Practice Test Geeks(CEP) Certified Environmental, Social, and Governance (ESG) Planner Practice Test
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Social Impact & Stakeholder Engagement Flashcards

7 cards from real CEP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Social Impact & Stakeholder Engagement flashcards as text

  1. Which framework is most commonly used to quantify social value created relative to investment in ESG programs?

    Answer: Social Return on Investment (SROI)

    SROI assigns monetary values to social outcomes, allowing organizations to calculate the ratio of social value generated per dollar invested.

  2. A company is planning a new facility in a low-income community. Which stakeholder engagement approach best reflects the principle of 'Free, Prior, and Informed Consent' (FPIC)?

    Answer: Consulting affected residents before finalizing project plans

    FPIC requires that communities receive full information and provide genuine consent before projects proceed, not after decisions are finalized.

  3. What does a 'materiality assessment' help an organization determine in the context of social impact?

    Answer: Which ESG issues are most significant to stakeholders and business performance

    A materiality assessment identifies and prioritizes ESG topics based on their significance to both stakeholders and the organization's financial performance.

  4. Which of the following best describes 'stakeholder salience'?

    Answer: The degree to which managers prioritize stakeholder claims based on power, legitimacy, and urgency

    Mitchell, Agle, and Wood's salience model ranks stakeholders by the combination of power, legitimacy, and urgency they possess.

  5. An ESG planner wants to measure the social impact of a workforce training program. Which metric is MOST appropriate?

    Answer: Increase in participants' average wages six months post-training

    Wage increases for participants six months after training is an outcome metric that directly reflects improved economic well-being, which is the intended social impact.

  6. Which UN document provides the most widely referenced global framework for linking corporate ESG activities to societal goals?

    Answer: The UN Sustainable Development Goals (SDGs)

    The 17 SDGs provide a universally adopted framework that companies use to align and communicate their ESG contributions to global development priorities.

  7. A CEP practitioner is conducting a human rights due diligence process. Which step should come FIRST?

    Answer: Identify and assess actual and potential human rights impacts

    The UN Guiding Principles on Business and Human Rights specify that identification and assessment of impacts is the foundational first step before remediation or reporting.