Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this week.

What are some of the reasons for integrated reporting?

There are two correct answers.

Integrated reporting is a good way to be perceived as a frontrunner and innovator in the area of external reporting.

Integrated reporting is a requirement of the German Commercial Code.

Integrated reporting is a prerequisite for being listed on the New York stock exchange.

Integrated reporting provides a holistic picture of a company's performance, covering the non-financial as well as the financial perspective.

Companies can reduce their corporation tax rate if they provide integrated tax statements.

What is the goal of the EU Taxonomy?

Choose the correct answer.

To provide insights into the compensation for members of the executive board, including their tax payments

To identify the tax payments of a company to the European Union

To identify the share of capital expenditure, operational expenditure, and turnover of a company that relate to sustainable activities

To identify the share of operating profit that relates to sustainable activities

Where was the concept of "double materiality" first introduced as a mandatory reporting requirement?

Choose the correct answer.

EU Non-Financial Reporting Directive (NFRD)

Global Reporting Initiative (GRI) standards

European Sustainability Reporting Standards (ESRS)

AA1000 accountability standards

What does the “protect” pillar from the UN Guiding Principles on Business and Human Rights stand for?

Choose the correct answer.

The state duty to protect human rights through legislation

A victim’s right to be protected from future human rights violations.

Corporate responsibility to protect employees

The CEO’s responsibility to protect the business from reputational damage following adverse human rights headlines

What are GHG emissions for “Purchased Goods & Services and Capital Goods” classified as?

Choose the correct answer.

GHG Scope 1 Emissions

GHG Scope 2 Emissions

GHG Scope 3 Upstream Emissions

GHG Scope 3 Downstream Emissions

Where does impact measurement and valuation fit overall in ESG?

Choose the correct answer.

It is a standardized disclosure framework.

It goes beyond standard output disclosure and contributes towards understanding and managing outcomes and impacts.

It helps companies understand and disclose their sustainability outputs.

It is an accounting framework to account for sustainability performance.

Which of the following topics are related to carbon emissions management at a corporation?

There are three correct answers.

Science-Based Targets initiative (SBTi)

Paris Climate Agreement and 1.5 C pathway

Employees’ private emissions

Carbon neutrality, net zero, carbon-negative

Human rights violations

Why should companies conduct a materiality assessment?

There are three correct answers.

It helps strengthen the company’s strategy by understanding the holistic business context.

It helps to better understand stakeholder perspectives and needs.

It helps define and prioritize reporting content.

It helps identify the most profitable products.

It helps estimate how much material is needed for a product.

Impact measurement and valuation aims to translate sustainability performance into which unit of measure?

Choose the correct answer.

Monetary value

Ratings from 1 to 5

CO2e value

Silver, gold, and platinum ratings

10.

The Paris Agreement from 2015 can be considered as a milestone in climate protection. What is its key statement on sustainable finance?

Choose the correct answer.

Limit the temperature increase to 1.5°C above pre-industrial levels.

Foster climate resilience and low greenhouse gas emissions development.

Make finance flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.

Create highly lucrative business models to earn high amounts of money by pretending to achieve the climate goals.