Deck 22: Sustainability and Corporate Social Responsibility Recording

Question 1

The UN report, Our Common Future, defined sustainable development as 'development that…':

A) allows all societies to meet their needs to an equal degree.
B) continues at the current pace, neither increasing nor decreasing into the foreseeable future.
C) meets the needs of the future without compromising the ability of current generations to meet their own needs.
D) meets the needs of the present without compromising the ability of future generations to meet their own needs.

Answer 1

D

Question 2

Which of the following statements about intragenerational equity is not true?

A) It is an important aspect of eco-justice.
B) It is concerned with poverty and access to food, water and shelter.
C) It means that future generations should not have a lower quality of life.
D) none of the above. They are all true.

Answer 2

C

Question 3

Which of the following is not an indicator under the GRI of labour practices and decent work performance?

A) Workforce by gender.
B) Education and training programs in place.
C) Assessment of product life cycle stages for health and safety risks.
D) None of the above. They are all indicators of labour practices and decent work performance.

Answer 3

C

Question 4

An emissions trading scheme:

A) allows the trade of excess emissions permits.
B) can also be referred to as a 'cap and trade' scheme.
C) usually involves substantial fines for excessive polluters.
D) All of the above.

Question 5

Ethical investment funds might be concerned about how individual companies address climate change because:

A) they believe carbon emissions proxy for economic performance.
B) they don't want to invest money on companies that waste money.
C) they believe companies that address environmental risks will perform better in the long run.
D) none of the above.

Question 6

Which of the following terms is commonly used to mean sustainability reporting?

A) Corporate social reporting.
B) Triple bottom line reporting.
C) Environmental, social and governance reporting.
D) All of the above.

Question 7

The Kyoto Protocol:

A) commits countries to achieving specific greenhouse gas emissions reductions.
B) sets standards on corporate reporting of carbon emissions.
C) forbids trading in greenhouse gases.
D) All of the above.

Question 8

The UN's Principles for Responsible Investment have mainly been adopted by which types of organisations?

A) Builders.
B) Governments.
C) Mining companies.
D) Institutional investors.

Question 9

Which of the following is an environmental performance indicator under the GRI framework?

A) Anti-corruption policies.
B) Impacts of transport.
C) Rates of injury.
D) None of the above.

Question 10

Climate change has the ability to impact on traditional financial accounting in what way?

A) Valuation of liabilities.
B) Impairment of assets.
C) Disclosure of risks.
D) All of the above

Question 11

Stakeholder power is generally considered to relate to which of the following factors?

A) How vocal they are prepared to be.
B) The amount of impact the organisation has on them.
C) The degree of control they have over resources required by the organisation.
D) None of the above.

Question 12

According to the research undertaken to date, what is the relationship between environmental performance and disclosure of corporations?

A) Poor performers have poor disclosure, but no relationship has been found for good performers.
B) Poor performers have good disclosure, but no relationship has been found for good performers.
C) Good performers have good disclosure, but no relationship has been found for poor performers.
D) Research has not drawn any clear conclusions

Question 13

The IASB project on accounting for carbon emissions:

A) does not exist.
B) remains unresolved.
C) is complete with the release of IFRS 4.
D) is currently an exposure draft (ED133/A..

Question 14

Which of the following statements is most correct regarding environmental, social and governance reports?

A) They are not currently required in any country.
B) They are required as part of the IASB's accounting standards.
C) Norway is leading the way with regards to requiring reporting.
D) They are becoming mandatory in an increasing number of countries.

Question 15

Which of the following is not considered a stakeholder with potential interests in corporate sustainability?

A) Media.
B) Government.
C) Financial Institutions.
D) None of the above. They are all potentially interested in corporate sustainability.

Question 16

The International Integrated Reporting Committee was formed by which two bodies?

A) GRI and A4S
B) NGO and GRI
C) UNHCR and IASB
D) IASB and FASB

Question 17

Which of the following make up the three parts of the triple bottom line? $\begin{array}{|l|l|l|l|}\hline \text { I } & \text { Social } & \text { IV } & \text { Environmental } \\\hline \text { II } & \text { Government } & \text { V } & \text { Stakeholder } \\\hline \text { III } & \text { Economic } & \text { VI } & \text { Financial } \\\hline\end{array}$

A) II, IV and VI
B) I, III and IV
C) I, III and VI
D) II, IV and V