Page 353 - CA Final PARAM Digital Book.

PART 1- SDG & ESG

QNO Global trends in sustainable reporting New Course – (SM23)
SDG.100 TITANIUM CNO -- SDG.060

What are the global trends in sustainable reporting?

Answer Mandatory Reporting Entities: Mandatory reporting requirements are associated with the public
sector, government-run companies, large corporations, multi-national conglomerates, and listed
companies.
Sector-Specific Provisions: Sector-specific and thematic reporting provisions are becoming more
common.
GRI Usage & Popularity: The Global Reporting Initiative (GRI) is used by 93% of the world’s largest 250
corporations for sustainability reporting. GRI is utilized in over 100 countries for sustainability
reporting. The GRI is based in Amsterdam with operational hubs in Brazil, China, Colombia, India,
South Africa, and the US. GRI Standards are developed with multi-stakeholder contributions and are
rooted in the public interest.
Different Reporting Frameworks
Global Reporting Initiative (GRI): GRI helps organizations report on economic, environmental, and
social impacts, addressing all stakeholders.
Carbon Disclosure Project (CDP): CDP captures environmental performance data related to emissions,
water, forests, and supply chain, addressing investors, buyers, and stakeholders.
International Integrated Reporting Framework (IIRC): IIRC has principles and elements for companies
to produce integrated reports, covering overview, governance, business model, risks, strategy, and
outlook.

QNO 6 C’s of Integrated reporting New Course – (SM23)
SDG.200 TITANIUM CNO -- SDG.080

What are the 6 C’s of Integrated reporting?

Answer There are 6 Cs of Integrated Reporting – also known as 6 capitals:
i) Financial Capital:
Available funds to the organization obtained through financing like debt, equity, or grants, or
generated from operations or investments.
ii) Manufactured Capital:
Human-created equipment and tools used in the production of goods or services, including
infrastructure like roads, ports, and water treatment plants.
iii) Natural Capital:
Inputs to production and services. Impacted by an organization’s activities. Includes water, land,
minerals, forests, and ecosystem health.
iv) Human Capital:
Skills, experience, alignment with the organization’s values, understanding of strategy, and motivation
to innovate and improve.
v) Social Capital:
Institutions and relationships enhancing well-being. Includes common values, trust with stakeholders,
and an organization’s social license to operate.
vi) Intellectual Capital:
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