Compliance Reporting & Documentation Flashcards
7 cards from real CSC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Compliance Reporting & Documentation flashcards as text
Which of the following is a primary difference between 'limited assurance' and 'reasonable assurance' in sustainability report verification?
Answer: Reasonable assurance provides a higher level of confidence and requires more rigorous procedures
Reasonable assurance involves more extensive testing procedures and provides a higher level of confidence than limited assurance, which involves less rigorous procedures.
A company filing under the EU's Corporate Sustainability Reporting Directive (CSRD) must use which reporting standards?
Answer: European Sustainability Reporting Standards (ESRS)
Companies subject to the EU's CSRD must report using the European Sustainability Reporting Standards (ESRS) developed by EFRAG.
When calculating emissions intensity metrics for a sustainability report, what does dividing total GHG emissions by production output create?
Answer: A normalized or intensity-based emissions metric
Dividing total emissions by a business activity metric (like production output) creates an intensity metric that enables comparison across different-sized operations.
Under the EPA's Greenhouse Gas Reporting Program (GHGRP), facilities that emit at least how many metric tons of CO2 equivalent per year must report?
Answer: 25,000 metric tons CO2e
The EPA's GHGRP requires facilities that emit 25,000 metric tons or more of CO2 equivalent per year to report their greenhouse gas emissions annually.
A sustainability consultant is reviewing a client's supply chain documentation and finds that a Tier 2 supplier lacks an environmental policy. Under ISO 14001, what is the client organization's responsibility?
Answer: Ensure that environmental requirements are communicated and controlled in outsourced processes
ISO 14001 requires organizations to ensure that externally provided processes, products, and services conform to environmental requirements by communicating expectations to suppliers.
Which documentation is most critical for demonstrating 'chain of custody' in a renewable energy certificate (REC) transaction?
Answer: REC retirement confirmation from the registry with unique serial numbers
Chain of custody for RECs is demonstrated through retirement records in a tracking registry that assign unique serial numbers to each certificate, preventing double-counting.
A company wants to align its sustainability disclosures with the International Sustainability Standards Board (ISSB). Which standard specifically addresses climate-related disclosures?
Answer: IFRS S2
IFRS S2 Climate-related Disclosures is the ISSB standard specifically focused on climate-related risks, opportunities, and financial impacts.