Integrated Reporting <IR> U.S. Community is a great resource for those interested in the integrated reporting movement in the U.S. This community provides live presentations on a variety integrated reporting topics that range from actual company reports to issues about assurance on integrated reports.
Last week I received an email inquiring about my experience with the GRI Standards Exam. This reminded me that several years have passed since I wrote about my experience with the GRI G4 Exam.
Definitely time for an update!
Things to consider about the GRI Standards Exam
Although completing the GRI Certified Standards Course is not a prerequisite, GRI recommends that exam candidates take the course. I agree because I have experience taking the GRI Standards Exam and am a trainer with the ISOSGroup that delivers GRI’s Certified Training. I know how the course can help you to understand the standards and to apply them. If you have taken the course, GRI gives a 20% discount off the exam fee.
After completing the course, you should study for the exam by reading the standards carefully and taking notes. Understanding how to apply the standards is important. I studied, and it paid off.
Once you register for the exam, you will be given access to sample questions. This helps to understand the format and type of questions to expect.
GRI’s Online Learning Platform administers the exam. This allows the convenience of taking the exam from any location with Internet access. You need a webcam and microphone because you will be recorded while taking the exam. If you have not used a similar test platform, you definitely will want to understand the setup details before hand. This involves making sure that your equipment is compatible with the platform and you are comfortable with the instructions.
You have 60 minutes to answer 40 questions. During the exam you have access to a non-searchable pdf of the consolidated set of standards. Don’t waste much time scrolling through the pdf document looking for answers. As with any timed exam, you need to pace yourself.
Why is this so important? ESG disclosures help internal and external decision makers assess risks and opportunities. This hearing is important because it spotlights how important these disclosures are to investors.
“Enact Sustainability Strategies, based in Sweden and The Netherlands, teams up with ISOS Group to expand its IIRC approved integrated reporting trainings in the United States and Kenya.”
“Approved by the IIRC, both one- and two-day trainings will be offered. To celebrate the partnership, representatives of both firms will ignite the U.S. market by co-delivering a training in New York City the first quarter of 2019.”
I will be involved in the Integrated Reporting training.
At the Sustainable Brands New Metrics ’18 in Philadelphia last month, I spoke about sustainable procurement. In particular, I discussed Sustainable Procurement ISO 20400.
Few people in the audience knew of the relatively new Sustainable Procurement ISO 20400 standard. As a result, I want to spread the word!
Why is a sustainable procurement standard so important? Sustainable procurement reduces risks associated with negative impacts (e.g., human rights, pollution) in your supply chain. It can highlight opportunities to prevent supply disruptions and foster communications with vendors. Your reputation and leadership can be improved by establishing sustainable purchasing policies.
Whether you work for a for-profit, nonprofit, or government agency, your organization buys things. Some organizations buy more than others and focus on short-term cost reductions. Attending to your purchasing beyond the concern for short-term costs matters. You may say you do not manufacture products but provide only services. Purchasing involves so much more than just raw material purchases because it includes buildings, janitorial supplies, equipment, and office supplies.
Does your organization need a systematic approach to sustainable procurement policies? Do you evaluate human rights and ethical behavior in selecting a supplier? How do you get top management to support sustainable procurement? How do you start or how do you improve your approach? Find answers to these questions in ISO 20400.
It is not a requirements standard but a set of guidelines for incorporating sustainability into an organization’s purchasing processes. Any organization of any size can use this. The topic areas include:
Fundamentals – core principles of sustainability and sustainable procurement
Policy and strategy – ways of adapting sustainability and sustainable procurement into policy and procurement context
Organization – conditions (e.g., governance, leadership, personnel, and engagement) needed for sustainable procurement
Procurement – process example provided to help create greater sustainability in supply chain