Download GARP : SCR Fragen & Antworten als PDF & Test Software

Senior management at a global manufacturer of commercial flooring explores strategies to reduce capital costs and improve company valuation, resulting in a comprehensive sustainability strategy. Management determines all future flooring products will be carbon neutral across their full product life cycle. The risk team is tasked with updating the company ERM framework in accordance with COSO guidelines to include ESG and climate-related risks. The team reviews and updates each of the ERM components.
What action should the team recommend the company take as part of the communication component of the ERM framework?

• A. Build climate risk into existing legal and compliance processes.
• B. Establish processes to convey climate and sustainability risk exposure.
• C. Assess the relative importance of various climate risk and sustainability risk drivers.
• D. Determine which transmission channel of climate risk drivers is most relevant for the company.

A company reduces water usage and increases usage of more expensive resources after regulations become more stringent. This most likely impacts:

• A. operating expenditure
• B. revenues
• C. provisions

A European commercial bank recently became a signatory to the UNEP FI PRB. To fulfill PRB commitments, the bank CRO emphasizes the need to holistically integrate ESG considerations into lending decisions to reduce long-term risk exposure. Which of the following strategies will the bank most likely adopt going forward?

• A. Integrate ESG risk assessments into credit evaluations for corporate clients.
• B. Launch a public relations campaign to highlight bank ESG initiatives.
• C. Expand bank green loan offerings to companies in the renewable energy sector.
• D. Assess social and governance risks prior to lending to high-yield industries.

A prominent housing developer plans construction of a small low-carbon-emitting city in an equatorial nation.
The developer plans to maximize renewable energy use and estimates daily city summer solar energy generation capacity and load (total electricity demand), in megawatts (MW):

The developer estimates the following for capacity and load:
At 14:00 solar generation is highest at 720 MW
At 20:00 solar generation decreases to 0 MW
At 20:00 load is highest at 980 MW
At 4:00 load is lowest at 380 MW
How should the developer meet additional energy demand while achieving the lowest-carbon-emission goal option?

• A. Install 750 MW of natural gas energy generation with 250 MW of energy efficiency measures.
• B. Increase solar capacity by 200 MW and install 800 MW of wind energy.
• C. Increase solar capacity by 800 MW and install 200 MW of battery storage.
• D. Install 750 MW of coal energy generation with an additional 250 MW of intermittent renewable energy.

The risk team for a multinational company, that operates and franchises hotel and timeshare properties, prepares talking points for an upcoming business continuity plan meeting. A key area for discussion are the risks that can impact the company's financial and reputational stability. The team recommends the company conduct climate-related scenario analysis and provides examples of scenarios and their use.
Which of the following is correct for the team to include as part of the talking points?

• A. Scenario analysis should use a limited set of assumptions and constraints to reduce the risk of generalized scenario results.
• B. A company can internally develop its models and scenarios or make use of existing publicly available scenarios.
• C. Scenario analysis allows a company to better understand its past performance by conducting a lookback analysis.
• D. A company conducting scenario analysis should focus on either physical or transition risks to avoid inconsistent outcomes.