CFA Institute ESG-Investing Exam With Confidence Using Practice Dumps

Both the EU Paris-Aligned Benchmarks and the EU Climate Transition Benchmarks allow for limited investment in fossil fuels. However, these benchmarks include strict criteria to ensure that such investments contribute to the transition to a low-carbon economy and are aligned with long-term 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 throughout the value chain (e.g., 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). These frameworks encourage comprehensive reporting of all emissions sources.ESG Reference: Chapter 3, Page 133 - Environmental Factors in the ESG textbook.

Reporting in the ESG textbook.

TheKigali Amendment to the Montreal Protocol(adopted in 2016) is alegally binding international agreementthat aims to phase down the production and consumption ofhydrofluorocarbons (HFCs)—potent greenhouse gases used in refrigeration and air conditioning. Unlike theMontreal Protocol, which focused on ozone-depleting substances, the Kigali Amendment directly addresses climate change by reducing HFC emissions.

The Nagoya Protocol (A) deals with biodiversity and genetic resources, while the Basel Convention (B) regulates hazardous waste.

References:

UNEP (United Nations Environment Programme) Kigali Amendment Overview

Montreal Protocol Official Documents

UNFCCC Reports on HFC Phase-Out

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Theclimate change transition(e.g., shift from fossil fuels to renewable energy) often results injob losses, reskilling needs, and economic displacement for workers.

Pollution (A) and water scarcity (B) affect public health but do not directly impact worker employment as much as climate policy shifts.

References:

UNFCCC Just Transition & Labor Market Report

International Labour Organization (ILO) Climate Workforce Report

CFA Institute ESG Social Risks Framework

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