CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
Frankfurt School of Finance & Management
CESGA Exam 2025 – Certified ESG Analyst (CESGA) Complete Study Guide with Practice
Questions, ESG Integration Models, EU Taxonomy, and Sustainable
Investing Framework | Frankfurt School of Finance & Management
,CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
CESGA Exam 2025 – Certified ESG Analyst (CESGA)
Market Drivers
Investor Demand
Investor Initiatives
Global Challenges
Public Perception
Regulatory Framework
Data Availability
UN Sustainable Development Goals (SDGs)
17 goals: No Poverty, zero hunger, good health and well-being, quality education, gender equality, clean water and
sanitation, affordable and clean energy, decent work and economic growth, industry, innovation, and
infrastructure, reduced inequalities, sustainable cities and
communities, responsible consumption and production, climate action, life below water, life on land, peace justice
and strong institutions, and partnerships for the goals
Investor Initiatives
Active Commitment
Raising Public Awareness
Competitive Advantage
Gathering of Information and knowledge
Prevent regulation
Barriers to ESG
Examples:
Perceived lack of business case ( 74.1% of reports) ESG data
(72.3%)
Absence of clear standards and definitions (66.1%) Lack of
investor education/knowledge (45.5%) Missing/Unclear
regulation (39.3%)
EU Action Plan Regulatory Framework Players
High level expert group on sustainable Finance (HLEG) Technical
Expert Group on Sustainable Finance (TEG) Sustainable Finance
Platform
EU Action Plan (Ten Reforms in three areas)
Reorient capital flows toward sustainable investment, in order to achieve sustainable and inclusive growth:
,CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
1. Establishing an EU classification system for sustainable activities
2. creating standards and labels for green financial products
3.Fostering investment in sustainable projects
4. Incorporating sustainability benchmarks
5. Developing sustainability benchmarks
Mainstreaming sustainability into risk management:
6. better integrating sustainability in ratings and market research
7.clarifying institutional investors and asset managers duties
8.incorporating sustainability in prudential requirements
Foster transparency and long-termism in financial and economic activity:
9. Strengthening sustainability disclosure and accounting rule making
10. Fostering sustainable corporate governance and attenuating short-termism in capital markets
EU Action plan legislative package (4 most important reforms
1) A unified EU classification system (taxonomy)
2) investors duties and disclosures
3) low-carbon benchmarks
4) Better advice to clients on sustainability
Which statement is correct? Globally, the relative Google search volume of "ESG" in the finance context
experienced a:
1.- sharp decline.
2.- steady decline.
3.- fivefold increase in the last 10 years. 4.-
tenfold increase in the last 5 years.
4.- tenfold increase in the last 5 years.
Considering the period between 2013 and 2017, which of the following ESG strategies was the leading one in
Europe?
1.- Exclusions
2.- Impact Investing
3.- Best-in-Class
4.- ESG Integration
1.- Exclusions
, CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
According to the World Economic Forum (2011), long term investing refers to: 1.- investing with
the expectation of holding an asset for 5 years.
2.- investing with the expectation of holding an asset for 10 years.
3.- investing with the expectation of holding an asset for more than 10 years.
4.- investing with the expectation of holding an asset for an indefinite period of time by an investor with the
capability to do so.
4.- investing with the expectation of holding an asset for an indefinite period of time by an investor with the
capability to do so.
The term "engagement(s)" refers to:
1.- all interactions between an investor and investees or policy makers to address ESG issues or business
strategy.
2.- the investor's practice to actively exert the voting rights at the annual general meetings (AGM) of the
companies
.3.- the practice of taking environmental, social and corporate governance aspects into account throughout the
investment decision-making process.
4.- the selection of companies with the best environmental, social and governance practices.
*1.- all interactions between an investor and investees or policy makers to address ESG issues or business strategy.
Which answer is MORE correct..: Mainstreaming does define the trend toward ... 1.- Integration of
environmental aspects in traditional investment process.
2.- Integration of environmental and company profitability aspects in traditional investment process.
3.- Integration of social and environmental aspects in traditional investment process. 4.- Integration of
all sustainability aspects in traditional investment process.
* 4.- Integration of all sustainability aspects in traditional investment process.
There are several main motives for investors joining initiatives in the sustainability area. Which of the following
is NOT one of them?
1.- Complying with the Integrated Reporting initiative 2.- Active
commitment
3.- Public awareness raising 4.-
Competitive advantage
1.- Complying with the Integrated Reporting initiative
Which statement is NOT correct? Corporate disclosure guidelines: 1.- help
investors access data on ESG risk and opportunities.
2.- are always purely voluntary in nature.
