GRI Standards for Sustainability Reporting

Sustainability Accounting Standards Board

<p>To develop standards of reporting for the environmental, social and governance performance of companies (B)</p> Signup and view all the answers

<p>True (A)</p> Signup and view all the answers

<p>To guide internal operations and the management of the value chain (B)</p> Signup and view all the answers

<p>AA1000AP (2018) (A)</p> Signup and view all the answers

<p>Functional to economic and social benefits; agenda is internally generated (B)</p> Signup and view all the answers

<p>26000 (A)</p> Signup and view all the answers

<p>To assess and ensure ethical practices in the workplace</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>To identify and respond to external forces impacting the business (C)</p> Signup and view all the answers

<p>By B Lab, a nonprofit organization</p> Signup and view all the answers

<p>Commitment to gender equality and women's empowerment (C)</p> Signup and view all the answers

<p>Action in one area will affect outcomes in others, balancing social, economic, and environmental sustainability. (A)</p> Signup and view all the answers

<p>A company must judge materiality from two perspectives.</p> Signup and view all the answers

<p>A report that companies must present every year to communicate progresses made. (A)</p> Signup and view all the answers

<p>To assess the magnitude of them and weight them against potential benefits.</p> Signup and view all the answers

<p>Fulfillment of legal expectations, investment into human capital, environment, and relationships with stakeholders (C)</p> Signup and view all the answers

<p>To assess a company based on environmental, social, and governance issues (A)</p> Signup and view all the answers

<p>Protect (D)</p> Signup and view all the answers

<p>Businesses shall respect human rights which it means they should avoid violating them and manage adverse impacts they cause (identify, mitigate and remedy).</p> Signup and view all the answers

<p>Interviews, meetings, working groups, surveys, public forums and other consultation tools. (C)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Provide data about the performance of the organization (D)</p> Signup and view all the answers

Global standards for sustainability reporting covering various topics.

The three GRI Standards applicable to all organizations: Foundation 101, General Disclosures 102, Management Approach 103.

GRI Standards that help companies identify material topics specific to their sectors.

Topics considered significant for companies in terms of their impact.

Sustainability Accounting Standards Board; develops industry-specific sustainability reporting standards.

Evaluating materiality from financial and impact perspectives in reporting.

International Organization for Standardization; develops global standards for various industries.

Social accountability standard to ensure ethical workplace practices.

Process to identify and respond to external risks affecting business.

For-profit companies certified for meeting social and environmental performance standards.

Legal status allowing companies to pursue social/environmental missions along with profits.

Guidelines for businesses to promote gender equality and women’s empowerment.

Sustainable Development Goals set by the UN aimed at ending poverty and protecting the planet by 2030.

Process of assessing potential future events by altering key variables.

Annual report companies submit under the UN Global Compact detailing adherence to principles.

Evaluations of a company’s performance on environmental, social, and governance issues.

Individuals or groups with an interest or influence in an organization.

Key Performance Indicators used to measure organizational performance.

Key Risk Indicators used to measure risks affecting an organization.

Process of identifying risks and opportunities impacting an organization’s value creation.

Business commitment to manage social, environmental, and economic impacts responsibly.

Business responsibility to respect human rights and avoid harming individuals.

Philanthropy involves charitable acts; CSR integrates social responsibility into business operations.

Global consulting firm focused on advancing responsible business practices.

Framework for organizations to identify and address sustainability challenges.

Guidance standard on social responsibility; impacts of actions on people and environments.

Accuracy, clarity, comparability, and timeliness in sustainability reporting.

Assessment of how a company's activities impact stakeholders and the environment.

Evaluation of how sustainability issues affect a company's financial performance.