Pass Guaranteed CFA Institute - ESG-Investing - Certificate in ESG Investing Useful Pass Rate
Pass Guaranteed CFA Institute - ESG-Investing - Certificate in ESG Investing Useful Pass Rate
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CFA Institute Certificate in ESG Investing Sample Questions (Q111-Q116):
NEW QUESTION # 111
The mechanism of dual-class shares most likely favors:
- A. Institutional investors
- B. Minority shareholders
- C. The founders of a company
Answer: C
Explanation:
Dual-class shares typically favor the founders of a company by giving them greater voting power compared to other shareholders, allowing them to retain control over decision-making even if their economic ownership of the company is diluted. This mechanism is often used to protect the founders' vision and strategy for the company.
ESG Reference: Chapter 5, Page 241 - Governance Factors in the ESG textbook.
NEW QUESTION # 112
The UK's Green Finance Strategy identifies the policy lever of greening finance as:
- A. ensuring that the financial sector systematically considers environmental and climate factors in its lending and investment activities.
- B. strengthening the role of the UK financial sector in driving green finance.
- C. directing private sector financial flows to economic activities that support an environmentally sustainable and resilient growth.
Answer: A
Explanation:
The UK's Green Finance Strategy emphasizes the importance of ensuring that environmental and climate factors are systematically considered in financial decisions, including lending and investment activities.
(ESGTextBook[PallasCatFin], Chapter 3, Page 153)
NEW QUESTION # 113
Single-tier boards are typical in:
- A. China
- B. Germany
- C. The UK
Answer: C
Explanation:
Asingle-tier boardstructure, where executive and non-executive directors sit ononeboard, istypical in the UKand many othercommon-law jurisdictions.
In contrast, Germany (C) follows atwo-tier board system, which separatesmanagement (executive board) from oversight (supervisory board). China (A) has a hybrid structure withmandatory Communist Party oversightin large firms.
References:
* UK Corporate Governance Code
* German Corporate Governance Code
* OECD Principles of Corporate Governance
NEW QUESTION # 114
Compared with younger people, older people are more likely to have:
- A. higher accumulated savings and spend less on consumer goods.
- B. lower accumulated savings and spend less on consumer goods
- C. higher accumulated savings and spend more on consumer goods
Answer: A
Explanation:
Older people typically have higher accumulated savings compared to younger people due to their longer work history and accumulation of assets over time. However, they tend to spend less on consumer goods as their consumption patterns change with age, often focusing more on healthcare and essential services rather than discretionary spending on consumer goods.
NEW QUESTION # 115
What type of provider of ESG-related products and services is CDP (formerly known as Carbon Disclosure Project)?
- A. Nonprofit
- B. Boutique for-profit
- C. Large for-profit
Answer: A
Explanation:
CDP (formerly known as the Carbon Disclosure Project) is a nonprofit organization. Here's a detailed explanation:
* Nonprofit Organization:
* CDP is a non-governmental organization (NGO) that supports companies, financial institutions, and cities in disclosing and managing their environmental impacts. It runs a global environmental disclosure system, which involves nearly 10,000 companies, cities, states, and regions reporting on their risks and opportunities related to climate change, water security, and deforestation.
CFA ESG Investing References:
* The CFA ESG Investing curriculum recognizes CDP as a key player in environmental disclosure and management, emphasizing its role as a nonprofit organization facilitating transparency and accountability in environmental impacts.
NEW QUESTION # 116
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