Scribd
Upload
180 views1 page

SCR Q&a 12

The document discusses a lack of clarity in sustainability, climate, and ESG definitions at an international finance bank that led to inefficient initiatives. To address this, the sustainability department is developing new terminology for use across the bank. They should include that ESG risks are broader than all sustainability risks. The document also discusses a CRO at a Chinese commercial bank observing that climate physical risk negatively impacted clothing manufacturer cash flows, leading to higher credit risk. The specific event was disruptions in raw material supply due to climate adaptation.

Uploaded by

mirjanazlatanovic
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
180 views1 page

SCR Q&a 12

The document discusses a lack of clarity in sustainability, climate, and ESG definitions at an international finance bank that led to inefficient initiatives. To address this, the sustainability department is developing new terminology for use across the bank. They should include that ESG risks are broader than all sustainability risks. The document also discusses a CRO at a Chinese commercial bank observing that climate physical risk negatively impacted clothing manufacturer cash flows, leading to higher credit risk. The specific event was disruptions in raw material supply due to climate adaptation.

Uploaded by

mirjanazlatanovic
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 1

Question #23Topic 1

At an international finance bank, a lack of staff clarity regarding sustainability,


climate, and ESG definitions led to overlapping and inefficient initiatives. To minimize
inefficiencies, the sustainability department develops new terminology for use across
the bank.
What should the department include in this new terminology?

 A. Sustainability issues fall exclusively within climate change impacts.


 B. ESG and sustainability risks are completely interchangeable.
 C. ESG risks are broader than all sustainability risks.
 D. Sustainability should include all governance and social risks. Most Voted

Hide Solution Discussion 6

Correct Answer: C 🗳️

Question #24Topic 1
The CRO at a commercial bank in China examines the negative impact of climate-
related physical risk on clothing manufacturer cash flows that subsequently lead to
higher credit risk.
The CRO observes which event leading to increased credit risk from climate physical
risk?

 A. Decrease in production capacity due to higher labor absenteeism


 B. Disruptions in the raw material supply due to climate adaptation
 C. Rising costs of outdated manufacturing equipment write-offs
 D. Higher costs of adaptation to stricter new low-carbon standards

Hide Solution Discussion 4

Correct Answer: B 🗳️

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy