Asked by Michael Clayton on Jul 20, 2024
Verified
The Global Reporting Initiative (GRI) is a leading organization in the field of social and environmental performance measurement. Their widely adopted sustainability reporting framework includes three universal standards and three sets of topic-specific standards. These topic-specific standards include all of the following except:
A) Environmental standards.
B) Customer standards.
C) Economic standards.
D) Social performance standards.
Global Reporting Initiative
An international organization that helps businesses and governments understand and communicate their impact on issues such as climate change, human rights, and corruption.
Sustainability Reporting
The practice of disclosing an organization's environmental, social, and governance (ESG) performance to stakeholders.
- Understand the Global Reporting Initiative (GRI) framework and its relevance to sustainability and social responsibility reporting.
Verified Answer
PO
Phanice ObasiJul 22, 2024
Final Answer :
B
Explanation :
The topic-specific standards developed by GRI include environmental standards, economic standards, and social performance standards. However, there is no set of standards specifically focused on customers. GRI's reporting framework is designed to provide a comprehensive approach to sustainability reporting, and the inclusion of topic-specific standards allows organizations to tailor their reporting to their particular areas of focus and impact.
Learning Objectives
- Understand the Global Reporting Initiative (GRI) framework and its relevance to sustainability and social responsibility reporting.