What are the main components of the GRI Standards?

The main components of the GRI Standards are indeed Universal Standards, Topic-specific Standards, and the GRI Framework.

Universal Standards serve as the foundation for sustainability reporting, establishing the overall principles and requirements for organizations to follow. This includes the General Requirements, which outline the fundamental aspects of reporting, and the Reporting Principles, which guide the quality of the information disclosed.

Topic-specific Standards provide in-depth guidelines for reporting on specific sustainability issues, such as environmental impacts, human rights, or labor practices. These standards help organizations understand how to measure and communicate their performance on pertinent topics, tailored to their specific industry or context.

The GRI Framework, encompassing these standards, not only supports the development of a comprehensive sustainability report but also ensures that the reports are relevant, comparable, and transparent for stakeholders.

The other options do not accurately reflect the structured approach of the GRI Standards, as they either mislabel components or introduce terms that do not align with GRI's established terminology. For instance, terms like "Performance Indicators" or "Operational Standards" do not properly capture the systematic organization of the GRI Standards as it is intended for sustainability reporting.