Certified Supply Chain Professional (CSCP) Practice Exam

Economic performance in GRI reports includes which of the following?

1. Community engagement

2. Environmental impacts

3. Costs, revenues, and taxes

4. Workforce diversity

The correct answer is: Costs, revenues, and taxes

Economic performance in Global Reporting Initiative (GRI) reports primarily focuses on financial metrics that provide insights into an organization's economic health and contributions to the economy. This encompasses aspects such as costs, revenues, and taxes, which are essential for understanding how a company generates income, manages expenses, and fulfills its obligations to the government through tax payments. Including costs reflects how efficiently resources are utilized, while revenues indicate the financial success of the organization. Taxes are indicative of the company's contribution to society and its adherence to regulatory requirements. The other options relate to social or environmental aspects rather than directly to economic performance. Community engagement speaks to the relationship and commitment an organization has to its surrounding community; environmental impacts concern the ecological footprint of the organization's activities; and workforce diversity pertains to HR policies and inclusivity within the workplace. While all these areas are important for a holistic view of corporate responsibility and sustainability, they do not specifically measure the economic performance which is focused on monetary factors.