ESG-Investing 無料問題集「CFA Institute Certificate in ESG Investing」

（A）The Jevons paradox explains why decoupling happens

（B）Moving to a circular economy boosts decoupling

（C）Absolute long-term decoupling is more common than relative decoupling

（A）Accepts lower active risk when optimizing for multiple factors.

（B）Requires defining an upper and lower bound for a given variable.

（C）Applies a fixed decision to specific securities.

（A）To classify all businesses based on their ESG scores

（B）To mandate that all public companies invest in climate solutions

（C）To define which economic activities can be considered environmentally sustainable

（A）permit fossil fuel investments as part of a transition process.

（B）require a reduction in carbon emissions intensity in the starting year.

（C）permit only green investments.

（A）Social

（B）Environmental

（C）Governance

（A）Is a mandatory label for companies that apply sustainability labels on their products

（B）Contains a list of six key principles designed to prevent businesses from making misleading environmental claims

（C）Certifies products that have a guaranteed, independently verified, low environmental impact

（A）Access to Medicine Index

（B）The Bangladesh Accord

（C）Farm Animal Investment Risk and Return

（A）Generic letter

（B）Informal discussions

（C）Soliciting support

（A）Cultural challenges and biases within investment management firms

（B）Standardized disclosures in audited financial statements that hinder differentiated analysis

（C）Overly detailed company-level ESG reporting that overwhelms investors

（A）Are based on historical data rather than forward-looking data

（B）Have the potential to capture dramatic shifts in the investment environment

（C）Fail to capture fat tails and skewness

（A）A lower fee structure

（B）A higher fee structure

（C）The same fee structure

（A）inequality

（B）employment opportunities

（C）offshoring

（A）Use screens to exclude fossil fuel investments.

（B）Increase investments in sovereign debt of countries where the physical impacts of climate change are likely to be most acute.

（C）Accept long-term returns below the benchmark.

（A）Can be applied through exclusionary screening

（B）Requires defining an upper and lower bound for a given variable

（C）Is currently confined to carbon data due to data limitations

（A）company communications.

（B）third-party reports.

（C）news articles.

（A）Sovereign debt

（B）Investment grade corporate debt

（C）Emerging markets corporate debt

（A）The founders of a company

（B）Institutional investors

（C）Minority shareholders