Frankfurt School of Finance & Management
CESGA Exam 2025 – Certified ESG Analyst (CESGA) Complete Study Guide with Practice
Questions, ESG Integration Models, EU Taxonomy, and Sustainable
Investing Framework | Frankfurt School of Finance & Management
,CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
CESGA Exam 2025 – Certified ESG Analyst (CESGA)
Market Drivers
Investor Demand
Investor Initiatives
Global Challenges
Public Perception
Regulatory Framework
Data Availability
UN Sustainable Development Goals (SDGs)
17 goals: No Poverty, zero hunger, good health and well-being, quality education, gender equality, clean water and
sanitation, affordable and clean energy, decent work and economic growth, industry, innovation, and
infrastructure, reduced inequalities, sustainable cities and
communities, responsible consumption and production, climate action, life below water, life on land, peace justice
and strong institutions, and partnerships for the goals
Investor Initiatives
Active Commitment
Raising Public Awareness
Competitive Advantage
Gathering of Information and knowledge
Prevent regulation
Barriers to ESG
Examples:
Perceived lack of business case ( 74.1% of reports) ESG data
(72.3%)
Absence of clear standards and definitions (66.1%) Lack of
investor education/knowledge (45.5%) Missing/Unclear
regulation (39.3%)
EU Action Plan Regulatory Framework Players
High level expert group on sustainable Finance (HLEG) Technical
Expert Group on Sustainable Finance (TEG) Sustainable Finance
Platform
EU Action Plan (Ten Reforms in three areas)
Reorient capital flows toward sustainable investment, in order to achieve sustainable and inclusive growth:
,CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
1. Establishing an EU classification system for sustainable activities
2. creating standards and labels for green financial products
3.Fostering investment in sustainable projects
4. Incorporating sustainability benchmarks
5. Developing sustainability benchmarks
Mainstreaming sustainability into risk management:
6. better integrating sustainability in ratings and market research
7.clarifying institutional investors and asset managers duties
8.incorporating sustainability in prudential requirements
Foster transparency and long-termism in financial and economic activity:
9. Strengthening sustainability disclosure and accounting rule making
10. Fostering sustainable corporate governance and attenuating short-termism in capital markets
EU Action plan legislative package (4 most important reforms
1) A unified EU classification system (taxonomy)
2) investors duties and disclosures
3) low-carbon benchmarks
4) Better advice to clients on sustainability
Which statement is correct? Globally, the relative Google search volume of "ESG" in the finance context
experienced a:
1.- sharp decline.
2.- steady decline.
3.- fivefold increase in the last 10 years. 4.-
tenfold increase in the last 5 years.
4.- tenfold increase in the last 5 years.
Considering the period between 2013 and 2017, which of the following ESG strategies was the leading one in
Europe?
1.- Exclusions
2.- Impact Investing
3.- Best-in-Class
4.- ESG Integration
1.- Exclusions
, CESGA EXAM 2025 – CERTIFIED ESG ANALYST (CESGA) QUESTIONS WITH VERIFIED ANSWERS
According to the World Economic Forum (2011), long term investing refers to: 1.- investing with
the expectation of holding an asset for 5 years.
2.- investing with the expectation of holding an asset for 10 years.
3.- investing with the expectation of holding an asset for more than 10 years.
4.- investing with the expectation of holding an asset for an indefinite period of time by an investor with the
capability to do so.
4.- investing with the expectation of holding an asset for an indefinite period of time by an investor with the
capability to do so.
The term "engagement(s)" refers to:
1.- all interactions between an investor and investees or policy makers to address ESG issues or business
strategy.
2.- the investor's practice to actively exert the voting rights at the annual general meetings (AGM) of the
companies
.3.- the practice of taking environmental, social and corporate governance aspects into account throughout the
investment decision-making process.
4.- the selection of companies with the best environmental, social and governance practices.
*1.- all interactions between an investor and investees or policy makers to address ESG issues or business strategy.
Which answer is MORE correct..: Mainstreaming does define the trend toward ... 1.- Integration of
environmental aspects in traditional investment process.
2.- Integration of environmental and company profitability aspects in traditional investment process.
3.- Integration of social and environmental aspects in traditional investment process. 4.- Integration of
all sustainability aspects in traditional investment process.
* 4.- Integration of all sustainability aspects in traditional investment process.
There are several main motives for investors joining initiatives in the sustainability area. Which of the following
is NOT one of them?
1.- Complying with the Integrated Reporting initiative 2.- Active
commitment
3.- Public awareness raising 4.-
Competitive advantage
1.- Complying with the Integrated Reporting initiative
Which statement is NOT correct? Corporate disclosure guidelines: 1.- help
investors access data on ESG risk and opportunities.
2.- are always purely voluntary in nature.
