Deck 17: Sustainability Reporting

Question 1

Which of the following is an environment performance indicator?

A) Policy, practices and spending on locally based suppliers
B) Direct economic value generated
C) Gender and age diversity
D) Energy consumption

Answer 1

D

Question 2

Which of the following is an economic performance indicator?

A) Direct energy consumption by a primary energy source
B) Percentage of products sold and their packaging materials that are reclaimed
C) Total direct and indirect gas emissions of suppliers
D) None of the above

Answer 2

D

Question 3

The stakeholder engagement process does NOT involve:

A) engaging stakeholders to identify and understand sustainability issues.
B) determining the relevance of sustainability issues.
C) reporting sustainability issues to shareholders.
D
Engaging stakeholders in assurance of the sustainability report.

Answer 3

D

Question 4

Integrated reporting:

A) includes a sustainability report regarding energy reduction and greenhouse emissions in an organisation's annual report.
B) is an additional report to be prepared by organisations as required by accounting standards.
C) reflects the commercial, social and environmental setting in which the organisation operates.
D) None of the above

Question 5

Which of the following is NOT an objective of integrated reporting?

A) To provide information about an organisation's future prospects, its risks and its plans for the future
B) To demonstrate how the organisation's performance is linked to its organisational activities and the environment in which it operates
C) To disclose the strategies undertaken to ensure dividend returns to shareholders
D) To disclose the strategies and objectives of the organisation

Question 6

Which of the following is NOT disclosed in sustainability reports?

A) Assessments of the impact on the local community
B) Policies and practices regarding sourcing from local suppliers
C) Accounting policies and estimates
D) Initiatives to reduce greenhouse gas emissions

Question 7

Which of the following are Environmental GRI performance indicators?

A) i and ii only
B) i and iii only
C) ii and iii only
D) i, ii and iii

Question 8

Which of the following is NOT a reason for having sustainability reports audited?

A) To provide improved reporting processes
B) To improve the quality of the information in sustainability reports
C) To meet the requirements of Australian accounting standards
D) To increase the credibility of sustainability reports

Question 9

Which of the following statements regarding integrated reporting is NOT true?

A) Integrated reporting is an additional report included in the annual financial reports of an organisation.
B) An integrated report includes the strategies and objectives of the organisation.
C) Integrated reports focus on the most material information.
D) Integrated reporting includes short-term, medium-term and long-term considerations.

Question 10

Which of the following is NOT a reason why a company would prepare a sustainability report?

A) Being compliant with accounting standards
B) Demonstrating a commitment to managing the environment
C) Increasing the company's reputation
D) Improvement of management processes

Question 11

Disclosure of information in sustainability reports is determined by:

A) senior management of the organisation that is reporting.
B) accounting standards.
C) Australian Securities Industry Commission.
D) company law reporting requirements.

Question 12

Sustainability reporting refers to:

A) environmental, social and economic performance.
B) reporting on carbon emissions.
C) maximising the net returns to shareholders.
D) integrated reporting, which is an additional report included in the annual financial reports of an organisation.

Question 13

The Global Reporting Initiative sets out:

A) guidelines on how to reduce carbon emissions.
B) principles to measure and report measures used to reduce carbon emissions.
C) principles to measure and report economic, environmental and social performance.
D) how organisations should behave ethically in regards to carbon emissions.