SCR Practice Online

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?

An industry association in Germany surveys members on business alignment with nationally determined contributions (NDCs). The association members express concern about potential cascading legal repercussions or penalties if governments do not conform to Paris Agreement pledges. An attorney at the association researches this issue and sends a memo to members. The memo should state the Paris Agreement legally obliges signatories to take what action?

The risk team at an agricultural company in Easter Europe evaluates crop yield production performance. The evaluation reveals high temperature and water shortages will likely harm crop production, and current company insurance will not mitigate this exposure. The team recommends increasing coverage by purchasing an additional insurance policy that includes area yield protection. According to the COSO ERM framework, which risk response strategy did the team recommend?

After launching new large-scale sites for engine testing, a global automaker prepares a GHG inventory report according to the GHG Protocol. An analyst on the sustainability team gathers data for the assessment. The analyst identifies emissions from production processes, previously deemed irrelevant at the corporate level, now constitute over 25% of company aggregated GHG emissions across plant sites. Which GHG Protocol principle did the company analyst follow? 

An environmental agency for a southeast Asian nation increases funding to study historic climate change and its impacts. The agency funds a proposal for a scientific subject matter expert to conduct a large-scale study of the nation’s tree rings. What information will this study most likely reveal?