Which sustainability reporting framework is impact-focused and written for a multi-stakeholder audience rather than for investors?
Which sustainability reporting framework is impact-focused and written for a multi-stakeholder audience rather than for investors?
Answer
GRI
Options - A. GRI - B. SASB - C. IFRS S2 - D. CSDS 1 Why - A. Correct — GRI reports the company’s impacts on people and the environment for society at large. - B. SASB is investor-focused and industry-specific, and now sits beneath IFRS S1. - C. IFRS S2 is the ISSB’s climate standard, written for investors, lenders and creditors. - D. CSDS 1 is the Canadian adoption of IFRS S1 — financial materiality for providers of capital.
OpenStax Accounting Vol 2 §13.3–13.4; ifrs.org (ISSB); frascanada.ca (CSSB); CSA news release 23 Apr 2025