Which of the following is responsible for ensuring the composition of a company's board is balanced and effective?
Correct Answer: B
The Nominations Committee is responsible for ensuring that the composition of a company's board is balanced and effective. This committee is tasked with identifying and recommending new directors and ensuring that the board has the necessary skills, experience, and diversity to oversee the company effectively.
ESG Reference: Chapter 5, Page 232 - Governance Factors in the ESG textbook.
Both the EU Paris-Aligned Benchmarks and the EU Climate Transition Benchmarks allow limited investment in fossil fuels, with restrictions aimed at ensuring that such investments contribute to the transition to a low- carbon economy. These benchmarks are designed to help investors transition their portfolios in line with decarbonization goals.ESG Reference: Chapter 8, Page 406 - ESG Integrated Portfolio Construction & Management in the ESG textbook.
Scope 3 carbon emissions, which include indirect emissions from suppliers and consumers, are accounted for under both the UK Task Force on Climate-related Financial Disclosures (TCFD) and the European Union's Sustainable Finance Disclosure Regulation (SFDR). Both frameworks encourage comprehensive disclosure of emissions across the entire value chain.ESG Reference: Chapter 3, Page 133 - Environmental Factors in the ESG textbook.