Sustainability, Impact Assessment, and Business Responsibility & Sustainability Reporting (BRSR) | MCQ
What is the primary goal of sustainability?
a) Maximizing profits
b) Meeting present needs without compromising future generations
c) Reducing energy consumption
d) Increasing industrial production
Answer: b) Meeting present needs without compromising future generations
Which of the following is NOT a key factor in Life Cycle Analysis (LCA)?
a) Inputs (materials, energy)
b) Process (biproducts, energy)
c) Outputs (emissions, waste)
d) Profitability
Answer: d) Profitability
What is the correct sequence in "Cradle to Grave" tracking?
a) Transportation -> Manufacturing -> Use -> Disposal -> Premanufacturing
b) Premanufacturing -> Manufacturing -> Transportation -> Use -> Disposal
c) Disposal -> Transportation -> Manufacturing -> Use -> Premanufacturing
d) Use -> Transportation -> Premanufacturing -> Manufacturing -> Disposal
Answer: b) Premanufacturing -> Manufacturing -> Transportation -> Use -> Disposal
What is the purpose of the Theory of Change (ToC)?
a) Evaluating "Doing well by not doing bad"
b) Evaluating "Doing well by doing good"
c) Maximizing shareholder profit
d) Reducing operational costs
Answer: b) Evaluating "Doing well by doing good"
Which is NOT a stage in the Theory of Change framework?
a) Input
b) Activity
c) Profit
d) Impact
Answer: c) Profit
What is a key aspect of Theory of Change (ToC)?
a) Ignoring unintended consequences
b) Identifying underlying assumptions
c) Focusing solely on profit-making
d) Avoiding social issues
Answer: b) Identifying underlying assumptions
What does Section A of BRSR cover?
a) Policies and strategies
b) General company disclosures
c) Environmental impact assessment
d) Principle-wise performance disclosures
Answer: b) General company disclosures
How many principles are included in the Principle-wise Performance Disclosure in BRSR
a) 5
b) 7
c) 9
d) 11
Answer: c) 9
Which of the following is NOT one of the 9 BRSR principles?
a) Ethics and Integrity
b) Employee Well-being
c) Financial Growth
d) Consumer Responsibility
Answer: c) Financial Growth
Which report introduced the definition of Sustainable Development?
a) Brundtland Report
b) Kyoto Protocol
c) Paris Agreement
d) IPCC Report
Answer: a) Brundtland Report
What does Corporate Philanthropy focus on?
a) Generating profit
b) Giving back to the community
c) Reducing business risks
d) Increasing shareholder wealth
Answer: b) Giving back to the community
Corporate Shared Value (CSV) means:
a) Finding business opportunities in social problems
b) Donating to charities
c) Avoiding sustainability-related expenses
d) Expanding profit margins without concern for social impact
Answer: a) Finding business opportunities in social problems
What does Additionality mean in sustainability?
a) Achieving economic growth at all costs
b) Adding something new to the context
c) Removing environmental constraints
d) Reducing costs
Answer: b) Adding something new to the context
Which of the following is NOT an example of Additionality?
a) Directly contributing to Sustainable Development Goals (SDGs)
b) Addressing underserved markets
c) Maximizing short-term profits
d) Market innovation
Answer: c) Maximizing short-term profits
Which of the following is NOT a sustainability-related career?
a) Sector Sustainability Specialist
b) Compliance and Audit
c) Artificial Intelligence Developer
d) Sustainable Finance
Answer: c) Artificial Intelligence Developer
A Sustainability Consultant primarily helps businesses with:
a) Reducing product costs
b) Developing sustainability strategies
c) Avoiding government regulations
d) Selling environmentally harmful products
Answer: b) Developing sustainability strategies
What is the main purpose of Life Cycle Analysis (LCA)?
a) Reducing costs in manufacturing
b) Evaluating environmental impacts of a product throughout its life cycle
c) Increasing energy consumption
d) Improving marketing strategies
Answer: b) Evaluating environmental impacts of a product throughout its life cycle
In LCA, which of the following is considered as an "input"?
a) Waste emissions
b) Finished products
c) Raw materials and energy
d) Air pollution
Answer: c) Raw materials and energy
The "Cradle to Grave" approach in LCA tracks a product from:
a) Manufacturing to marketing
b) Raw material extraction to disposal
c) Raw material extraction to recycling
d) Product launch to sales
Answer: b) Raw material extraction to disposal
"Cradle to Cradle" sustainability focuses on:
a) A linear supply chain
b) A circular economy approach with product reuse and recycling
c) Waste generation at every stage
d) Higher production costs
Answer: b) A circular economy approach with product reuse and recycling
The BRSR framework was introduced by:
a) United Nations
b) Reserve Bank of India
c) Securities and Exchange Board of India (SEBI)
d) Ministry of Corporate Affairs
Answer: c) Securities and Exchange Board of India (SEBI)
Section C of BRSR focuses on:
a) General company details
b) Policies and strategies
c) Principle-wise Performance Disclosures
d) Annual revenue
Answer: c) Principle-wise Performance Disclosures
The 9 Principles in BRSR align with which global framework?
