Corporate Social Responsibility & Ethics

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Questions and Answers

What is the primary goal of the Sustainable Development Goals (SDGs)?

  • To create a new trend in sustainable finance
  • To address the Environmental, Social and Governance global issues (correct)
  • To promote corporate governance around the world
  • To identify the main ESG problems for companies

What is the role of companies in promoting Sustainable Development Goals (SDGs)?

  • To ignore SDGs and focus on corporate governance
  • To focus solely on environmental impact
  • To integrate SDGs into their strategy and actions (correct)
  • To prioritize fiduciary duties over SDGs

What is the significance of the Paris Agreement for companies?

  • It is a new trend in sustainable finance
  • It is related to fiduciary duties of a company's Board (correct)
  • It is only about environmental impact
  • It is only relevant for countries, not companies

What is the main focus of Corporate Social Responsibility (CSR)?

<p>To ensure governance and ethics in business practices (D)</p> Signup and view all the answers

What is the importance of Governance in the context of ESG global issues?

<p>It is essential for companies to address ESG global issues (C)</p> Signup and view all the answers

What is the purpose of reporting Sustainability Practices and Strategy?

<p>To ensure transparency and accountability in sustainability practices (D)</p> Signup and view all the answers

What is the primary focus of a company's Environmental, Social, and Governance (ESG) responsibility?

<p>Minimizing environmental impact and promoting social well-being (D)</p> Signup and view all the answers

What is a key outcome of the Great Acceleration, as described by Steffen et al. (2015)?

<p>Increased environmental degradation (C)</p> Signup and view all the answers

Why is it essential for companies to prioritize Corporate Social Responsibility (CSR)?

<p>To reduce the risk of negative social and environmental impacts (A)</p> Signup and view all the answers

What is a critical aspect of understanding Environmental, Social, and Governance (ESG) global issues?

<p>Always looking for the 'Whys' (D)</p> Signup and view all the answers

What is a key area of focus in the field of Environmental, Social, and Governance (ESG)?

<p>Environmental sustainability (C)</p> Signup and view all the answers

What is a primary motivation for companies to prioritize Governance and Ethics?

<p>To minimize reputational risk (B)</p> Signup and view all the answers

What is the potential cost of not addressing climate change, according to a Citi report?

<p>$44 trillion (A)</p> Signup and view all the answers

What percentage of the grade is based on individual written exams in this class?

<p>50% (B)</p> Signup and view all the answers

What is the role of the financial sector in promoting sustainable practices, according to the class?

<p>Acting as a catalyzer for climate and social best practices (A)</p> Signup and view all the answers

What is the focus of the article 'Aristotle, Adam Smith and sustainable investing'?

<p>The role of ethics in sustainable investing (C)</p> Signup and view all the answers

What is the potential loss faced by the UK finance sector due to climate change, according to a report?

<p>£340 billion (D)</p> Signup and view all the answers

What is the topic of the video 'Cognitive bias in ethical decision-making'?

<p>Cognitive bias and its implications for ethical decision-making (C)</p> Signup and view all the answers

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