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GRI Update Exam Questions with Correct Answers
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GRI Update Exam Questions with Correct Answers
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GRI Update Exam Questions with Correct AnswersOECD Correct Ans ✓✓ Organization for Economic Cooperation and
Development
Circular Economy Correct Ans ✓✓ A circular economy is an industrial
system that is restorative or regenerative by intention and design.
Replace the end-of-life concept with restoration, shifts towards the use
of renewable energies, eliminates the use of toxic chemical, and aims for
the elimination of waste through the superior design of alternative
products, systems and business model
Opportunities for Sustainable Development Correct Ans ✓✓ Balancing
economic activity with environmental responsibility and ensuring social
well-being. Includes opportunity to do things differently, prompt change
and begin innovations. These include: addressing climate change, water
resilience, human rights violations, resilience building investment, and
regulated energy transition.
WEF Nexus Correct Ans ✓✓ the perspective of sustainability and the
inter-relationship between the environment, society and the economy. It
also considers the energy, water and food nexus-- we need to manage
water, food and energy problems as a whole because they are all
interconnected
the interrelationship, interdependence and interactions between food
energy and water
Water Stewardship Correct Ans ✓✓ The use of water that is socially
equitable, environmentally sustainable and economically beneficial
,Economic Turbulence Correct Ans ✓✓ Aspects that can change the
economic landscape such as hyperinflation, economic downturn or
significant decrease in purchasing power.
Because of competition between food production and energy
production_________________________________________________
_______________ Correct Ans ✓✓ Large land areas are being used for
energy production instead of food. As a result, the market prices for food
and oil are closely linked.
Waste Correct Ans ✓✓ materials that are not prime products (that is
products produced for the market) for which the generator has no further
use in terms of his/her own purposes of production, transformation or
consumption, and of which he/she wants to dispose. Waste may be
generated during the extraction of raw materials, the processing of raw
materials into intermediate and final products, the consumption of final
products and other human activities. Residuals recycled or reused at the
place of generation are excluded.
The 9 Rs Correct Ans ✓✓ Refuse, Rethink, Reduce, Reuse, Repair,
Refurbish, Remanufacture, Repurpose, Recycle
Economic dimension of sustainability Correct Ans ✓✓ concerns an
organization's impacts on the economic conditions of its stakeholders. It
also concerns an organization's impact on the economic systems at the
local, national and global levels. It does not focus on the financial
condition of an organization.
, Economic impact Correct Ans ✓✓ a change in the productive potential
of the economy that has an influence on a community's or stakeholders
wellbeing and longer-term prospects for development
Human Rights Correct Ans ✓✓ Rights inherent to all human beings,
regardless of race, sex, nationality, ethnicity, language, religion, or any
other status.
Modern Slavery Correct Ans ✓✓ human trafficking; people held against
their will, forced to work and paid nothing. Includes women in sex work
and children in sweat shops.
The triple bottom line approach Correct Ans ✓✓ Focuses on the social,
environmental, and economic impact of a company's operations equally
and simultaneously; also known as people, planet, profit
Sustainable Development is a combination of Correct Ans ✓✓ social
progress, economic development, and environmental responsibility
What are the SDGs? Correct Ans ✓✓ The Sustainable Development
Goals are 17 global goals introduced by the united nations in 2015. They
are a universal call to action to end poverty, protect the planet, and
ensure all people enjoy peace and prosperity.
The Global Goals Correct Ans ✓✓ The other name used for the SDGs
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