LO4 Demonstrate the application of Envirnomental, Social and Governance principles in a range of sectors and industries

Question 1

ESG Considerations include an understanding of (11)

Answer 1

Bribery
Corruption
Fraud
Cartels
Child Labour
Collusion
Modern Slavery
Sustainability
ED&I
Human Rights
Values

Question 2

ED&I

Answer 2

Equality, Diversity and Inclusion

Question 3

Triple Bottom Line

Answer 3

measures sustainability in relation to organisational performance and investment against the 3 Ps

Question 4

The 3 P’s

Answer 4

Profit
People
Planet

Question 5

Advantages of the 3 Ps

Answer 5

Encourages awareness of sustainability
Promotes the use of ESG olicies
Supports awareness of the enivornment

Question 6

HR RITUAL

Answer 6

looks at the lifecycle of an employee
Recruitment
Induction
Training
Utilisation
Appraisal
Leaving Review

Question 7

Organisational social impact can be formed from

Answer 7

Ethical behaviour
Environmental behaviour
Sustainable behaviour
Political and legal behaviour
Economic behaviour
Cultural behaviour
Technological behaviour
Donating / giving

Question 8

Economic behaviour includes

Answer 8

Pricing
Inflation / Interest rates

Question 9

Booming Market

Answer 9

The economy when it is in rapid growth

Question 10

Bull Market

Answer 10

a market that is growing steadily

Question 11

Bear market

Answer 11

a market that is shrinking or in decline

Question 12

Culture is made up of 6 elements

Answer 12

Stories
Symbols
Power structures
Organisational structures
Control systems
Rituals and routines

Question 13

Legislation and regulations include

Answer 13

Taxes
Salary
Working Hours
Trade regulations
Quality Standards

Question 14

Social impact key objectives

Answer 14

Create
Strive
Recognise
Measure
Believe

Question 15

Organisations displaying poor behaviour see these outcomes

Answer 15

Reduce Brand loyalty
Difficulty recruiting
negative media coverage
reduced sales
Reputational damage

Question 16

Organisations displaying good behaviour see these outcomes

Answer 16

High employment
Fair Wages
Low Pollution
Sustainable resources
Engagement with local orgs

Question 17

How to monitor an organisations social impact (8)

Answer 17

Agriculture
Education
Training
Pollution
Average wage
Emplyment
Involvement
Reputation

Question 18

Accreditations that show an organisation is aware of / incorporating ESG

Answer 18

CIPS
Carbon Trust
ILO
Red Tractor
Fairtrade international

Question 19

Anti-Bribery procedures

Answer 19

Proportionate procedures
Top level commitment
Risk assessment
Due diligence
Communication
Monitoring / reviewing

Question 20

The Birbery Act holds juristiction over

Answer 20

Comapnies rgistered and trading in UK
Companies registered in UK and trading overseas
International companies trading in UK

Question 21

Bribery ha these effects on the marketplace

Answer 21

Markets do not function effectively
Competition reduced
Transparency reduced
Suppliers lose business
No added value
Prices often higher

Question 22

Transparency international

Answer 22

An organisation that assesses national and governmental levels of corruption

Question 23

Corruption may include (4)

Answer 23

Bribery
Deception
Abuse of power
Embezzlement

Question 24

Yukl and Falbes influencing styles (6)

Answer 24

Assertive
Ingratitating
Exchange
Upward appeal
Coalition
Rational persuasion

Question 25

French and Ravens five types of power

Answer 25

Legitimate Reward Expert Referent Coercive

Question 26

Ways fraud can present itself

Answer 26

Kickbacks Corrupt influenc Collusion Bid Rigging Invoicing fraud

Question 27

Human Rights include

Answer 27

Dignity Fairness Respect Equality Freedom

Question 28

Human rights relate to

Answer 28

Sexual Orientation Gender Religious beliefs Cultural values Ethnicity Nationality

Question 29

Five Basic Rights (The Universal Declaration of Human Rights)

Answer 29

1 Right to Equality 2 Freedom fromd iscrimination 3 Right to life, livrty and personal security 4 Freedom from slavery 5 Freedom from torture and degrading treatment

Question 30

Modern Slavery includes

Answer 30

Human trafficking Bonded labour Forced labour Child labour Domestic slavery

Question 31

ISO 14001

Answer 31

Internationally recognised standard for environmental management systems

Question 32

Environmental factors

Answer 32

Pollution Recycling Renewable processes Sustainability

Question 33

Pollution can be generated from

Answer 33

Emissions Noise Small Transport and logistics Development Waste Disposal

Question 34

CSR Polcy

Answer 34

Corporate Social Responsibility Environment Workplace Marketplace Society

Question 35

Malthusian Trap

Answer 35

As the population increased as would the demand. eventually demand will outstrip supply and the tipping point is when resources are extracted quicker than the earth can replenish

Question 36

Specific ways of monitoring ESG practices

Answer 36

Monitoring KPIs Scorecards / Dashboard Regular supplier reviews Accreditations kept up to date Keeping up to date with changing legislation Being aware of media stories

Question 37

Reporting framework

Answer 37

a set of criteria to measure an orgaisations peformance

Question 38

Reporting frameworks usually include

Answer 38

Cash flow statement Profit/loss account Statement of financial position Shareholder value Predict VS achieved sales Future budget

Question 39

ESG Reporting includes

Answer 39

Percentages Statistics Case Studies Testimonials

Question 40

Methods to gather and evaluate data on ESG reorting Frameworks

Answer 40

Quality systems Impact tools Feedback Output focused tools Outcome focused tools

Question 41

ISO 26000

Answer 41

Social Responsibility and sustainability

Question 42

ISO 20400

Answer 42

Sustainable procurement

Question 43

ISO 37001

Answer 43

Anti-Birbery management

Question 44

Ohnos 8 wastes TIMWOODS

Answer 44

Transportation Inventory Motion Waiting Over-processing Over-production Defects Skills

Question 45

10 factors associated with ESG in procurement

Answer 45

Engaging with stakeholders collaboration Big data analytics Whole life costing social aspects Ethics Sustainability Environment Value for money Governance considerations Anti-Bribery/corruption Compliance

Question 46

Why should suppliers continually monitor their code of ethics

Answer 46

To ensure that: they are looking after the interest of the SC That potential customers can be reassured that they are conforming to all required regs

Question 47

Maintaining ethical codes of practice (5)

Answer 47

Define Prevent Detect Respond Evaluate

Question 48

Nolans seven principles of public life

Answer 48

Accountability Selflessness Integrity Objectivity Leadership Honesty Openess

Question 49

The code of ethics cover what social and governance aspects

Answer 49

1. Diversity 2. ED&I 3. Mission statement and values 4. COI 5. Whistle-blowing 6. Non-compliance

Question 50

Diversity includes

Answer 50

Ethnicity Gender Sexual orientation Cultural background Beliefs Values Age Abilities Political views Religion

Question 51

Forms that Conflict of Interests can present themselves

Answer 51

Financial Materialistic Prejudicial Personal Professional

Question 52

Best practice with dealing with conflicts of interest

Answer 52

Disclose any suspected COI Avoid situations where CI can occur

Question 53

Whistleblowing

Answer 53

When an individual reports activity or information which they believe to be illegal, unethical or not in accordance with the organisations policies and procedures