CSR CSR Strategy and Implementation 2

Question 1

What does 'CSR due diligence' involve?

Accepted Answer

Assessing and addressing potential negative social and environmental impacts of business decisions

Answer

CSR due diligence involves systematically identifying, assessing, and mitigating potential negative impacts on people and the environment before and during business decisions.

Question 2

What is a 'CSR baseline assessment'?

Accepted Answer

An initial evaluation of a company's current social and environmental performance

Answer

A CSR baseline assessment measures where a company currently stands on social and environmental issues before setting improvement targets and strategies.

Question 3

Which element is most critical when setting CSR KPIs?

Accepted Answer

Ensuring they are specific, measurable, and tied to business strategy

Answer

Effective CSR KPIs must be specific, measurable, achievable, relevant, and time-bound (SMART) and clearly aligned with the company's overall business strategy.

Question 4

What is the role of a Chief Sustainability Officer (CSO)?

Accepted Answer

Leading and integrating sustainability strategy across all business functions

Answer

A CSO leads the development and implementation of the company's sustainability strategy, integrating it across all functions to embed CSR into core business operations.

Question 5

Which of the following is an example of 'CSR integration' in product development?

Accepted Answer

Designing products with reduced environmental impact from the outset

Answer

True CSR integration in product development means considering social and environmental impacts during the design phase, not retrofitting them after the product exists.

CSR - Corporate Social Responsibility Practice Test

CSR - Corporate Social Responsibility Practice Test

CSR CSR Strategy and Implementation 2