CSC Compliance Reporting & Documentation 3 — Questions and Answers
Question 1: Under California's SB 253 (Climate Corporate Data Accountability Act), which companies must report Scope 3 emissions?
- All California-incorporated companies regardless of size
- US companies doing business in California with over $1 billion in annual revenue (Correct answer)
- Only publicly traded companies listed on US stock exchanges
- Companies with more than 500 employees in California
Correct answer: US companies doing business in California with over $1 billion in annual revenue
California's SB 253 requires US companies doing business in California with annual revenues exceeding $1 billion to disclose Scope 1, 2, and 3 greenhouse gas emissions.
Question 2: In SASB reporting standards, what does the acronym 'SASB' stand for?
- Sustainability Accounting Standards Bureau
- Sustainability Accounting Standards Board (Correct answer)
- Standards Advisory for Sustainability Benchmarking
- Sustainable Asset and Stakeholder Board
Correct answer: Sustainability Accounting Standards Board
SASB stands for the Sustainability Accounting Standards Board, which develops industry-specific sustainability accounting standards for investor-focused disclosure.
Question 3: A manufacturing company is preparing its first TCFD-aligned climate report. Which of the four TCFD pillars addresses how the organization identifies and assesses climate-related risks?
- Governance
- Strategy
- Risk Management (Correct answer)
- Metrics and Targets
Correct answer: Risk Management
The TCFD's Risk Management pillar describes an organization's processes for identifying, assessing, and managing climate-related risks.
Question 4: When documenting an environmental management system (EMS) audit, which ISO standard provides the audit guidelines that must be followed?
- ISO 14001
- ISO 14011
- ISO 19011 (Correct answer)
- ISO 14064
Correct answer: ISO 19011
ISO 19011 provides guidelines for auditing management systems, including environmental management systems certified under ISO 14001.
Question 5: A company discloses in its sustainability report that its supply chain emissions represent 78% of its total carbon footprint. Under GHG Protocol, these emissions fall under which category?
- Scope 1 — Direct emissions
- Scope 2 — Indirect energy emissions
- Scope 3 — Value chain emissions (Correct answer)
- Scope 4 — Avoided emissions
Correct answer: Scope 3 — Value chain emissions
Supply chain emissions, which occur outside the company's direct operations, are classified as Scope 3 value chain emissions under the GHG Protocol Corporate Standard.
Question 6: Under OSHA's environmental recordkeeping requirements, how long must employers retain records of work-related illnesses and injuries on the OSHA 300 Log?
- 1 year
- 3 years
- 5 years (Correct answer)
- 10 years
Correct answer: 5 years
OSHA requires employers to retain OSHA 300 Logs, OSHA 300-A Summaries, and OSHA 301 Incident Reports for five years following the end of the calendar year they cover.
Question 7: A consultant notices that a client's sustainability report omits the GRI 2-29 disclosure. What information is this disclosure supposed to cover?
- The organization's approach to tax transparency
- Stakeholder engagement approach and key stakeholders identified (Correct answer)
- Description of supply chain due diligence practices
- Board committee responsibilities for sustainability
Correct answer: Stakeholder engagement approach and key stakeholders identified
GRI 2-29 requires organizations to disclose their approach to stakeholder engagement, including how they identify and engage key stakeholders.
CSC Compliance Reporting & Documentation 3
Under California's SB 253 (Climate Corporate Data Accountability Act), which companies must report Scope 3 emissions?