CESGA EXAM QUESTIONS WITH
100% CORRECT ANSWERS
(GRADED A+)
Which of the following comments are true?
1. The strategic asset allocation should reflect all of the investor's ESG-related beliefs,
objectives and intentions, and how all of these match with market opportunities and
offerings.
*2. The role of engagement is to create coherence between Integration and the two
other ESG related investment objectives, Impact and Alignment.
3. In a strategic asset allocation, Integration and Alignment considerations, are typically
visible at the asset class/asset category level, but not at the sectoral level.
4. Typically, alternative asset classes are underweighted in strategic asset allocations
that take all three ESG-related investment objectives into account. - Answer-1. The
strategic asset allocation should reflect all of the investor's ESG-related beliefs,
objectives and intentions, and how all of these match with market opportunities and
offerings.
KPIs indicated in the EU non-binding guidelines July 2017 section 4.6 - Thematic
aspects are (maximum two answers):
1. energy performance and improvements in energy performance
2. energy consumption from non-renewable sources and energy intensity
3. carbon footprint
4. greenhouse gas intensity, - Answer-1. energy performance and improvements in
energy performance, (correct)
2. energy consumption from non-renewable sources and energy intensity, (correct)
Benefits obtained by developing an Integrated Report. Which answer is incorrect?
1. face external challenges and be more competitive
2. monitor the risks
3. always have a higher profit than those of companies that do not process an <IR>
4. better understand the connectivity between environmental, social and governance
(ESG) performance with financial performance - Answer-3. always have a higher profit
than those of companies that do not process an <IR>(correct)
Which are the core elements of the Recommended Climate-Related Financial
Disclosures: (maximum three answers)
1. Governance: The organization's governance around climate-related risks and
opportunities
2. Strategy: The actual and potential impacts of climate-related risks and opportunities
on the organization's businesses, strategy, and financial planning
, 3. Risk Management: The processes used by the organization to identify, assess, and
manage climate-related risks
4. Metrics and targets: The key performance and risk indicators - Answer-1.
Governance: The organization's governance around climate-related risks and
opportunities(correct)
2. Strategy: The actual and potential impacts of climate-related risks and opportunities
on the organization's businesses, strategy, and financial planning (correct)
3. Risk Management: The processes used by the organization to identify, assess, and
manage climate-related risks(correct)
4. The GRI Standards create a common language for organizations and stakeholders,
with which the economic, environmental, and social impacts of organizations can be
communicated and understood. The Standards are designed to enhance the
comparability and quality of information on these impacts, thereby enabling greater
transparency and accountability of organizations
1. in the European region
2. in the American region
3. in the OECD region
4. worldwide - Answer-4. *worldwide
5. The SASB develops sustainability accounting standards at the industry level
because: (max. two answers)
1. companies operating in a specific industry have similar business models and use
resources in similar ways.
2. risk management requires it
3. SASB easily categorizes sectors and industries in accordance with GICS
classification systems
4. there are similar sustainability risks and opportunities - Answer-1. companies
operating in a specific industry have similar business models and use resources in
similar ways.
4. *there are similar sustainability risks and opportunities
1. Which is the right sequence for the engagement and voting process? 1.Monitor
results of engagement interactions. 2.Indentify key issues to formulate in engagement
policy and strategy.
3.Record and report on proxy votes and engagement interactions. 4.Structure
engagement and voting.
1.- 4+2+3+1
2.- 4+1+2+3
3.- 2+4+1+3
4.- 2+4+3+1 - Answer-2.- 4+1+2+3*
2. As part of the investment process chain, investment guidelines cover one of the
following ESG considerations:
1.- Understand how ESG factors affect economic growth, macro themes, consumer
preference and regulatory change
100% CORRECT ANSWERS
(GRADED A+)
Which of the following comments are true?
1. The strategic asset allocation should reflect all of the investor's ESG-related beliefs,
objectives and intentions, and how all of these match with market opportunities and
offerings.
*2. The role of engagement is to create coherence between Integration and the two
other ESG related investment objectives, Impact and Alignment.
3. In a strategic asset allocation, Integration and Alignment considerations, are typically
visible at the asset class/asset category level, but not at the sectoral level.
4. Typically, alternative asset classes are underweighted in strategic asset allocations
that take all three ESG-related investment objectives into account. - Answer-1. The
strategic asset allocation should reflect all of the investor's ESG-related beliefs,
objectives and intentions, and how all of these match with market opportunities and
offerings.
KPIs indicated in the EU non-binding guidelines July 2017 section 4.6 - Thematic
aspects are (maximum two answers):
1. energy performance and improvements in energy performance
2. energy consumption from non-renewable sources and energy intensity
3. carbon footprint
4. greenhouse gas intensity, - Answer-1. energy performance and improvements in
energy performance, (correct)
2. energy consumption from non-renewable sources and energy intensity, (correct)
Benefits obtained by developing an Integrated Report. Which answer is incorrect?
1. face external challenges and be more competitive
2. monitor the risks
3. always have a higher profit than those of companies that do not process an <IR>
4. better understand the connectivity between environmental, social and governance
(ESG) performance with financial performance - Answer-3. always have a higher profit
than those of companies that do not process an <IR>(correct)
Which are the core elements of the Recommended Climate-Related Financial
Disclosures: (maximum three answers)
1. Governance: The organization's governance around climate-related risks and
opportunities
2. Strategy: The actual and potential impacts of climate-related risks and opportunities
on the organization's businesses, strategy, and financial planning
, 3. Risk Management: The processes used by the organization to identify, assess, and
manage climate-related risks
4. Metrics and targets: The key performance and risk indicators - Answer-1.
Governance: The organization's governance around climate-related risks and
opportunities(correct)
2. Strategy: The actual and potential impacts of climate-related risks and opportunities
on the organization's businesses, strategy, and financial planning (correct)
3. Risk Management: The processes used by the organization to identify, assess, and
manage climate-related risks(correct)
4. The GRI Standards create a common language for organizations and stakeholders,
with which the economic, environmental, and social impacts of organizations can be
communicated and understood. The Standards are designed to enhance the
comparability and quality of information on these impacts, thereby enabling greater
transparency and accountability of organizations
1. in the European region
2. in the American region
3. in the OECD region
4. worldwide - Answer-4. *worldwide
5. The SASB develops sustainability accounting standards at the industry level
because: (max. two answers)
1. companies operating in a specific industry have similar business models and use
resources in similar ways.
2. risk management requires it
3. SASB easily categorizes sectors and industries in accordance with GICS
classification systems
4. there are similar sustainability risks and opportunities - Answer-1. companies
operating in a specific industry have similar business models and use resources in
similar ways.
4. *there are similar sustainability risks and opportunities
1. Which is the right sequence for the engagement and voting process? 1.Monitor
results of engagement interactions. 2.Indentify key issues to formulate in engagement
policy and strategy.
3.Record and report on proxy votes and engagement interactions. 4.Structure
engagement and voting.
1.- 4+2+3+1
2.- 4+1+2+3
3.- 2+4+1+3
4.- 2+4+3+1 - Answer-2.- 4+1+2+3*
2. As part of the investment process chain, investment guidelines cover one of the
following ESG considerations:
1.- Understand how ESG factors affect economic growth, macro themes, consumer
preference and regulatory change
