Exam SCR topic 1 question 29 discussion

Actual exam question from GARP's SCR

Question #: 29
Topic #: 1

A West African energy company plans to expand beyond regional operations to markets throughout the continent. Executive leadership determines integrating SDGs into operations can help the company appeal to new consumers and political decision makers. The company CSO develops a strategy to promote the SDGs to external stakeholders.
What should the strategy include?

A. Calculation of the economic benefits of an SDG before applying a strategy.
B. Disclosure of the SDG alignment to investors to allow comparability among peers.
C. Quantification of each SDG target to measure progress.
D. Prioritization of SDGs that incorporate nature-based solutions.

Show Suggested Answer

Suggested Answer: C 🗳️

by StudyGuruESG at March 19, 2023, 12:20 p.m.

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StudyGuruESG

Highly Voted 1 year, 4 months ago

How about (b) Disclosure of the SDG alignment to investors to allow comparability among peers.?

upvoted 7 times

Karnitschnig

1 year, 3 months ago

Disclosing your own SDG alignment doesn't allow for comparability if other companies aren't also doing it

upvoted 2 times

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MatMat2023

Most Recent 9 months, 1 week ago

C is correct. The SDGs aim to promote the company to consumers and political decision makers not investors.

upvoted 1 times

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Anil_SUPER_STAR

10 months ago

Seems B Understanding SDG alignment has also become increasingly important and relevant for financial institutions analyzing corporate performance. It is now a lens used to screen companies and analyze entire investment portfolios. As an example, MSCI, an investment data company, offers an SDG Alignment Tool that covers 8,600 companies in a way that measures a “holistic overview of [a company’s] net contribution to the UN SDGs”. In parallel, using SDG alignment allows for an easy way to present outcomes and priorities to investors in a way that is cross-comparable between financial firms

upvoted 3 times

Anil_SUPER_STAR

10 months ago

In parallel, using SDG alignment allows for an easy way to present outcomes and priorities to investors in a way that is cross-comparable between financial firms.

upvoted 1 times

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