Quiz: Sustainability & ESG

SustainEd Project: Sustainability & ESG

Which tools can be used to perform an environmental impact evaluation in the context of energy management?

Financial accounting software

Customer relationship management (CRM) systems

Environmental impact assessment software and carbon footprint calculators

Inventory management systems

What is the primary goal of integrating Renewable Energy Sources (RES) into an energy management plan?

To increase production speed

To reduce costs associated with raw materials

To reduce reliance on fossil fuels and minimize environmental impact

To improve marketing strategies for new products

Which of the following statements best represents degrowth strategies for change?

Degrowthers propose a diverse set of strategies, that include institutional change through “non-reformist reforms”, the creation of nowtopias, political activism, and the creating of circuits of alternative economies.

Lifestyle change is the main degrowth strategy. Everybody can make a change, for instance through growing their own food and cutting harmful consumption like fast fashion.

Degrowth can be achieved only through top-down interventions that halt harmful production altogether.

Which of the following frameworks is specifically focused on sustainability reporting?

COSO Framework

GRI Standards

GAAP Standards

COBIT Framework

What are the benefits of CSR?

Increases employee engagement and loyalty

Decreases social taxes

Lifts up the social regulations

Mandatory for all businesses

How does SDG 15 (Life on Land) aim to protect biodiversity, and what are some key strategies included under this goal?

By reducing industrial activities in all countries.

By conserving and restoring terrestrial and freshwater ecosystems, reducing habitat degradation, and ending poaching and trafficking of protected species.

By promoting the use of synthetic materials instead of natural resources.

By focusing solely on marine life conservation.

How does applying a gender perspective offer new insights for addressing sustainability in cities?

By focusing only on environmental issues

By ignoring gender differences in urban planning

By highlighting the diverse experiences and needs of all residents

By reducing the role of women in decision-making processes

When did the Corporate Sustainability Reporting Directive (CSRD) come into effect and who must comply with it?

January 2024, only EU businesses

July 2020, all European businesses

January 2023, all EU businesses and non-EU businesses qualifying for EU funds

January 2024, all EU businesses and non-EU businesses qualifying for EU funds

Why is it important to apply an intersectional gender perspective when addressing sustainability?

It focuses exclusively on women’s needs

It ensures fairness in all transformative processes and their impact

It makes sustainability easier to implement

It benefits only men in sustainability efforts

What does CSR stand for?

Corporate (C), social (S), responsible (R)

Corporate (C), social (S), responsibility (R)

Cooperative (C), society (S), regulation (R)

Corporate (C), social (S), responsible (R)

Why is it important for businesses to implement the ESG framework?

It helps them to focus more on sustainable production

It helps them to have control on their supply chain, including suppliers

It helps them to measure their long-term performance, alongside financial factors

All statements are correct

What does applying gender as a cross-cutting methodology achieve in sustainability initiatives?

It simplifies sustainability by ignoring social differences

It ensures that both men and women benefit equally

It prioritizes economic growth over social fairness

It increases the workforce in sustainability projects

What are the main objectives of SDG 13 (Climate Action), and how do they aim to mitigate the impacts of climate change?

Strengthening resilience to climate hazards, integrating climate measures into policies, and improving education on climate change.

Building more factories to boost economic growth.

Building more factories to boost economic growth. Promoting urban development without regard to environmental impacts.

Reducing international trade to cut down on carbon emissions.

What is social in ESG?

It is about human rights and equity.

Social aspects often concern how a firm treats its employees, such as employee safety, gender equality, and livable wages.

It can encompass various topics, from human rights to workplace safety to diversity and inclusion.

All statements are right

How do the Sustainable Development Goals (SDGs) address the issue of inequality, and what are some specific targets or indicators related to this goal?

By focusing on economic growth only.

By reducing inequality within and among countries through targets such as income growth for the bottom 40% and promoting social, economic, and political inclusion.

By reducing inequality within and among countries through targets such as income growth for the bottom 40% and promoting social, economic, and political inclusion. By implementing universal healthcare for all.

By focusing on education for all children.

Which of the following definitions best represents Degrowth?

Degrowth is an academic discipline studying the effects of economic growth on the environment.

Degrowth advocates for reducing GDP growth to reduce CO2 emissions.

Degrowth is an umbrella term that refers to an emerging field of study and a social movement advocating for a democratic downscaling of the economy to achieve environmental sustainability and a good life for all.

Which stages are included in a comprehensive energy management plan?

Energy auditing, developing energy-saving measures, and monitoring energy performance

Planning, execution, monitoring, and closure

Research, development, testing, and deployment

Concept, design, implementation, and evaluation

What does ESG stand for?

Environmental (E), social (S) and governance (G)

Economic (E), sustainable (S), government (G)

Environment (E), society (S), government (G)

Environmental (E), social (S), government (G)

What is the primary purpose of developing a rubric for assessing sustainability reports?

To determine the financial viability of the company

To systematically evaluate and compare the clarity, comprehensiveness, stakeholder engagement, and transparency of the reports

To create marketing strategies for sustainability initiatives

To outline the company’s history and growth

What is “green growth”? Is it a feasible approach?

According to the green growth paradigm, it is possible to decouple environmental pressures from gross domestic product (GDP). This is a feasible approach thanks to technological innovation.

Proponents of green growth argue that it is possible to decouple environmental pressures from gross domestic product (GDP). This is unrealistic: there is no empirical evidence of decoupling economic growth from emissions and environmental destruction.

Green growth is sustainable economic growth. It is feasible through approaches such as circular economy, recycling, re-using and repairing.

Which two standards are emphasized for assessing sustainability reports?

ISO and LEED

GRI and SASB

GAAP and IFRS

FDA and EPA

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