CSR Climate Change and Carbon Management

Question 1

Which framework categorizes corporate greenhouse gas emissions into Scope 1, Scope 2, and Scope 3?

Accepted Answer

The Greenhouse Gas Protocol Corporate Standard

Answer

The Greenhouse Gas Protocol Corporate Standard, developed by WRI and WBCSD, established the Scope 1, 2, and 3 framework used globally to categorize and measure corporate emissions.

Question 2

What are Scope 3 emissions in corporate carbon accounting?

Accepted Answer

All other indirect emissions in a company's value chain

Answer

Scope 3 emissions encompass all indirect emissions across a company's entire value chain, including upstream supplier activities and downstream product use and disposal.

Question 3

Under the Paris Agreement, what is the primary long-term temperature goal?

Accepted Answer

Limit warming to well below 2°C, pursuing efforts to limit to 1.5°C

Answer

The Paris Agreement's central aim is to limit global average temperature increase to well below 2°C above pre-industrial levels, while pursuing efforts to limit the increase to 1.5°C.

Question 4

What is the key distinction between 'carbon neutral' and 'net zero'?

Accepted Answer

Net zero typically requires deeper absolute emissions reductions before using offsets; carbon neutral can rely more heavily on offsets

Answer

Net zero generally requires companies to first achieve substantial absolute emissions reductions across all scopes, with limited use of high-quality offsets, whereas carbon neutral status can be achieved more readily through purchasing offsets.

Question 5

What does a Science Based Target (SBT) require of a company's emissions reduction goals?

Accepted Answer

Aligning emission reduction targets with what climate science says is needed to meet Paris Agreement goals

Answer

Science Based Targets require that corporate emissions reduction goals be aligned with the level of decarbonization needed to keep global warming within Paris Agreement thresholds, validated by the SBTi.

CSR - Corporate Social Responsibility Practice Test

CSR - Corporate Social Responsibility Practice Test

CSR Climate Change and Carbon Management