRI database? - correct 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? - correct answer-90
- (110)

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

GRI Standards are developed through a ... stakeholder process. - correct answer-Multi-

, GRI has formed expert ... groups to develop draft content on specific topics. - correct
answer-Working

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

Define 'disclosure' - correct 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' - correct 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.' - correct 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' - correct 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' - correct 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? - correct answer-1. 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.... - correct answer-being underlined

What are the 2 basic approaches for using the GRI Standards? - correct answer-1. Selected
GRI Standards can be used, which might constitute a 'GRI-referenced' report; 2. GRI

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