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Question 369 - CSCP discussion

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Which of the following statements best describes the motivation for the creation of the Global Reporting initiative (GRI) sustainability reporting guidelines?

A.
To combat widely reported sustain ability abuses of multi-national companies
Answers
A.
To combat widely reported sustain ability abuses of multi-national companies
B.
To combat mc reeled globalization and consumption of natural resources
Answers
B.
To combat mc reeled globalization and consumption of natural resources
C.
To support governmental regulation on use and export of natural resources
Answers
C.
To support governmental regulation on use and export of natural resources
D.
To support companies working to make their operations more sustainable
Answers
D.
To support companies working to make their operations more sustainable
Suggested answer: D

Explanation:

The Global Reporting Initiative (GRI) sustainability reporting guidelines were created to support companies in making their operations more sustainable. The GRI provides a standardized framework for reporting on environmental, social, and governance (ESG) performance, helping organizations to measure and communicate their sustainability efforts transparently. This promotes accountability and enables stakeholders to make informed decisions. While combating sustainability abuses (A) and resource consumption (B), and supporting regulation (C) are related concerns, the primary motivation is to assist companies in their journey toward sustainability.

Global Reporting Initiative. (2020). GRI Standards. https://www.globalreporting.org

KPMG. (2017). The Road Ahead: The KPMG Survey of Corporate Responsibility Reporting 2017.

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asked 16/09/2024
Billy Raymond
31 questions
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