Absolute Free ESRS-Professional Exam Practice for Comprehensive Preparation 

Indicate whether the following statement is true or false.

The EU Taxonomy and ESRS digital taxonomy serve the same purpose in sustainability reporting. 

ESRS 2 IRO-1 mandates organizations to disclose their process to identify __________ and assess

their materiality, including if and how consultation with __________ informed the outcome of the

process. Because most __________ arise from impacts, impact materiality is often the starting point

for __________. 

Which of the following can organizations use to identify actual and potential IROs during Step B of the double materiality assessment process? Select all options that apply. 

The goal of assurance is to confirm the reliability of information related to an organization's

sustainability risks, how these risks are managed and reduced, and the organization's performance

data.