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GRI ESRS-Professional Exam Questions
- Topic 1: GRI Standards for Sustainability Reporting: This section measures the skills of Sustainability Reporting Managers and covers foundational knowledge of the GRI Standards. It introduces sustainability reporting, key concepts, and the process for developing and updating GRI Standards. It also focuses on the benefits of sustainability reporting and the main concepts, such as reporting principles, stakeholder engagement, impact, and material topics.
- Topic 2: Reporting on Human Rights with the GRI Standards: This section measures the skills of Sustainability Consultants and focuses on providing an in-depth overview and analysis of how to report on human rights using the GRI Standards. It describes key concepts, the process for identifying impacts, determining material topics, and practical insights through case studies and examples.
- Topic 3: Integrating the SDGs into Sustainability Reporting: This section measures the skills of Sustainability Reporting Managers and focuses on how to integrate the SDGs into existing sustainability reporting processes. It explores the four-step approach outlined in the revised GRI Universal Standards 2021, highlighting the global sustainability challenges addressed by the Global Goals.
- Topic 4: ESRS Reporting Standards: This section measures the skills of Sustainability Consultants and covers all aspects of reporting with the European Sustainability Reporting Standards (ESRS). It includes preparing for the first reporting cycle, understanding stakeholder engagement, conducting a double materiality assessment, and meeting general disclosure requirements.
- Topic 5: External Assurance and Digital Reporting: This section measures the skills of Sustainability Reporting Managers and explores the fundamentals of external assurance and digital reporting under the CSRD and ESRS. It examines how to prepare effectively for assurance and navigate digital reporting with XBRL taxonomy.
Free GRI ESRS-Professional Exam Actual Questions
Note: Premium Questions for ESRS-Professional were last updated On Mar. 07, 2025 (see below)
What disclosures must be included in the sustainability statement? Select all that apply.
The sustainability statement under ESRS is structured according to ESRS 1 and ESRS 2, outlining specific disclosure requirements. The required disclosures include:
General Disclosure Requirements from ESRS 2
ESRS 2 outlines general 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 their alignment 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, while financial 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. The materiality assessment determines the necessary governance disclosures based on entity-specific risks and opportunities.
(D) is correct
Conclusion:
The sustainability 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.
Official Reference:
Commission Delegated Regulation (EU) 2023/2772
Compilation Explanations January - July 2024
Which statements about Inline XBRL are TRUE?
Select all that apply.
Inline XBRL (iXBRL) is the digital reporting format required under the Corporate Sustainability Reporting Directive (CSRD) to ensure standardized and machine-readable sustainability reporting.
It is required under CSRD for sustainability reporting
The CSRD mandates the use of Inline XBRL for sustainability reports, ensuring digital tagging for structured data submission, making information easier to analyze by regulators and investors.
(A) is correct
It only applies to narrative disclosures, not numerical data
Incorrect. Inline XBRL applies to both numerical data (KPIs, metrics) and narrative disclosures, allowing structured reporting across qualitative and quantitative sustainability information.
(B) is incorrect
It makes reports both human-readable and machine-readable
True. Inline XBRL embeds machine-readable tags into a human-readable document, ensuring both usability and compliance with digital reporting requirements.
(C) is correct
It ensures that tags are embedded within a visually clear format
Correct. The Inline XBRL standard ensures that the digital tags do not alter the visual presentation of the report, maintaining clarity for human readers while allowing structured data extraction.
(D) is correct
Conclusion:
Inline XBRL is required under CSRD (A), makes reports both human-readable and machine-readable (C), and ensures a visually clear format (D). However, it applies to both narrative and numerical data, making (B) incorrect.
Official Reference:
Commission Delegated Regulation (EU) 2023/2772
Compilation Explanations January - July 2024
Indicate whether the following statement is true or false.
The EU Taxonomy and ESRS digital taxonomy serve the same purpose in sustainability reporting.
