What is the primary goal of the International Business Council (IBC) as discussed in the video?
Bank of America CEO Brian Moynihan on standardizing ESG measures

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Business, Social Studies, Biology
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Hard
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To reduce taxes for large corporations
To align capitalism with the UN's Sustainable Development Goals
To increase corporate profits
To eliminate competition in the market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT mentioned as a focus area for standardizing metrics?
Environmental impact
Human capital
Financial auditing
Education and reskilling
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is standardization important in the context of delivering SDGs?
It allows for more energy to be spent on progress rather than debating metrics
It helps in reducing corporate taxes
It increases the number of measurement systems
It eliminates the need for regulatory oversight
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do regulators play in the context of standardization?
They create new measurement systems
They provide endorsement and credibility to standards
They increase the complexity of compliance
They eliminate the need for corporate responsibility
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of addressing greenwashing in corporate practices?
It reduces the need for standardization
It allows companies to avoid regulatory scrutiny
It helps in increasing corporate profits
It ensures that environmental claims are credible and not misleading
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