a) The Kyoto Protocol
b) UN Sustainable Development Goals (SDGs)
c) G20 Summit Guidelines
d) International Monetary Fund (IMF) Policies
Answer: b) UN Sustainable Development Goals (SDGs)
Which principle in BRSR relates to "Ethics and Integrity"?
a) Principle 1
b) Principle 5
c) Principle 7
d) Principle 9
Answer: a) Principle 1
The BRSR framework aims to improve:
a) Financial profits
b) Transparency in Environmental, Social, and Governance (ESG) disclosures
c) Corporate advertising
d) Shareholder dividends
Answer: b) Transparency in Environmental, Social, and Governance (ESG) disclosures
The 3Ps in sustainability stand for:
a) People, Profit, Planet
b) Price, Production, Promotion
c) Profit, Productivity, Pollution
d) Policy, Planning, Performance
Answer: a) People, Profit, Planet
Which of the following is a key principle of Corporate Social Responsibility (CSR)?
a) Ignoring environmental concerns
b) Maximizing short-term profits
c) Contributing to social and environmental well-being
d) Avoiding legal obligations
Answer: c) Contributing to social and environmental well-being
Which company is known for integrating sustainability into its business strategy?
a) Tesla
b) Coca-Cola
c) ExxonMobil
d) McDonald's
Answer: a) Tesla
Sustainable Development Goals (SDGs) were introduced by:
a) World Bank
b) United Nations
c) European Union
d) International Labor Organization (ILO)
Answer: b) United Nations
Which of the following is NOT an SDG?
a) Climate Action
b) Zero Hunger
c) Space Exploration
d) Gender Equality
Answer: c) Space Exploration
A "Sustainable Finance" professional primarily works on:
a) Investment strategies considering environmental and social impact
b) Maximizing short-term stock prices
c) Selling non-renewable energy sources
d) Lobbying for industrial pollution permits
Answer: a) Investment strategies considering environmental and social impact
What is the role of a Compliance and Audit professional in sustainability?
a) Monitoring adherence to sustainability policies
b) Increasing corporate taxes
c) Avoiding environmental regulations
d) Reducing employee benefits
Answer: a) Monitoring adherence to sustainability policies
"Patient Capital" refers to:
a) Quick return investments
b) Long-term investments with social or environmental benefits
c) Money held in savings accounts
d) Government-issued bonds
Answer: b) Long-term investments with social or environmental benefits
A Social Stock Exchange focuses on:
a) Trading traditional stocks
b) Investing in companies with strong ESG commitments
c) Avoiding environmental policies
d) Increasing short-term gains
Answer: b) Investing in companies with strong ESG commitments
The Kyoto Protocol focuses on:
a) Reducing greenhouse gas emissions
b) Increasing industrial production
c) Encouraging deforestation
d) Promoting fossil fuel use
Answer: a) Reducing greenhouse gas emissions
The Paris Agreement aims to:
a) Increase carbon emissions
b) Keep global temperature rise below 2°C
c) Promote deforestation
d) Ban electric vehicles
Answer: b) Keep global temperature rise below 2°C
SDG 13 is focused on:
a) Climate Action
b) Clean Water and Sanitation
c) Gender Equality
d) Good Health and Well-being
Answer: a) Climate Action
The Environmental, Social, and Governance (ESG) framework helps investors by:
a) Ignoring sustainability risks
b) Evaluating companies based on sustainability and ethical impact
c) Avoiding social responsibilities
d) Increasing fossil fuel investments
Answer: b) Evaluating companies based on sustainability and ethical impact
What is the primary benefit of Life Cycle Assessment (LCA) for businesses?
a) Enhancing marketing campaigns
b) Identifying environmental hotspots in the production cycle
c) Increasing energy consumption
d) Eliminating competition
Answer: b) Identifying environmental hotspots in the production cycle
The “Use Phase” in LCA primarily considers:
a) Raw material extraction
b) Consumer energy consumption and emissions
c) Waste disposal after product life
d) Factory emissions during manufacturing
Answer: b) Consumer energy consumption and emissions
Which of the following is an example of an LCA improvement strategy?
a) Using renewable energy in manufacturing
b) Increasing transportation emissions
c) Using more non-recyclable materials
d) Extending product disposal timelines
Answer: a) Using renewable energy in manufacturing
In a Life Cycle Assessment, reducing product packaging waste falls under which category?
