Chapter 8

Question 1

Two stages of achieving net zero

Answer 1

1. Remove almost all emissions in the value chain
2. Offset the remaining emissions with carbon removal.

Question 2

Paris Agreement formulation regarding temperature

Answer 2

Hold the increase in global avg temp to well below 2C above pre-industrial levels” and pursue “efforts to limit the temperature increase to 1.5C”.

Question 3

Production-based accounting method

Answer 3

When country’s emission are the ones directly arising within its geographic boundaries

Question 4

Consumption-based GHG accounting method

Answer 4

GHG emissions are measured that arise from producing all goods and services CONSUMED in that country, not produced

Question 5

3 scopes of sub-national GHG emissions accounting

Answer 5

Scope 1 - GHG emissions from sources located within the city boundary

2 - GHG emissions resulting from use of grid-supplied electricity, heat, steam, cooling within city

3 - All other GHG outside city boundary as a result of activities within the city boundary

Question 6

portfolio alignment tools

Answer 6

set of tools fin. instit. can use to analyze portfolio & set investment targets

Question 7

5 important frameworkd for disclosing sus related financial info

Answer 7

1. TCFD
2. Sustainability Accounting Standards Board SASB
3. ISSB - International Sustainability Standards Board
4. GRI - Global Reporting Initiative
5. Corporate Sustainability Reporting Directive (in EU)

Question 8

Double materiality

Answer 8

Reporting not only on activities / risks material to the company’s value, turnover, income, but also on the activities that are material to society and environment