SFP Performance Measurement & Reporting 3

Question 1

Which organization publishes the GHG Protocol Corporate Accounting and Reporting Standard?

Accepted Answer

World Resources Institute and WBCSD

Answer

The GHG Protocol standards are developed by the World Resources Institute (WRI) and World Business Council for Sustainable Development (WBCSD).

Question 2

What is the key distinction between 'leading' and 'lagging' sustainability indicators?

Accepted Answer

Leading indicators predict future outcomes; lagging indicators measure past results

Answer

Leading indicators (e.g., training completions) predict future performance, while lagging indicators (e.g., incident rates) reflect outcomes already achieved.

Question 3

A facility wants to report aligned with the Task Force on Climate-related Financial Disclosures (TCFD). Which four pillars must the report address?

Accepted Answer

Governance, Strategy, Risk Management, Metrics & Targets

Answer

TCFD reporting is organized around four thematic pillars: Governance, Strategy, Risk Management, and Metrics & Targets.

Question 4

When calculating an emission factor for electricity consumption, which variable must be matched to the facility's actual grid region?

Accepted Answer

eGRID subregion marginal or average emission factor

Answer

EPA's eGRID provides emission factors by subregion, reflecting the actual fuel mix of the grid serving the facility.

Question 5

What is 'assurance' in the context of sustainability reporting?

Accepted Answer

Third-party verification that reported data is accurate and complete

Answer

External assurance involves an independent auditor verifying that a sustainability report's data and disclosures meet stated standards.

(SFP) Certified Sustainability Facility Professional Practice Test

(SFP) Certified Sustainability Facility Professional Practice Test

SFP Performance Measurement & Reporting 3