a) Inputs
b) Process
c) Outputs
d) Transportation
Answer: c) Outputs
In the Theory of Change model, the "Outcome" stage represents:
a) Immediate activities performed
b) The broader, long-term societal or environmental change
c) The financial growth of a company
d) The raw material inputs
Answer: b) The broader, long-term societal or environmental change
Why is identifying underlying assumptions important in ToC?
a) To avoid unnecessary project funding
b) To make the change process more transparent and measurable
c) To focus only on profits
d) To minimize employee engagement
Answer: b) To make the change process more transparent and measurable
An example of an unintended consequence in sustainability initiatives is:
a) Creating a recycling program but increasing water usage
b) Reducing employee wages
c) Eliminating environmental laws
d) Ignoring supply chain ethics
Answer: a) Creating a recycling program but increasing water usage
What is a double-bottom-line approach?
a) Focusing on financial and social/environmental impact
b) Focusing only on short-term profit
c) Reducing investment in sustainability
d) Prioritizing shareholder interests
Answer: a) Focusing on financial and social/environmental impact
Which company is recognized as a leader in sustainable supply chain management?
a) Patagonia
b) ExxonMobil
c) British American Tobacco
d) Facebook
Answer: a) Patagonia
What is one advantage of integrating sustainability into business operations?
a) Increased regulatory scrutiny
b) Higher long-term profitability and brand reputation
c) Reduced employee morale
d) Increased environmental degradation
Answer: b) Higher long-term profitability and brand reputation
The BRSR framework was introduced to replace which previous reporting guideline in India?
a) Business Responsibility Report (BRR)
b) Environmental Compliance Report (ECR)
c) Corporate Financial Disclosure Report (CFDR)
d) Public-Private Partnership Report (PPPR)
Answer: a) Business Responsibility Report (BRR)
Principle 5 of the BRSR framework is related to:
a) Human Rights
b) Environmental Sustainability
c) Consumer Responsibility
d) Public Policy
Answer: a) Human Rights
The “Leadership Indicators” in BRSR are:
a) Voluntary and disclose best practices beyond compliance
b) Mandatory for all businesses
c) Irrelevant to ESG reporting
d) Focused only on financial performance
Answer: a) Voluntary and disclose best practices beyond compliance
Which of the following is NOT a component of BRSR?
a) Environmental Risk Assessment
b) Gender Diversity Policies
c) Executive Compensation Details
d) Carbon Emissions Reduction Goals
Answer: c) Executive Compensation Details
The Social pillar in ESG focuses on:
a) Employee relations, community engagement, and diversity
b) Profit maximization
c) Increasing non-renewable energy investments
d) Encouraging regulatory non-compliance
Answer: a) Employee relations, community engagement, and diversity
What is a major challenge in achieving SDG 7 (Affordable and Clean Energy)?
a) High initial costs of renewable energy
b) Over-reliance on fossil fuels
c) Lack of technological advancements
d) All of the above
Answer: d) All of the above
ESG investing considers:
a) Environmental, Social, and Governance factors in investment decisions
b) Only financial profitability
c) Political factors in a country
d) Personal opinions of investors
Answer: a) Environmental, Social, and Governance factors in investment decisions
An example of "Market Development" under Additionality is:
a) Introducing sustainable business practices in an underserved area
b) Reducing product prices significantly
c) Eliminating government regulations
d) Using only traditional supply chains
Answer: a) Introducing sustainable business practices in an underserved area
"Patient Capital" is often associated with:
a) Venture capitalists investing for long-term impact
b) Fast returns on investments
c) High-risk trading strategies
d) Reducing business sustainability efforts
Answer: a) Venture capitalists investing for long-term impact
Which industry can benefit the most from sustainable innovation?
a) Renewable Energy
b) Fast Fashion
c) Tobacco Industry
d) Coal Mining
Answer: a) Renewable Energy
A Sustainability Consultant is responsible for:
a) Advising businesses on environmental, social, and governance (ESG) strategies
b) Increasing pollution levels
c) Reducing sustainability initiatives
d) Increasing corporate debt
Answer: a) Advising businesses on environmental, social, and governance (ESG) strategies
A key role in Sustainable Finance involves:
a) Green bonds and ethical investment strategies
b) Short-term profit maximization
c) Investing in non-renewable energy projects
d) Ignoring environmental regulations
Answer: a) Green bonds and ethical investment strategies
Which of the following is a major trend in sustainability careers?
a) Growing demand for ESG analysts
b) Decline in sustainable investment opportunities
c) Reduction in renewable energy jobs
d) Increasing fossil fuel subsidies
Answer: a) Growing demand for ESG analysts
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