Sustainability Assurance Quiz

What is the primary goal of sustainability assurance?

• Reducing operational costs

• Increasing profit through environmental investments

• Minimizing tax liabilities

• Enhancing the degree of confidence in sustainability information

Which regulation requires financial institutions in Indonesia to implement sustainable finance?

• POJK 51/2017

• CSRD

• SEOJK 16/2021

• NFRD

What does ISSA5000 primarily focus on?

• GHG Assurance

• Corporate governance

• Sustainability reporting assurance

• Financial auditing

Which of the following is a strength of ISSA5000?

• Lack of practical examples

• Dependency on external teams

• High credibility and rigor

• Complex and technical

What is the expected consequence of the increasing integration of financial and sustainability assurance processes?

• Decreasing accuracy in reporting

• More coherent and unified reporting

• The need for audit is reduced

• Stakeholder trust lowers

What is the most frequently used sustainability reporting standard in Indonesia?

• GRI

• TCFD

• SASB

• IFRS

What does the acronym TCFD stand for?

• Technical Committee for Climate Disclosure

• Task Committee for Financial Data

• Technical Committee for Financial Development

• Task Force on Climate-Related Financial Disclosure

What is a major challenge for assurance and ISSA5000 in Indonesia?

• Immature business processes

• Market maturity

• High demand for assurance

• Strong regulatory framework

Which of the following is a component of the Climate Risk Management and Scenario Analysis (CRMS) report?

• Sustainability governance

• Financial performance

• Stakeholder engagement

• Climate risk governance

What is the role of technology in sustainability reporting?

• Minimizing tax liabilities

• Reducing operational costs

• Data collection and integration

• Enhancing stakeholder trust