With respect to ESG engagement for a company that is a going concern, the interests of equity investors and debt investors are most likely.
According to the Brunel Asset Management Accord, which of the following is most likely a concern for the asset owner? A fund manager:
The UK’s Green Finance Strategy identifies the policy lever of financing green as
Which of the following parties is most likely to help investors identify the extent and depth to which investment funds integrate ESG?
Considering ESG integration, an advantage relevant to private real estate markets but not equities and fixed income is most likely:
With respect to exclusion policies, which of the following falls outside of the traditional spectrum of responsible investment?
A challenge to ESG integration at the asset allocation level when using mean-variance optimization is that it:
According to the Sustainability Accounting Standards Board (SASB) materiality risk mapping, greenhouse gas emissions (GHG) are most material for the
During the decommissioning phase of a company’s mining project, the government tightens regulations on land restoration. Which of the following is most likely impacted?
Which of the following transition risks is most likely associated with increased environmental standards?
The Integrated Biodiversity Assessment Tool (IBAT) is best described as an interactive mapping tool allowing decisionmakers to:
Mass migration from developing countries to developed countries are most likely caused by:
Which of the following scenarios best illustrates the concept of a ‘just’ transition?
With respect to exclusion policies, which of the following falls outside of the traditional spectrum of responsible investment?
The correlation between ESG ratings of issuers by different ESG rating providers is:
A portfolio manager may need to adopt a more appropriate ESG benchmark rather than a broad market benchmark if the degree of exclusions results in:
With respect to ESG integration, adjusting financial model inputs based on an evaluation of a company’s ESG risk factors is an example of a:
According to the Capitals Coalition, the stock of renewable and non-renewable natural resources that combine to yield a flow of benefits to people is best described as
The Integrated Biodiversity Assessment Tool (IBAT) is best described as an interactive mapping tool allowing decision makers to:
Regarding ESG issues, which of the following sets the tone for the investment value chain?
When undertaking an ESG assessment of a private equity deal ESG screening and due diligence will most likely take place during:
Which of the following steps in the ESG rating process is most likely the earliest source of the dispersal of opinions between different ESG rating agencies?
A discount retailer facing a consumer boycott due to its poor working conditions will most likely face:
According to the Taskforce on Nature-related Financial Disclosures (TNFD), the four realms of nature include
With respect to the current state of ESG disclosure globally, issuer reporting frameworks for ESG information are
According to the Sustainability Accounting Standards Board (SASB), GHG emission is material for more than 50% of the industries in which sector?
Which of the following statements about proxy voting is most accurate? The majority of asset owners:
Which of the following is best described as a risk management framework for assessing environmental and social risk in project finance?
All else equal, a higher discount rate applied to a company’s discounted cash flow (DCF) analysis will lead to:
A company is accused of surveying employees to prevent them from forming a union. The decision of an asset manager to divest from holding shares in the company is an example of:
Which of the following is an example of shareholder engagement? Institutional investors:
Which of the following greenhouse gases (GHGs) has the longest lifetime in the atmosphere?
The offering of indexes and passive funds with ESG integration by asset managers
Institutional investors achieve their stewardship and engagement objectives in practice through which of the following?
When accounting for a critical weakness in a company's environmental management process, an analyst using a discounted cash flow (DCF) valuation model should:
The United Nations Sustainable Development Goals (SDGs) are particularly aimed at
Which of the following statements about ESG integration in fixed income is most accurate?
One of the mam principles of stewardship codes calls for institutional investors to:
Which of the following investor types most likely has the shortest investment time horizon?
Which of the following is one of the six environmental factors in the “Materiality Map" by Sustainability Accounting Standards Board (SASB)?
Which of the following social factors most likely impacts a company's external stakeholders?
Which of the following is an example of a just’ transition with regards to climate change?
Which of the following scenarios best illustrates the concept of a 'just' transition?
A challenge to ESG integration at the asset allocation level when using mean-variance optimization is that it:
Which of the following ESG investing approaches aims to drive positive change in the way investee companies are governed and managed?
Increased investment crowding into more ESG-friendly sectors is most likely to increase
For developed markets, an increase in inequality between the richest and the poorest population of a country most likely results in:
Anti-corruption laws are a relevant governance factor for which of the following investments?
To fall in scope of mandatory compliance with the EU’s Corporate Sustainability Reporting Directive (CSRD), companies would need to meet which of the following conditions?
Condition 1EUR40 million in net turnover
Condition 2EUR20 million in assets
Condition 3250 or more employees
Which of the following statements regarding ESG considerations and sovereign debt is most accurate?
An ESG scorecard for sovereign debt issuers has the following information:
Country 1No carbon policy and high corruption risk
Country 2High-level carbon policy and low corruption risk
Country 3Detailed carbon policy and low corruption risk
Based only on this information, the country with the lowest ESG risk is:
Which of the following would most likely see its estimate of intrinsic value increased by analysts?
Increased investment crowding into more ESG-friendly sectors is most likely to increase:
According to a study of the Hermes UK Focus Fund: which of the following engagement objectives was most likely to be achieved through shareholder activism?
According to the framework of the Task Force on Climate-Related Financial Disclosures (TCFD): the formula for carbon intensity at the portfolio level weighs emissions based upon an issuer's: