Online Access Free SCR Exam Questions

In response to policy and technology changes, a cement manufacturer looks for new opportunities to raise profits by reducing GHG emissions. Because the cement industry accounts for a considerable percentage of global emissions, the manufacturer joins a coalition of company peers. The coalition lobbies country governments to adhere to the Paris Agreement nationally determined contributions (NDCs).
Which of the following actions does the coalition recommend?

• A.Revise NDC targets annually and submit to the UN for review and approval.
• B.Tighten NDCs and report NDC progress every 5 years at COP meetings.
• C.Set 2019-2022 NDCs at a smaller scale to comply with the "ratchet" mechanism.
• D.Aligned the first round of NDCs with a 2°C warming limit, followed by a second round of a 1.5°C limit.

A technology company expands its sustainable offerings and develops a flight booking application that allows customers to offset a flight's carbon emissions. An analyst at the company researches climate agreements to inform the structure of the offsetting program.
How does the analyst describe the achievements and shortcomings of the agreements?

• A.Although COP1 (Berlin) ended with no binding treaty, it was the first COP to establish a goal that global warming remains below 2°C.
• B.The main achievement of COP15 (Copenhagen) was the creation of the IPCC, an influential scientific body that became the leading body in guiding subsequent climate agreements.
• C.COP3 (Kyoto) resulted in differentiated national responsibilities wherein developing countries were not subject to emissions reduction obligations, which disincentivized Annex 1 countries to take action.
• D.A shortcoming of COP21 (Paris) is that countries are legally obligated to annually submit nationally determined contributions (NDCs), and most have kept NDCs at unchanged levels.

A company reduces water usage and increases usage of more expensive resources after regulations become more stringent. This most likely impacts:

• A.operating expenditure
• B.provisions
• C.revenues

An oil and gas company aligns strategy and resiliency planning with long-term global climate goals. After conducting a feasibility study, a company climate risk analyst recommends incorporating IEA scenarios into company strategy development. How might the use of IEA reference scenarios improve company strategy planning?

• A.IEA scenarios provide detailed projections of future climate impacts that will inform mitigation strategies primarily for physical risks.
• B.IEA scenarios incorporate long-term energy and climate projections to meet sector-specific energy transition goals.
• C.IEA scenarios consider technological advancements in energy intensive sectors to forecast short-term market trends.
• D.IEA scenarios guide short-term efforts to reduce operational costs and optimize energy usage.

To improve sustainability, a railroad and transportation services company will revitalize its rail network by installing an operating system that reduces idle time. A reduction in idle time will decrease GHG emissions.
To finance this plan, the company will issue green bonds beginning in 2024. The company sustainability director develops sustainability objectives and eligibility criteria to communicate to investors.
The director is fulfilling which core component of the Green Bond Principles?

• A.Process for project evaluation and selection
• B.Management of proceeds
• C.Reporting
• D.Use of proceeds