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Question 24

A West African energy company plans to expand beyond regional operations to markets throughout the continent. Executive leadership determines integrating SDGs into operations can help the company appeal to new consumers and political decision makers. The company CSO develops a strategy to promote the SDGs to external stakeholders.

What should the strategy include?

    Correct Answer: C

    Integrating SDGs into the company's operations and promoting them effectively to external stakeholders requires a clear measurement of progress. Quantifying each SDG target allows the company to track their achievements and demonstrate their commitment to sustainable practices. This approach provides tangible evidence of their efforts, which can appeal to new consumers and political decision makers, showing that the company is genuinely aligned with global sustainability goals.

Discussion
StudyGuruESGOption: B

How about (b) Disclosure of the SDG alignment to investors to allow comparability among peers.?

Karnitschnig

Disclosing your own SDG alignment doesn't allow for comparability if other companies aren't also doing it

Anil_SUPER_STAROption: B

Seems B Understanding SDG alignment has also become increasingly important and relevant for financial institutions analyzing corporate performance. It is now a lens used to screen companies and analyze entire investment portfolios. As an example, MSCI, an investment data company, offers an SDG Alignment Tool that covers 8,600 companies in a way that measures a “holistic overview of [a company’s] net contribution to the UN SDGs”. In parallel, using SDG alignment allows for an easy way to present outcomes and priorities to investors in a way that is cross-comparable between financial firms

Anil_SUPER_STAR

In parallel, using SDG alignment allows for an easy way to present outcomes and priorities to investors in a way that is cross-comparable between financial firms.

MatMat2023Option: C

C is correct. The SDGs aim to promote the company to consumers and political decision makers not investors.