The EU Taxonomy and the ESRS digital taxonomy serve different purposes in sustainability reporting:
EU Taxonomy is a classification system that identifies environmentally sustainable economic activities and establishes criteria for determining their contribution to environmental objectives. It is primarily used to guide investment decisions and financial disclosures.
ESRS Digital Taxonomy is a structured digital framework that ensures sustainability disclosures are machine-readable, standardized, and comparable under the Corporate Sustainability Reporting Directive (CSRD).
Key Differences:
Aspect
EU Taxonomy
ESRS Digital Taxonomy
Purpose
Classifies sustainable economic activities
Enables structured digital sustainability reporting
Scope
Environmental focus on investments & economic activities
Comprehensive reporting across environmental, social, and governance (ESG) areas
Users
Financial institutions, investors
Reporting entities, auditors, regulators
Regulation
Under EU Taxonomy Regulation (2020/852)
Under CSRD (Directive 2022/2464/EU)
EU Platform on Sustainable Finance Report: Simplifying the EU Taxonomy
Commission Delegated Regulation (EU) 2023/2772
Which of the following correctly fills the gaps in the sentences below?
The ESRS Taxonomy acts as a __________ for tagging sustainability disclosures, ensuring data is structured, consistent, and comparable across organizations.
The CSRD requires sustainability information to be reported in a __________ format, making it accessible to both people and machines.
Under the CSRD, sustainability reports will eventually be uploaded to the __________ platform, centralizing public financial and non-financial information across the EU.
Correct Sentence Completion:
The ESRS Taxonomy acts as a framework for tagging sustainability disclosures, ensuring data is structured, consistent, and comparable across organizations.
The CSRD requires sustainability information to be reported in a digitally accessible format, making it available for both people and machines.
Under the CSRD, sustainability reports will eventually be uploaded to the European Single Access Point (ESAP), centralizing public financial and non-financial information across the EU.
Explanation of the Selected Answer:
ESRS as a 'framework' -- The ESRS taxonomy defines a structure that allows sustainability data to be categorized and tagged effectively.
'Digitally accessible format' -- The CSRD mandates reporting in machine-readable formats such as XBRL to improve transparency and comparability.
European Single Access Point (ESAP) -- ESAP will serve as the centralized EU platform for sustainability and financial disclosures.
EU Taxonomy Regulation and CSRD Reporting Structure
EFRAG Explanation on ESRS Digital Reporting
Which of the following statements about the EU's Corporate Sustainability Reporting Directive (CSRD) and its predecessor, the Non-Financial Reporting Directive (NFRD), are correct? Select all options that apply.
The Corporate Sustainability Reporting Directive (CSRD) replaced the Non-Financial Reporting Directive (NFRD) to address its limitations in scope and reporting requirements. Below are the explanations for each option:
A . False -- The NFRD did not require all companies in the EU to include a non-financial statement. Instead, it applied only to large public-interest entities with 500 or more employees.
B . True -- The NFRD applied to large public-interest entities, including listed companies, banks, and insurance firms with more than 500 employees.
C . False -- The NFRD did not mandate external assurance for sustainability information. The CSRD introduced mandatory assurance at the EU level.
D . False -- The CSRD did not replace the NFRD; rather, it expanded and strengthened reporting requirements. The NFRD was replaced by the CSRD, but not the other way around.
E . True -- The CSRD was introduced to improve the scope and depth of sustainability reporting compared to the NFRD. It expanded the number of entities required to report, standardized disclosures via ESRS, and introduced third-party assurance requirements.
Key Differences Between CSRD and NFRD
Feature
NFRD (Old Directive)
CSRD (New Directive)
Scope
Large public-interest entities (500+ employees)
All large companies + listed SMEs
Assurance
Not required
Mandatory external assurance
Disclosure Requirements
Limited sustainability disclosures
Comprehensive ESRS-based reporting
Reporting Standards
No standardized framework
ESRS-based mandatory framework
Application Date
In force since 2018
Applies from 2024 onwards
Official Reference:
CSRD Directive (EU) 2022/2464 -- Assurance & Reporting Provisions.
ESRS Compilation Explanations January - November 2024.
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