Quiz 6A: Sustainable development measurement and reporting

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How is climate change related to hunger and malnutrition?

There is a clear link between climate change and hunger, and the number of undernourished people is expected to increase due to climate change.

Climate change could reduce the number of malnourished people in the Global North as they are able to grow more food.

There is no relationship between changes in climate and global hunger.

There is a clear link between climate change and hunger, and the number of people dying from hunger is expected to decline due to climate change.

According to the Future Investment Rules 2.0 report, indicate an incorrect answer?

Environmental and social risks have a greater weight in the investment decisions of large institutional investors, but 64% of them claim that companies do not list them in full.

62% of investors believe that non-financial information is a key factor in all sectors, not just the energy sector.

80% of investors believe that financial information is the only important factor in investment decisions.

25% of institutional investors ask the board of directors to confirm the non-financial information of companies.

What is sustainability reporting?

The report is only about environmental indicators.

The report is only about economic indicators.

The report includes business performance and social and environmental impacts.

Reports are only about governance indicators.

What does the 'B' in B-Corp stand for?

Business

Best

Benefit

Better

The SDGs are published by ___________.

United Nations Development Programme (UNDP)

World Economic Forum (WEF)

United Nations Environment Programme (UNEP)

Sustainable Development Solutions Network (SDSN)

Which of the following is incorrect?

B-Corporations are certified by a third-party auditing company: B-Labs.

B-Corporations are certified as leaders in the global movement for an inclusive, equitable, and regenerative economy.

B-Labs is a non-profit organization that promotes the interests of businesses with the interests of society.

Certified B companies have integrated minimum standards for social and environmental responsibility.

What categories are included in the Impact Assessment for certified B companies?

Governance, Employees, Community, Environment and Customers

Legal Compliance, Product Design, Customer Satisfaction, Revenue Growth and Corporate Social Responsibility

Sustainable Advertising, Sustainable Operations, Sustainable Supply Chains, Sustainable Finance, and Good Public Relations

Human Resources, Finance, Technology, Marketing, and Sales

What are the six environmental objectives of the EU Sustainable Finance Classification?

Mitigation, climate change, governance, circular economy, pollution and biodiversity.

Mitigation, adaptation, water resources protection, circular economy, pollution prevention and biodiversity protection.

None is correct.

Pollution, mitigation, adaptation, water use, biodiversity and circular economy.

What is the significance of materiality assessment in a company's sustainability report?

Ignore the long-term impacts of business decisions on the environment.

Identify the expectations of the company and its components, along with the expectations and needs of key stakeholders.

Promote activities in the field of Corporate Social Responsibility.

Only consider the short-term expectations of shareholders.

10.

In relation to the loss of biodiversity and ecosystems, what framework is being created to measure nature?

GRI (Global Reporting Initiative)

TCFD (Task Force on Climate-related Financial Disclosures)

TNFD (Task Force on Nature-related Financial Disclosures)

ESRS (European Sustainability Reporting Standards)

11.

Why might businesses want to participate in the 2030 Agenda?

None is correct.

Businesses that provide solutions to the problems outlined by the 2030 Agenda are critical in addressing social and environmental issues.

The sustainable development of the business sector is not necessary in achieving the goals of the 2030 Agenda.

Markets will not change in the coming decades, so businesses are not motivated to participate in the Sustainable Development Goals (SDGs).

12.

Which of the following certifications ensures that furniture products are environmentally friendly?

FairTrade

GlobalGAP

FSC (Forest Stewardship Council)

Energy Star

13.

If your company wants to become a B-corp, what should be the total impact score in the assessment?

Greater than 80

Greater than 50

Greater than 60

Greater than 70

Greater than 90

14.

Which of the following certifications is intended to ensure that farmers are treated fairly?

Energy Star

ISO 14001

FairTrade

USDA Organic

15.

Which group is Vietnam currently ranked in for the Sustainable Development Index in 2024?

60-70

50-60

40-50

30-40

16.

How do we measure the progress through the SDG framework?

Through the opinions of experts from many different fields.

Through media reports.

Through statements made by politicians.

Through indicators used to measure the global progress of the SDGs.

17.

Which of the following is incorrect?

Corporate Social Responsibility (CSR) involves integrating elements of social and environmental responsibility into a company's business practices.

Refinitiv Eikon with Datastream for office (Thomson Reuters) contains the industry’s data and most powerful research and analysis tools,

Today, what was once voluntary is now becoming a requirement, often through ESG (Environmental, Social, Governance) indicators or required as part of sustainability reporting.

CSR is a mandatory task, usually to demonstrate a company's readiness to be a good corporate citizen.

18.

How to reduce greenwashing?

By promoting the production of cheap goods without regard for environmental impact.

By involving key stakeholders to promote alignment with sustainability standards.

By forcing businesses to well implement the 2030 Agenda of the SDGs.

By Investing in green marketing campaigns.

19.

Who monitors the achievement of the Sustainable Development Goals?

A specially established organization, called TÜV, will develop effective testing mechanisms in 2022.

National governments are self-regulating.

None is correct.

A UN committee assesses implementation on the basis of the UN Secretary-General's annual SDG progress report.

20.

What should businesses report to prove the implementation of SDG 8?

Report the average number of hours worked per week, including overtime.

Report on the staff's provision of reliable health and education services to children.

Report on business performance and dividend policy to shareholders.

Report on improvements in water use efficiency through the application of the 5 5R principles: Reduce, Reuse, Recycle, Recycle, and Replenish.

Quiz 5B

Quiz 6B

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