Pass Guaranteed Quiz 2025 Perfect CFA Institute Sustainable-Investing Latest Exam Fee
Pass Guaranteed Quiz 2025 Perfect CFA Institute Sustainable-Investing Latest Exam Fee
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CFA Institute Sustainable Investing Certificate(CFA-SIC) Exam Sample Questions (Q86-Q91):
NEW QUESTION # 86
With regard to a company's strategy, shareholders are most likely to support:
- A. forming a conglomerate.
- B. selling a legacy business operation.
- C. holding no debt on the balance sheet.
Answer: B
Explanation:
CFA's guidance emphasizes thatselling a legacy business operationcan often enhance a company'sstrategic focusandvalue creationfor shareholders, especially if the legacy asset is not core to future growth. Forming conglomerates often dilutes focus, and a zero-debt balance sheet can be seen as inefficient if growth opportunities exist.
NEW QUESTION # 87
Which of the following social factors are most likely to impact external stakeholders?
- A. Human capital development
- B. Product liability
- C. Labor rights
Answer: B
Explanation:
Product liabilitydirectly impactsexternal stakeholders, such asconsumers, regulators, and the general public.
Companies withunsafe or defective productsfacelegal risks, reputational damage, and financial losses.
* Labor rights (A) and human capital development (C) primarily affect internal stakeholders (employees).
References:
OECD Corporate Responsibility Guidelines
UN Global Compact Consumer Protection Framework
CFA Institute ESG Social Risk Management Guide
========
NEW QUESTION # 88
Which of the following technologies is most likely to be viewed by investors as a strategic solution to the decarbonization of high-temperature processes?
- A. Next-generation battery storage
- B. Nuclear fusion
- C. The use of renewable energy to produce hydrogen
Answer: C
Explanation:
Investors are most likely to view the use of renewable energy to produce hydrogen as a strategic solution to the decarbonization of high-temperature processes. Here's why:
Renewable Hydrogen:
Hydrogen produced using renewable energy (often referred to as green hydrogen) is seen as a key technology for decarbonizing high-temperature industrial processes. These processes, such as those in steel and cement production, require high levels of heat that are challenging to electrify directly.
Hydrogen can provide the necessary high-temperature heat without the carbon emissions associated with fossil fuels.
Other Technologies:
Nuclear fusion is still in the experimental stage and is not yet a commercially viable solution.
Next-generation battery storage, while important for energy storage and grid stability, does not address the specific challenge of providing high-temperature heat for industrial processes as effectively as hydrogen.
CFA ESG Investing References:
The CFA Institute's ESG curriculum discusses various technologies for decarbonization, highlighting green hydrogen as a promising solution for high-temperature industrial applications due to its potential to reduce emissions significantly.
NEW QUESTION # 89
Which of the following is most likely the easiest to demonstrate in attributing returns to ESG-related actions?
- A. The contribution of a particular ESG driver to the overall investment decision
- B. The performance drag or enhancement from excluding an industrial sector
- C. The value added by an engagement program
Answer: B
Explanation:
The performance impact of excluding certain sectors (such as tobacco or coal) can be more easily measured by comparing the portfolio's returns to a benchmark, showing the drag or enhancement due to this exclusion.
(ESGTextBook[PallasCatFin], Chapter 7, Page 319)
NEW QUESTION # 90
In a request for proposal from managers, for which of the following asset classes are voting policies least likely to be considered?
- A. Active equity
- B. Passive/index tracking
- C. Active fixed income
Answer: C
Explanation:
Voting policies are critical inactive equity(due to direct share ownership) and important even inpassive/index fundsfor stewardship purposes. In contrast,active fixed-incomeinvestments rarely involve voting rights, making them the asset class where voting policies are least likely to be relevant.
NEW QUESTION # 91
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