ESRS-Professional Braindumps Torrent, ESRS-Professional Exam Experience
Braindumpsqa ESRS-Professional Questions have helped thousands of candidates to achieve their professional dreams. Our ESRS Professional Certification Exam (ESRS-Professional) exam dumps are useful for preparation and a complete source of knowledge. If you are a full-time job holder and facing problems finding time to prepare for the ESRS Professional Certification Exam (ESRS-Professional) exam questions, you shouldn't worry more about it.
Our ESRS-Professional PDF format is also an effective format to do test preparation. In your spare time, you can easily use the ESRS-Professional dumps PDF file for study or revision. The PDF file of GRI ESRS-Professional real questions is convenient and manageable. These GRI ESRS-Professional Questions are also printable, giving you the option of paper study since some GRI ESRS-Professional applicants prefer off-screen preparation rather than on a screen.
>> ESRS-Professional Braindumps Torrent <<
ESRS-Professional Exam Experience, Exam ESRS-Professional Demo
We have three formats of study materials for your leaning as convenient as possible. Our GRI Sustainability Professionals question torrent can simulate the real operation test environment to help you pass this test. You just need to choose suitable version of our ESRS-Professional guide question you want, fill right email then pay by credit card. It only needs several minutes later that you will receive products via email. After your purchase, 7*24*365 Day Online Intimate Service of ESRS-Professional question torrent is waiting for you. We believe that you don’t encounter failures anytime you want to learn our ESRS-Professional guide torrent.
GRI ESRS Professional Certification Exam Sample Questions (Q25-Q30):
NEW QUESTION # 25
EcoFurniture Inc., an organization producing eco-friendly furniture, is conducting Step B of its double materiality assessment. During this step it identifies potential deforestation impacts in its upstream value chain due to its timber sourcing and reputational risks related to environmental standards compliance. Which of the following actions should EcoFurniture take during Step B to ensure a comprehensive assessment of its actual and potential IROs? Select all that apply.
Answer: A,C,D
Explanation:
EcoFurniture Inc. is performingStep B of its double materiality assessmentunder ESRS, which involves identifying and assessingimpacts, risks, and opportunities (IROs)from both animpact materialityand financial materialityperspective.
During Step B, the organization must:
* Compare entity-specific sustainability matters to ESRS 1 AR 16
* Screening sustainability matters listed in ESRS 1 AR 16ensures that EcoFurniture Inc.
identifies allpotential material topicsand aligns them with itsspecific sustainability context.
* Action:#(A) is correct
* Engage with affected stakeholders
* Stakeholder engagementis a key requirement in the ESRSdouble materiality process, especially for industries with environmental and social impacts, such as deforestation risks in EcoFurniture's timber sourcing.
* ESRS 2 IRO-1 explicitly states that stakeholder engagement is necessary tovalidate materiality assessments.
* Action:#(B) is correct
* Consider downstream impacts
* ESRS mandates assessingboth upstream and downstreamsustainability impacts.Ignoring potential risks in the downstream value chain is not aligned with ESRS requirements.
* Action:#(C) is incorrect
* Use scientific research to validate sustainability trends and risks
* Theuse of scientific evidenceis an essential part of assessing sustainability matters.ESRS encourages leveraging research and external data to confirm industry-specific sustainability risks.
* Action:#(D) is correct
Conclusion:EcoFurniture Inc. must integratestakeholder engagement, scientific research, and systematic comparison of sustainability matters to ESRS requirementsto ensure a robust Step B materiality assessment.Ignoring the downstream value chain is not permissibleunder ESRS.
* Commission Delegated Regulation (EU) 2023/2772
* Compilation Explanations January - November 2024
Official References:
NEW QUESTION # 26
What disclosures must be included in the sustainability statement? Select all that apply.
Answer: A,B,C
Explanation:
Thesustainability statementunder ESRS is structured according toESRS 1 and ESRS 2, outlining specific disclosure requirements. The required disclosures include:
* General Disclosure Requirements from ESRS 2
* ESRS 2 outlinesgeneral disclosure requirements, including governance, strategy, and impact, risk, and opportunity management (IROs). These disclosures are mandatory for all undertakings, providing the foundation of the sustainability statement.
* #(A) is correct
* Environmental Objectives under the EU Taxonomy Regulation
* Companies must disclose theiralignment with the EU Taxonomy Regulation, particularly under Article 8 of Regulation (EU) 2020/852, which includes financial and non-financial companies' obligations regarding taxonomy-aligned activities.
* #(B) is correct
* Financial Performance Metrics from IFRS Reports
* Financial metrics from IFRS are NOT a required disclosure under ESRS. The sustainability statement focuses on non-financial reporting, whilefinancial performance remains under IFRS standards in financial statements.
* #(C) is incorrect
* Governance-Related Information Determined by the Materiality Assessment
* Governance disclosures (ESRS G1 Business Conduct)include transparency about policies, risk management, and ethical business practices. Themateriality assessment determines the necessary governance disclosuresbased on entity-specific risks and opportunities.
* #(D) is correct
Conclusion:Thesustainability statement must include general disclosure requirements (A), environmental objectives under the EU Taxonomy (B), and governance-related information based on materiality (D). Financial performance metrics from IFRS reports (C) are not required.
* Commission Delegated Regulation (EU) 2023/2772
* Compilation Explanations January - July 2024
Official References:
NEW QUESTION # 27
Which of the following are key steps in preparing to develop an ESRS report?
Select all that apply.
