The board of directors of a growing asset management firm recommends the firm expand its ERM framework to incorporate climate risks. In response, the risk team references the COSO ERM framework for applying ESG-related risks to develop and propose a strategy to implement climate risk into the various ERM components.How will the risk team modify the existing strategy component of the company’s ERM framework?
A pension fund climate risk analyst evaluates the company portfolio under different climate scenarios. The analyst identifies technological advancements and activities that must occur at a global scale to realize each scenario outcome.Under a 1.5°C degree scenario, what development must occur?
An industry association in Germany surveys members on business alignment with nationally determined contributions (NDCs). The association members express concern about potential cascading legal repercussions or penalties if governments do not conform to Paris Agreement pledges. An attorney at the association researches this issue and sends a memo to members.The memo should state the Paris Agreement legally obliges signatories to take what action?
A diversified industrial company embarks on a climate transition strategy to invest in a more fuel-efficient airline fleet. To finance the investment, the CSO analyzes sustainable finance instruments and recommends instruments most suitable to issue.Which of the following financial instruments should the CSO recommend and why?
A Central American country signs the Paris Agreement to align actions and policies to keep global temperature rise below 1.5°C. The country’s environmental agency develops a nationally determined contribution plan that includes domestic, economy-wide, and sector-specific policies. The power generation sector is most comprehensively covered by the plan.Which policy included in the plan targets the power generation sector?
A climate scientist develops a presentation on modern climate change for a group of policymakers.What observation does the scientist include in the presentation that provides evidence of human attribution to current climate change?
