Materiality determines which topics, or significant impacts, are relevant and important and, therefore, essential to the Global Reporting Initiative's report.

Question

Quizplus · Accepted Answer

Materiality is a key concept in sustainability reporting, and it refers to the importance and relevance of a particular issue or impact on an organization's stakeholders, business operations, or the environment. The Global Reporting Initiative (GRI) requires companies to assess materiality in their sustainability reporting and disclose information on topics that are significant to their stakeholders and have a significant impact on their business or the environment. Therefore, the answer is True that materiality determines which topics are essential to the GRI report.

Materiality Determines Which Topics, or Significant Impacts, Are Relevant and Important