Answer: A,C,E,F
Explanation:
Preparing anESRS reportinvolves multiple key steps to ensure compliance with CSRD requirements. Below is an evaluation of each option:
* A. True-Internal controlsandstakeholder engagementare critical for ensuring accurate sustainability reporting. Stakeholders play a role inmateriality assessmentsand governance structures.
* B. True-Materiality assessmentis essential to determinewhich sustainability matters are most relevantfor disclosure. The ESRS framework requires organizations to report only onmaterial sustainability topics.
* C. False-Stakeholder opinions are crucialin sustainability reporting. Organizations must engage with employees, customers, investors, and affected communitiesto identify material sustainability matters.
* D. True-Benchmarking and gap analysishelp companies compare their sustainability performance againstESRS requirements, industry best practices, and peer organizations.
* E. False-Sustainability reporting goes beyond financial data collection.The ESRS requires environmental, social, and governance (ESG) disclosures, which include qualitative and quantitative indicators.
* F. True-Planning for external assuranceis critical under the CSRD mandate, aslimited assurance is required initially, progressing toreasonable assurance by 2028.
Key Steps in ESRS Report PreparationStep
Purpose
Internal Controls & Stakeholder Engagement
Ensure accuracy and transparency in reporting
Materiality Assessment
Identify key sustainability topics for disclosure
Benchmarking & Gap Analysis
Compare with industry standards and ESRS requirements
External Assurance Planning
Prepare for third-party validation of sustainability data
* Commission Delegated Regulation (EU) 2023/2772, Sections onMateriality Assessment, Internal Controls, and Assurance.
Official References:
NEW QUESTION # 28
Which of the following are true about impact materiality and financial materiality under the ESRS? Select all that apply.
Answer: B,D
Explanation:
Understanding Impact and Financial Materiality under ESRSTheESRS frameworkis based ondouble materiality, which comprises:
* Impact Materiality- This relates to the organization's potentialpositive or negative impactson people or the environment, irrespective of whether these impacts translate into financial effects.
* Financial Materiality- This refers to sustainability matters thataffect the company's financial position, including risks and opportunities that influence financial outcomes over theshort, medium, or long term.
* (A) False:A sustainability topic can be materialeven if it does not directly affect financial performance; it may still beimpact material.
* (D) False:Impact and financial materiality are equally importantunder ESRS. Neither is prioritized over the other.
* (E) False:TheESRS process generally begins with impact materiality, not financial materiality.
* Commission Delegated Regulation (EU) 2023/2772, Section 3.3 on Double Materiality
* EFRAG Materiality Guidance on ESRS, which provides methodologies for assessing impact and financial materiality Why the other options are incorrect:References:
NEW QUESTION # 29
How do the ESRS define stakeholders?
Answer: B
Explanation:
According to the European Sustainability Reporting Standards (ESRS) under the Commission Delegated Regulation (EU) 2023/2772, stakeholders are defined as individuals or groups who can affect or be affected by the undertaking. The ESRS distinguishes between two main groups of stakeholders:
* Affected stakeholders: These are individuals or groups whose interests are affected or could be affected - positively or negatively - by the undertaking's activities and its direct and indirect business relationships across its value chain.
* Users of sustainability statements: These include primary users of general-purpose financial reporting (e.g., existing and potential investors, lenders, and other creditors such as asset managers, credit institutions, and insurance undertakings) and other users, including the undertaking's business partners, trade unions, social partners, civil society and non-governmental organizations, governments, analysts, and academics.
Furthermore, engagement with affected stakeholders is a crucial aspect of the undertaking's ongoing due diligence process and sustainability materiality assessment. This involves identifying and assessing actual and potential negative impacts to inform the materiality assessment process for sustainability reporting.
Official References:
* Commission Delegated Regulation (EU) 2023/2772 of 31 July 2023 supplementing Directive 2013/34
/EU on sustainability reporting standards.
* ESRS 1: General Requirements, Section 3.1 (Stakeholders and their relevance to the materiality assessment process).
NEW QUESTION # 30
......
As you can see on our website, there are versions of the PDF, Software and APP online. PDF version of our ESRS-Professional study materials- it is legible to read and remember, and support customers’ printing request. Software version of our ESRS-Professional exam questions-It support simulation test system and times of setup has no restriction. Remember this version support Windows system users only. App online version of ESRS-Professional Practice Engine -Be suitable to all kinds of equipment or digital devices.
ESRS-Professional Exam Experience: https://www.braindumpsqa.com/ESRS-Professional_braindumps.html
GRI ESRS-Professional Braindumps Torrent Thus, you would never risk your precious time and money, When you use ESRS-Professional test guide, you can also get our services at any time, GRI ESRS-Professional Braindumps Torrent You can choose the one which you like best, In addition, we offer free demos and up to 1 year of free GRI ESRS-Professional Exam Experience Dumps updates, Our company highly recommends you to try the free demo of ourESRS-Professional study material and test its quality feature before purchase.
Introduction to Microsoft Power BI Video Add ESRS-Professional Exam Experience To My Wish List, In Its way, we cannot say that our life is necessary and happy due to theglobal contribution of information technology ESRS-Professional in our daily life, while at the same time it has created a weak feeling that all is well.
Pass Guaranteed ESRS-Professional - ESRS Professional Certification Exam Fantastic Braindumps Torrent
Thus, you would never risk your precious time and money, When you use ESRS-Professional test guide, you can also get our services at any time, You can choose the one which you like best.
In addition, we offer free demos and up to 1 year of free GRI Dumps updates, Our company highly recommends you to try the free demo of ourESRS-Professional study material and test its quality feature before purchase.