Question 1

Which of the following correctly fills the gaps in the paragraph below?

ESRS 2 IRO-1 mandates organizations to disclose their process to identify __________ and assess

their materiality, including if and how consultation with __________ informed the outcome of the

process. Because most __________ arise from impacts, impact materiality is often the starting point

for __________.

Options :

A :

affected stakeholders; impacts, risks, and opportunities; financial materiality; risks and opportunities.

B :

impacts, risks, and opportunities; affected stakeholders; risks and opportunities; financial materiality.

C :

financial materiality; affected stakeholders; impacts, risks, and opportunities; risks and opportunities.

Answer: B

Question 2

Which of the following can organizations use to identify actual and potential IROs during Step B of the double materiality assessment process? Select all options that apply.

Options :

A : The list of sustainability matters in ESRS 1 AR 16

B : Financial materiality thresholds

C : Due diligence processes

D : Feedback from stakeholders

Answer: A,C,D

Question 3

Indicate whether the following statement is true or false.

The goal of assurance is to confirm the reliability of information related to an organization's

sustainability risks, how these risks are managed and reduced, and the organization's performance

data.

Options :

A : True

B : False

Answer: A

Question 4

Indicate whether the following statement is true or false.

The EU Taxonomy and ESRS digital taxonomy serve the same purpose in sustainability reporting.

Options :

A : True

B : False

Answer: B

Free ESRS-Professional Mock Exam – Practice Online Confidently

Buying Options: