QUIZ- Sustianable Future: The Drivers of Corporate Sustainabilty

What is mean by sustainability in business?

• A strategy by a company in gaining more revenue for short term financing

• Company organize activities to manage risk and opportunity to earn profit

• Company strategy to reduce negative environmental impact resulting from their operations in a particular market

• The process and strategies for addressing risks, limitations and standard for managing risk

What are the three pillars of sustainability?

• Economy, society, and governance

• Equality, society, and governance

• Ecology, security, and globally

• Environmental, society, and governance

Why sustainability is important in business?

• Benefit from improved efficiency, cost savings, and increased customer loyalty

• Gain profit in business immorally

• Create a competitive environment to the business

• Increase ineffective impact to the environmental , society and governance

What is the first step in developing sustainability?

• Setting goals such as KPI to identify sustainability areas of focus

• Analyze the internal & external data that are collected to set baseline and standards

• Build resources and capabilities needs to manage sustainability initiatives

• Create ESG reporting & mentoring to track performance and adjust initiatives

What is the last step in developing sustainability?

• Analyze the internal & external data that are collected to set baseline and standards

• Setting goals such as KPI to identify sustainability areas of focus

• Create ESG reporting & mentoring to track performance and adjust initiatives

• Build resources and capabilities needs to manage sustainability initiatives

What is mean by green financing in developing sustainability?

• An investment that is able to help improve the environment which also aim to increase the level of financial flow from the public Or private sector to sustainable development priorities.

• A type of banking service provided to low-income individuals Or group who otherwise wouldn't have access to financial services.

• A mechanisms through which the gap between the shipment of a product of commodity from one market to its arrival in another is efficiently bridged.

• A way for business to borrow money against the amounts due from customers.

What is mean by carbon footprint in banking sector?

• The process of planning and organising the resources and activities of a business to achieve specific goals in the business

• The process of planning and organising the resources and activities of a business to achieve specific goals in the business

• The process of eliminating uncertainty by entering into an agreement with a counterparty

• One metric that can help banks gauge their impact on the environment and transform their business with sustainability-based decision-making.

One of the financial institutions approach that was use by a sustainable business is :

• Invest in company that have huge financial background

• Using the non-renewable sources materials in buildings

• Collaboration & partnerships

• Training employees in getting more sales to increase revenue

How can a business enhance efficiency and cost savings after developing sustainability?

• Reduce waste materials that may cause harmful to the environment

• Purchase machines and equipments that are costly

• Invest in company that have ability in making huge profit

• Carry out CSR projects

One of the company that carry out sustainability in business is Unilever. What is the name of the plan?

• Sustainable Saving Plan

• Sustainable Changing Plan

• Sustainable Living Plan

• Sustainable Developing Plan