GRI Regulatory Compliance & Ethical Standards 3

Question 1

An organization wants to claim 'in accordance' with GRI Standards. Which of the following is NOT a valid option under GRI's reporting options?

Accepted Answer

Core option

Answer

Under the 2021 GRI Universal Standards update, the framework replaced the older 'Core' and 'Comprehensive' options with a single set of required disclosures plus topic-specific standards.

Question 2

GRI 207: Tax requires organizations to disclose their approach to tax governance. Which of the following best describes an ethical approach to tax under GRI?

Accepted Answer

Aligning tax strategy with the organization's broader sustainability commitments and disclosing it transparently

Answer

GRI 207 calls for transparent governance of tax that aligns with the organization's broader values and responsible business conduct commitments.

Question 3

Which GRI standard addresses disclosures related to child labor, including risks in operations and supply chains?

Accepted Answer

GRI 408

Answer

GRI 408: Child Labor covers disclosures on operations and suppliers considered to have significant risk for incidents of child labor.

Question 4

What is the purpose of a 'GRI Content Index' in a sustainability report?

Accepted Answer

To provide a navigational tool mapping each GRI disclosure to where it appears in the report

Answer

The GRI Content Index maps all GRI Standard disclosures to their location in the report, enabling stakeholders to quickly verify compliance and find specific information.

Question 5

When reporting on human rights due diligence under GRI, which UN framework do the GRI Standards most closely align with?

Accepted Answer

The UN Guiding Principles on Business and Human Rights (UNGPs)

Answer

GRI's human rights-related standards are closely aligned with the UN Guiding Principles on Business and Human Rights, which establish the 'protect, respect and remedy' framework.

(GRI) Global Reporting Initiative Professional Certification Practice Test

(GRI) Global Reporting Initiative Professional Certification Practice Test

GRI Regulatory Compliance & Ethical Standards 3