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Corporate Social Responsibility & Ethics
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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</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</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</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</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</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</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'</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</p> Signup and view all the answers

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

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

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

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

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