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Sustainability Quiz GRI Foundation 1 2024 Questions and Complete Solutions Graded A+
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Sustainability Quiz GRI Foundation 1 2024 Questions and Complete Solutions Graded A+
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Sustainability Quiz GRIFoundation 1 2024
Questions and Complete
Solutions Graded A+
Denning [Date] [Course title]
,GRI 1: Foundation 2021 - Answer: ___ _:__________ ____ introduces the purpose and system of the
GRI Sustainability Reporting Standards (GRI Standards) and explains key concepts for sustainability
reporting. It also specifies the requirements and reporting principles that organizations must comply
with to report in accordance with the GRI Standards. GRI 1 is the first Standard that organizations should
consult to understand how to report using the GRI Standards.
purpose, key concepts, requirements, reporting principles, recommendations, guidance, terms,
intergovernmental - Answer: GRI 1 is structured as follows:
- Section 1 introduces the _______ and the system of the GRI Standards.
- Section 2 explains the ___ ________ that are used throughout the GRI Standards.
- Section 3 specifies the ____________ for reporting in accordance with the GRI Standards.
- Section 4 specifies the _________ __________, which are fundamental to ensuring the quality of the
reported information.
- Section 5 presents _______________ for the organization to align its sustainability reporting with other
types of reporting and to enhance the credibility of its sustainability reporting.
- The Appendixes provide ________ on how to prepare a GRI content index.
- The Glossary contains defined _____ with a specific meaning when used in the GRI Standards. The
_____ are underlined in the text of the GRI Standards and linked to the definitions.
- The Bibliography lists authoritative _________________ instruments used in developing this Standard
business relationships - Answer: Through their activities and ________ _____________, organizations
can have an effect on the economy, environment, and people, and in turn make negative or positive
contributions to sustainable development. Sustainable development refers to 'development which
meets the needs of the present without compromising the ability of future generations to meet their
own needs.' The objective of sustainability reporting using the GRI Sustainability Reporting Standards
(GRI Standards) is to provide transparency on how an organization contributes or aims to contribute to
sustainable development.
impacts, human rights - Answer: The GRI Standards enable an organization to publicly disclose its most
significant _______ on the economy, environment, and people, including impacts on their _____ ______
and how the organization manages these impacts. This enhances transparency on the organization's
impacts and increases organizational accountability.
comparability - Answer: The Standards contain disclosures that allow an organization to report
information about its impacts consistently and credibly. This enhances the global _____________ and
, quality of reported information on these impacts, which supports information users in making informed
assessments and decisions about the organization's impacts and contribution to sustainable
development.
OECD, UN - Answer: The GRI Standards are based on expectations for responsible business conduct set
out in authoritative intergovernmental instruments, such as the Organization for Economic Co-operation
and Development (____) Guidelines for Multinational Enterprises and the United Nations (__) Guiding
Principles on Business and Human Rights (see the Bibliographies of the GRI Standards for a list of
authoritative instruments used in developing the GRI Standards). Information reported using the GRI
Standards can help users assess whether an organization meets the expectations set out in these
instruments. It is important to note that the GRI Standards do not set allocations, thresholds, goals,
targets, or any other benchmarks for good or bad performance.
Any, decision-making - Answer: ___ organization can use the GRI Standards - regardless of size, type,
geographic location, or reporting experience - to report information about its impacts on the economy,
environment, and people, including impacts on their human rights. The reported information can be
used by the organization in its ________-______, for example, when setting goals and targets, or when
assessing and implementing its policies and practices.
Stakeholders - Answer: ____________ and other information users can use the GRI Standards to
understand what organizations are expected to report about. Stakeholders can also use an
organization's reported information to assess how they are affected or how they could be affected by
the organization's activities.
investors, sustainable development - Answer: _________, in particular, can use the reported
information to assess an organization's impacts and how it integrates ___________ ___________ in its
business strategy and model. They can also use this information to identify financial risks and
opportunities related to the organization's impacts and to assess its long-term success. Users other than
the organization's stakeholders, such as academics and analysts, can also use the reported information
for purposes such as research or benchmarking.
information users - Answer: The term '___________ _____' in the GRI Standards refers to all these
diverse users of the organization's reported information.
material topics - Answer: The GRI Standards are structured as a system of interrelated standards that
are organized into three series: GRI Universal Standards, GRI Sector Standards, and GRI Topic Standards
(see Figure 1 in this Standard). The Universal Standards are used by all organizations when reporting in
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