CAF-6 · Chapter 14 · Question 14 of 15
Under the 'Risk Management' core content of IFRS S1, what is the key disclosure requirement?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) The processes the entity uses to identify, assess, prioritize, and monitor sustainability-related risks.
Explanation
This section requires entities to explain their frameworks and protocols designed to identify, assess, and mitigate sustainability-related risks effectively.
More ESG and Sustainability MCQs
- Q1What does the acronym 'ESG' stand for in the context of corporate reporting and sustainability?
- Q2What is the primary objective of IFRS S1 (General Requirements for Disclosure of Sustainability-related Financial Information)?
- Q3Which of the following is considered an 'Environmental' factor in ESG reporting?
- Q4IFRS S1 categorizes its core content into four areas. Which of the following is NOT one of those four areas?
- Q5Under the 'Governance' core content area of IFRS S1, what type of information is an entity primarily expected to disclose?