Knowledge quiz

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

What is the definition of an abatement project?

Choose the correct answer.

It is a project to reduce or even eliminate the unwanted impact a given activity has.

It is a project to ensure legal compliance with regard to environmental topics in different countries and along the supply chain.

It is a project to reduce or even eliminate the environmental damage caused by a given activity.

It is a project to reduce the negative image a company has in the eyes of the public or of certain stakeholders with regard to environmental performance.

What percentage of businesses rely on technology that is not designed to comply with ESG standards?

Choose the correct answer.

12%

25%

35%

39%

Which of the following statements about marginal abatement cost curves for greenhouse gas abatement projects are true?

There are three correct answers.

They give information about the cost of reducing greenhouse gases for different abatement projects.

They show the expected reduction in greenhouse gases for each of the different abatement projects.

They order projects according to the marginal abatement costs of each project, starting with the lowest marginal abatement costs.

They do not help to plan and decide which abatement project a company should implement in order to reach a defined target.

They show the probability and potential financial impact of risks related to climate change and rank those risks.

What percentage of a company's impact on ESG comes from supply chains?

Choose the correct answer.

28%

35%

41%

78%

Which functional capabilities are required in a disclosure solution?

There are two correct answers.

Consolidation of investments

Validation of data consistency

Production of publications and iXBRL files

Scheduling of financial closing programs

What could be seen as the foundation of the holistic business transformation cycle?

Choose the correct answer.

Setting goals and targets for stakeholders' equity

Having access to reliable transactional data by managing relevant operational processes

Implementing tactical steps to improve liquidity and accessing the capital markets

Optimizing cashflow by exceeding shareholders’ expectations

Which of the following statements about leading indicators are true?

There are two correct answers.

They provide the most accurate information on performance.

They help companies react early to ensure they reach their defined targets.

They give an early indication of the extent to which a company has reached its defined targets.

A causal relationship between a leading indicator and a target does not necessarily need to exist.

How can a consistent ESG data management strategy help organizations unlock value from ESG data?

There are three correct answers.

Through improved credibility of reporting

In cost-savings by using average emission factors consistently, even when primary data is available

Through integration between ESG data sources

By setting targets on sustainability metrics so that ambitions are met

By ensuring compliance with regional data protection regulations

What do companies do when they reach the sustainable business steering and innovation stage of the sustainability maturity model?

Choose the correct answer.

Operate transparently and actively disclose sustainability information.

Embed sustainability into core business to plan and execute new value creation and differentiation.

Document and monitor the corporate ESG performance approach.

Actively engage and partner with sustainability stakeholders.

10.

What are some of the challenges faced by companies today regarding ESG information within the supply chain?

There are three correct answers.

Keeping transportation costs down

Lack of multi-tier visibility

Inability to share data in a trusted manner

Lack of visibility into the supply network

Sourcing consistent, reliable carrier capacity