SUSTAINABILITY MIDTERM EXAM
QUESTIONS AND ANSWERS
c. Useful Information - Correct Answers -According to SASB's CEO Janine Guillot, what
is(are) the bedrock upon which effective decision-making rests?
a. Audited Financial Statements
b. Financial Statements
c. Useful Information
d. Past Experience
b. comparable, consistent, and reliable - Correct Answers -According to SASB's CEO
Janine Guillot, investors struggle to find data that is?
a. comparable and consistent
b. comparable, consistent, and reliable
c. consistent and reliable
d. None of the above
b. Monitor evolving voluntary disclosures in relevant jurisdictions - Correct Answers -
Which of the following is not one of the steps mentioned to enable continuous
improvement?
a. Seek periodic feedback from shareholders and other stakeholders
b. Monitor evolving voluntary disclosures in relevant jurisdictions
c. Benchmark performance on SASB disclosure topics against peers
d. Monitor internal and external drivers of ESG risk and opportunity
d. Both A and B - Correct Answers -Key considerations regarding the likelihood for
material financial impacts evolving to cause a company to modify its disclosures come
from?
a. Internal factors
b. External factors
c. Neither A or B
d. Both A and B
c. 5 - Correct Answers -Of the world's top 10 stock exchanges, representing more than
US$ 60 trillion in market capitalization, how many recommend SASB standards as a
helpful resource?
a. 3
b. 4
c. 5
, d. 8
d. b and c - Correct Answers -For Companies that adopt them, SASB's metrics can help
highlight key areas of
a. Regulatory exposure
b. Risk to be mitigated
c. Opportunities
d. b and c
d. a and c - Correct Answers -Important early steps in effectively integrating financially
material sustainability factors into key business processes are?
a. Developing a culture that links sustainability to business performance
b. Downloading SASB's standards for your industry
c. Building relevant organizational capacity
d. a and c
c. Executive Leadership and the Board of Directors - Correct Answers -While
establishing a foundation "buy-in" should be sought from what 2 groups?
a. Executive Leadership and Corporate Counsel
b. Executive Leadership and their direct reports
c. Executive Leadership and the Board of Directors
d. The Board of Directors and Corporate Counsel
a. True - Correct Answers -While establishing a foundation, SASB encourages us to
identify a single person to lead the SASB implementation effort.
a. True
b. False
d. External Audit - Correct Answers -While establishing a foundation, each group below
was mentioned except?
a. Human Resources
b. Risk Management
c. Compliance
d. External Audit
d. All of the above - Correct Answers -While establishing a foundation, we are
encouraged to
a. Not let the perfect be the enemy of the good
b. Identify the skills and knowledge needed to produce high-quality disclosure
c. Form a cross-functional team, or leverage an existing team
d. All of the above
c. IFRS - Correct Answers -In the article, "KPMG - Have you disclosed the impacts of
climate-related matters clearly?" they concern themselves with guidance from which
authority?
a. The SEC
QUESTIONS AND ANSWERS
c. Useful Information - Correct Answers -According to SASB's CEO Janine Guillot, what
is(are) the bedrock upon which effective decision-making rests?
a. Audited Financial Statements
b. Financial Statements
c. Useful Information
d. Past Experience
b. comparable, consistent, and reliable - Correct Answers -According to SASB's CEO
Janine Guillot, investors struggle to find data that is?
a. comparable and consistent
b. comparable, consistent, and reliable
c. consistent and reliable
d. None of the above
b. Monitor evolving voluntary disclosures in relevant jurisdictions - Correct Answers -
Which of the following is not one of the steps mentioned to enable continuous
improvement?
a. Seek periodic feedback from shareholders and other stakeholders
b. Monitor evolving voluntary disclosures in relevant jurisdictions
c. Benchmark performance on SASB disclosure topics against peers
d. Monitor internal and external drivers of ESG risk and opportunity
d. Both A and B - Correct Answers -Key considerations regarding the likelihood for
material financial impacts evolving to cause a company to modify its disclosures come
from?
a. Internal factors
b. External factors
c. Neither A or B
d. Both A and B
c. 5 - Correct Answers -Of the world's top 10 stock exchanges, representing more than
US$ 60 trillion in market capitalization, how many recommend SASB standards as a
helpful resource?
a. 3
b. 4
c. 5
, d. 8
d. b and c - Correct Answers -For Companies that adopt them, SASB's metrics can help
highlight key areas of
a. Regulatory exposure
b. Risk to be mitigated
c. Opportunities
d. b and c
d. a and c - Correct Answers -Important early steps in effectively integrating financially
material sustainability factors into key business processes are?
a. Developing a culture that links sustainability to business performance
b. Downloading SASB's standards for your industry
c. Building relevant organizational capacity
d. a and c
c. Executive Leadership and the Board of Directors - Correct Answers -While
establishing a foundation "buy-in" should be sought from what 2 groups?
a. Executive Leadership and Corporate Counsel
b. Executive Leadership and their direct reports
c. Executive Leadership and the Board of Directors
d. The Board of Directors and Corporate Counsel
a. True - Correct Answers -While establishing a foundation, SASB encourages us to
identify a single person to lead the SASB implementation effort.
a. True
b. False
d. External Audit - Correct Answers -While establishing a foundation, each group below
was mentioned except?
a. Human Resources
b. Risk Management
c. Compliance
d. External Audit
d. All of the above - Correct Answers -While establishing a foundation, we are
encouraged to
a. Not let the perfect be the enemy of the good
b. Identify the skills and knowledge needed to produce high-quality disclosure
c. Form a cross-functional team, or leverage an existing team
d. All of the above
c. IFRS - Correct Answers -In the article, "KPMG - Have you disclosed the impacts of
climate-related matters clearly?" they concern themselves with guidance from which
authority?
a. The SEC
