ESG QUIZ FOR COMPLIANCE TEAM

What does ESG stand for?

• Environmental, Social and Governance

• Economic, Social and Growth

• Energy, Safety and Governance

• Environment, Safety and Growth

Which of the following is an example of an Environmental Factor?

• Anti-bribery policy

• Carbon emissions

• Diversity in leadership

• Data privacy

The 'S' in ESG includes which of the following?

• Cybersecurity and IT systems

• Board independence

• Labour practices and community impact

• Emission reduction targets

Governance in ESG refers to...

• How the company is managed and makes decisions

• Environmental regulations compliance

• Stakeholder engagement

• Marketing strategies

Why is ESG important for business today?

• It helps companies appear trendy

• It is required by law everywhere

• It builds long-term trust, attracts investors and reduces risk

• It replaces compliance program

What's an example of poor Governance practice?

• Transparent reporting

• Independent board

• Conflicts of interest and lack of oversight

• Whistleblowing channels

Which of the following could be a social risk for company?

• High energy consumption

• Labour rights violation in the supply chain.

• Corruption among board members

• Poor waste management

Which statement best describes the link between ESG and compliance?

• ESG replaces compliance completely.

• Compliance ensures ESG goals are achieved ethically and within the law.

• ESG is only about climate issues.

• Compliance is not related to ESG,

A potential vendor offers competitive pricing but has faced allegations of unsafe working conditions. What should compliance do first?

• Proceed since no legal action has been taken yet.

• Flag the concern and request evidence of corrective measures as part of due diligence

• Let Procurement decide since this is a commercial issue.

• Approve with warning in the contract.