Towards integrated reporting

Multiple-choice questions. In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please reread the article before attempting the questions again.

According to Forvis Mazars, what percentage of APAC companies incorporate sustainability metrics within their financial reports?

54 percent

73 percent

44 percent

40 percent

According to Forvis Mazars, by how many percentage points did sustainability reporting in APAC companies decrease from 2023 to 2024?

There was no significant change

Which body has set an international precedent on ESG with its directive on shareholder rights?

European Union

Global Reporting Initiative

International Sustainability Standards Board

US Securities and Exchange Commission

According to Forvis Mazars, what proportion of executives in APAC still regard sustainability initiatives as a cost centre?

Around a third

Around a quarter

More than half

Less than half

How does integrating sustainability and financial reporting benefit an organisation?

All of the other answers

It can enable differentiation

It can build trust

It can drive long-term value

In Singapore, integrating reporting…

Is voluntary, but companies get a tax break for producing integrated reports

Is compulsory for companies with more than 250 employees

Is compulsory for companies with over SD2m turnover

Is voluntary

What should be the first stage of an assessment of material sustainability issues?

Engaging with stakeholders

The order does not matter as long as all areas are covered

Conducting a dual-materiality assessment

Comparing material issues against enterprise risk assessments and established frameworks

Which of the following statements is true? Statement 1, studying peers’ sustainability practices can support an organisation’s move towards integrated reporting, or statement 2, studying peers’ sustainability practices is only useful if the organisation is operating under comparable reporting regulations

Statement 1

Statement 2

Neither statement

Both statements

According to Forvis Mazars, what is the biggest growth constraint among APAC businesses?

Not keeping up with technological advances

Regulations in their home jurisdiction

Talent shortages

Supply chain stability

According to PwC’s analysis of EU Corporate Sustainability Reporting Directive reports, what do companies prioritise?

Climate action

Workforce wellbeing

Ethical business conduct