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GARP Question and answers rated A+

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GARP Question and answers rated A+ Sustainability - correct answer humanity meeting its current needs without overburdening the natural environment or future generations; includes environmental, social, and economic aspects Brundtland Commission - correct answer Final report in 1987 inspired...

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  • August 12, 2024
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  • 2024/2025
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Academia199
GARP - SCR Chapter 2
Sustainability - correct answer ✔humanity meeting its current needs without
overburdening the natural environment or future generations; includes
environmental, social, and economic aspects


Brundtland Commission - correct answer ✔Final report in 1987 inspired
today's definition of sustainability: development that meets the needs of the
present without compromising needs of future generations


CSR - correct answer ✔companies undertaking social/environmetnal
activities for the benefit of society


ESG - background - correct answer ✔Coined in 2005 report by the UN
Global Compact, & endorsed by investment firms; embedded into UNPRI in
2006; used to gauge companies performance


ESG - definition - correct answer ✔Set of standards by responsible investors
to gauge companies—and sometimes other entities such as governments—
on their environmental, social, and governance performance


How are ESG scores primarily used? - correct answer ✔ESG scores and
metrics are then used by financial firms in various ways such as underwriting
and investing.
Ex: in screening companies for inclusion in ESG investment funds


Relationship between climate change and ESG - correct answer ✔climate is
not exclusively an ESG issue. The impact of climate change affects all
stakeholders including those not currently acting in sustainable ways

, SDGs - correct answer ✔United Nations' Sustainable Development Goals
(SDGs), launched in 2015 as part of the UN's 2030 Agenda for Sustainable
Development. to shape global policy & private-sector action


Why is the 2030 Agenda / SDGs successful? - correct answer ✔The success
of the 2030 Agenda so far is that it manages to be broad, all-encompassing,
and detailed. At its heart lie 17 Sustainable Development Goals (SDGs).


The 17 goals are also subdivided into 169 targets, which provide specificity.
The broad scope of the SDGs has allowed a wide range of stakeholders to
find strong agreement around at least some of the goals


Agenda 21 - correct answer ✔178 countries adopted this plan at the Earth
Summit in 1992; this was a plan for global partnership on sustainable
development. Kicked off the UN Franework Convention on Climate Change
and the COnvention on Biological Diversity


UNFCCC - correct answer ✔UN Framework Convention on Climate Change;
coordinates communication between the IPCC and governments. All major
climate policy agreements occur under this body


MDGs - correct answer ✔Millennium Development Goals; adopted by the
UN in 2000 with the goal to be achieved by 2015. Never deeply-involved
private-sector stakeholders, so they fell flat


2030 Agenda for Sustainable Development - correct answer ✔Product of the
UN, its member countires, and civil society, focuses on people planet,
prosperity, and peace; establishes the 17 SDGs


Nature-Based Solution - correct answer ✔actions to protect, mange, or
restore ecosystems that also address societal and human challenges. Must:

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