Session#5-assessment

What is a potential consequence of poor governance regarding contractor oversight, as seen in Nike’s case?

• Improved supplier relationships

• Increased investor concerns and institutional customer losses

• Higher profitability due to cost-cutting measures

• Greater operational efficiency

Why is Diversity, Equity, and Inclusion (DEI) a critical benchmark in governance?

• It is required by all international organizations

• It influences how grants and funding decisions are made

• It affects HR policies and hiring practices

• It has a slight direct connection to governance

What does materiality analysis help an organization determine?

• The ESG issues most crucial to its long-term success

• The fastest way to increase short-term profits

• How to comply with local labor laws

• Which charitable causes to support

Which of the following is NOT a widely recognized ESG disclosure framework?

• Cross-industry recommendations from Task Force for Carbon-relatedFinancialDisclosures (TCFD)

• Sustainable Accounting Standards Board (SASB)

• International Chamber of Commerce framework (ICCF)

• The GlobalReporting Initiative(GRI)

What is a fundamental role of governance in ESG?

• It deals only with carbon emissions

• It ensures ethical decision-making

• It focuses exclusively on profit maximization

• It has no impact on a company's long-term performance

In governance, the 'G' in ESG is often underrated because:

• It is difficult to measure and quantify compared to environmental and social factors

• Most investors focuses more on financial performance, more than the other pillars/ aspects

• Governance policies are regulated at the national level, making ESG frameworks unapplicable

• It has no direct influence on risk mitigation

What does governance in ESG primarily focus on?

• Environmental conservation efforts

• Business ethics, accountability, and transparency

• Reducing operational costs

• Marketing sustainability initiatives

What has increased public scrutiny in supply chains led to?

• A shift towards greater transparency as the new normal

• A reduction in environmental regulations

• Companies avoiding supply chain reporting

• The elimination of governance factors in ESG

How does enhanced governance impact stakeholder trust?

• It decreases investor confidence

• It has no effect on an organization’s reputation

• It directly affects trust and a company's license to operate

• It only matters for government regulations

Audience trust in organizations is at historic lows. Which of the following factors contribute to this?
(Select all that apply)

• Organizations are now accountable for the behaviors of their supply chain partners.

• Employees no longer spend their entire careers at a single organization.

• Social media has increased public scrutiny and exposure of business practices.

• Consumer expectations for corporate responsibility are declining.