The Sustainability Reporting Framework That Is the Most Widely Accepted

question 46

Multiple Choice

The sustainability reporting framework that is the most widely accepted standard for corporate sustainability reporting around the world is:

• A) the ASX Corporate Governance Principles.
• B) the Global Reporting Initiative (GRI).
• C) the balanced scorecard.
• D) none of the above.

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Definitions:

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Operating Expenses

Costs associated with running the day-to-day operations of a business, such as rent, utilities, and payroll, but excluding costs related to production.

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.

Denominator

The bottom number in a fraction that shows into how many equal parts the whole is divided.