Pass-Sure ESG-Investing Exam Actual Questions offer you accurate Valid Exam Practice | CFA Institute Certificate in ESG Investing
Pass-Sure ESG-Investing Exam Actual Questions offer you accurate Valid Exam Practice | CFA Institute Certificate in ESG Investing
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CFA Institute Certificate in ESG Investing Sample Questions (Q443-Q448):
NEW QUESTION # 443
Which of the following is an example of shareholder engagement? Institutional investors:
- A. responding to policy consultations
- B. making ESG recommendations to policy makers
- C. discussing ESG issues with an investee company's board
Answer: C
Explanation:
An example of shareholder engagement is institutional investors discussing ESG issues with an investee company's board. Shareholder engagement involves active dialogue between investors and company management to address and influence ESG practices and performance.
Direct Interaction: Engaging directly with the board allows institutional investors to communicate their ESG concerns and expectations. This can lead to more informed decision-making by the board on ESG matters.
Influence and Accountability: By discussing ESG issues with the board, investors can hold the company accountable for its ESG performance. This can drive improvements in areas such as governance, environmental impact, and social responsibility.
Long-term Value: Effective engagement on ESG issues can enhance long-term value creation for both the company and its shareholders. It encourages sustainable business practices that mitigate risks and capitalize on ESG opportunities.
Reference:
MSCI ESG Ratings Methodology (2022) - Highlights the role of shareholder engagement in influencing corporate ESG practices.
ESG-Ratings-Methodology-Exec-Summary (2022) - Discusses the importance of direct dialogue between investors and company boards in improving ESG performance.
NEW QUESTION # 444
In the transition to a low-carbon economy, a coal-powered utility without a mitigation strategy will most likely pose the highest risk to its:
- A. Common shareholders.
- B. Preference shareholders.
- C. Debtholders.
Answer: A
Explanation:
In the shift to a low-carbon economy, a coal-powered utility without a mitigation strategy faces the highest risk to common shareholders (Option B) because:
Stock prices decline due to stranded asset risks, regulatory fines, and declining demand.
Common shareholders are last in the capital structure and bear the highest financial risk if the company struggles or faces bankruptcy.
Option A (Debtholders) face some risk, but they have priority in liquidation.
Option C (Preference shareholders) have fixed dividends and higher priority than common stockholders.
References:
PRI Guide to Climate Transition Risks in Utilities
TCFD Climate Transition Risk Reports
MSCI ESG Ratings: Fossil Fuel Transition Risk Analysis
NEW QUESTION # 445
According to market reviews conducted by the Global Sustainable Investment Alliance at the start of 2022, which of the following regions has the largest proportion of sustainable investing relative to total managed assets?
- A. United States
- B. Europe
- C. copyright
Answer: B
Explanation:
Europe has the largest proportion of sustainable investing relative to total managed assets. The region has been a leader in ESG integration due to strong regulatory frameworks, such as the European Union's Sustainable Finance Disclosure Regulation (SFDR), and increasing investor demand for sustainable products.
ESG Reference: Chapter 2, Page 58 - The ESG Market in the ESG textbook.
NEW QUESTION # 446
The Sustamalytics database is most likely used for:
- A. company ESG assessment.
- B. creating an ESG benchmark
- C. manager ESG assessment
Answer: A
Explanation:
The Sustainalytics database is primarily used for company ESG assessment. Here's a detailed explanation:
Company ESG Assessment:
Sustainalytics provides detailed ESG ratings and research for individual companies. Their assessments cover various ESG risks and opportunities that companies face, and these ratings are used by investors to evaluate the ESG performance of companies.
The database includes ESG Risk Ratings that measure the degree to which a company's economic value is at risk due to ESG factors. These ratings help investors integrate ESG considerations into their investment processes.
CFA ESG Investing Reference:
The CFA Institute's ESG curriculum highlights the role of Sustainalytics in providing comprehensive ESG assessments of companies. These assessments are crucial for investors looking to incorporate ESG factors into their investment decisions.
NEW QUESTION # 447
Which of the following is most likely a result of monitoring rather than engagement?
- A. Delivery of corporate purpose and culture
- B. Efficient capital allocation by investors
- C. Changed company behaviors
Answer: B
Explanation:
Monitoring allows investors to gather information on company performance and capital allocation. While engagement may lead to changes in company behavior or improvements in corporate governance, monitoring focuses on analyzing and optimizing capital efficiency.ESG Reference: Chapter 6, Page 297 - Engagement and Stewardship in the ESG textbook.
NEW QUESTION # 448
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