Skip to content

CS Professional · CSR and Social Governance · CSR and Sustainable Development Goals

Anand Steels Ltd prepares a sustainability disclosure that lets stakeholders compare its economic, environmental and social impacts using modular topic standards (universal, sector and topic standards) and a 'with reference to' reporting option. Which standard setter's framework is this?

This is the Global Reporting Initiative Standards framework. GRI uses modular Universal, Sector and Topic Standards and offers 'in accordance with' and 'with reference to' reporting options, focusing on a company's economic, environmental and social impacts. Integrated Reporting instead centres on six capitals and value creation.

  1. AGlobal Reporting Initiative StandardsCorrect
  2. BInternational Integrated Reporting Framework on six capitals
  3. CUN Global Compact ten principles
  4. DOECD Guidelines for Multinational Enterprises

Explanation

GRI Standards are organised as Universal, Sector and Topic Standards and allow reporting 'in accordance with' or 'with reference to' them, focusing on organisational impacts. The Integrated Reporting Framework is built around six capitals and value creation, so it does not match the modular description.

Did you get it right without looking?

One question tells you little. A timed set on CSR and Sustainable Development Goals shows your real accuracy, how long you take and where you lose marks.

Practise CSR and Sustainable Development GoalsFree diagnostic mock

More CSR and Sustainable Development Goals questions