The risk team for a multinational company, that operates and franchises hotel and timeshare properties, prepares talking points for an upcoming business continuity plan meeting. A key area for discussion are the risks that can impact the company’s financial and reputational stability. The team recommends the company conduct climate-related scenario analysis and provides examples of scenarios and their use.Which of the following is correct for the team to include as part of the talking points?
Answer(s): C
A multinational footwear company prepares its annual GHG inventory. The company sustainability director organizes data according to the GHG Protocol and prepares a set of recommended actions to lower company emissions.Which action is the director most likely to recommend to reduce company Scope 3 emissions?
Answer(s): A
At an international finance bank, a lack of staff clarity regarding sustainability, climate, and ESG definitions led to overlapping and inefficient initiatives. To minimize inefficiencies, the sustainability department develops new terminology for use across the bank.What should the department include in this new terminology?
The CRO at a commercial bank in China examines the negative impact of climate-related physical risk on clothing manufacturer cash flows that subsequently lead to higher credit risk.The CRO observes which event leading to increased credit risk from climate physical risk?
Answer(s): B
A retail company operates internationally, and increasingly incurs scrutiny for environmental and social impacts. In response, the company adopts the SDGs. The company sustainability director begins this process by linking the SDGs to material concerns for the company.Which strategy should the director suggest the company take to directly address one of the SDGs?
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