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Sustainability Standards and Frameworks

Total questions: 20

Worksheet time: 7mins

Name
Class
Date
1.

GRI standard came into existence in which year

a)

1997

b)

1996

c)

1985

d)

2000

2.

What are the four core elements of the TCFD recommendations?

a)

 Governance, Risk Identification, Risk Management, Target

b)

Governance, Strategy, Scenario Analysis, Risk Identification, Metrics & Targets

c)

 Management, Strategy, Risk Management, Emissions

d)

Governance, Strategy, Risk Management, Metrics & Targets

3.

Which one of the following is one of the series of GRI standards

a)

9001

b)

400

c)

500

d)

700

4.

Which of the following frameworks asks for company data?

a)

GRI

b)

TCFD

c)

CDP

d)

IR

5.

Which one of the following is not a sustainability standard or a framework?

a)

TCFD

b)

EcoVadis

c)

SASB

d)

CDP

6.

Which of the following frameworks is also applicable for cities ?

a)

GRI

b)

SASB

c)

CDP

d)

ISSB

7.

This is a symbolic representation for which SDG

a)

SDG 3

b)

SDG 5

c)

SDG 9

d)

SDG 10

8.

SBTi stands for

a)

Science based targets initiative

b)

Science based target information

c)

Science based target insights

d)

Science based target informatics

9.

Why was the TCFD set up?

a)

To help organizations better understand their future financial position in relation to climate change.

b)

To help organizations provide better information, so as to understand the future impact related to climate change so that risks are appropriately priced.

c)

To create a new reporting framework for organizations to disclose all matters related to climate change

d)

All of the above.

10.

BRSR was set up by which organization

a)

EU

b)

World Bank

c)

SEBI

d)

IFRS foundation

11.

Which attribute falls under scope 1 emissions?

a)

Purchased goods and services

b)

Emissions due to travel by company owned vehicles

c)

Emissions due to grid electricity production

d)

None of the options

12.

CSRD stands for

a)

Corporate sustainability ratings department

b)

Corporate sustainability ratings decision

c)

Corporate sustainability reporting department

d)

Corporate sustainability reporting directive

13.

The three series of GRI standard

a)

Environmental, Social, Governance

b)

Environmental, Economic, Social

c)

Environmental, Economic, Social

d)

Environmental, Economic, Risk management

14.

Total number of categories under scope 3 emissions

a)

14

b)

11

c)

2

d)

15

15.

Choose the right match

a)

SDG 5 Gender Equality

b)

SDG 7 Affordable and clean energy

c)

SDG 6 Clean water and sanitation

d)

SDG 12 Responsible consumption and production

16.

Triple bottom line includes

a)

People, Planet Profit

b)

People, Product, Peace

c)

People, Peace, Position

d)

People, Product, Profit

17.

Headquarters of GRI are located in

a)

London, UK

b)

New York

c)

Amsterdam, Netherlands

d)

Norway

18.

This person is the founder of which of these standards/frameworks

a)

TCFD

b)

SASB

c)

CDP

d)

ISSB

19.

Which of the following are the main features of the GRI standards?

a)

Modular structure; Standards can be used individually or in combinations.

b)

Content is organized into requirements (shall), recommendations (should), and guidance.

c)

Requires organizations to identify and report on material topics

d)

All

20.

Corporate disclosures of sustainability information serve which two of the following purposes in capital markets? (More than one correct answer)

a)

Aid in valuation for financial analysts

b)

Demand additional regulation for corporations

c)

Allow investors to assess risks and opportunities related to their investments

d)

Prevent non-governmental organizations from “naming and shaming” poor ESG performers