Explain the concept of environmental sustainability

§ Explain the concept of
environmental sustainability.
§ What actions might a business
take to improve its perceived
environmental sustainability and
how would it track and report its
actions.
§ Explain transition risk in respect
of climate change risk and
discuss why it is important for a
bank to measure and manage
transition risk. How might it do
this?
Guidance

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Week 10
Question 2
a) Explain the concept of ESG
and how it relates to
environmental sustainability.
b) Which group of stakeholders
does a sustainability report aim
to communicate to and what
measures and metrics are
typically reported?
c) Explain the four theories of risk
communication and explain
how the essential elements of
a good risk communication
strategy can assist in reducing
adverse outcomes from an
unexpected event.
Guidance
a) Refer Q1. ESG is a set of standards for a company’s
operations that socially conscious investors use to
screen investments. Environment sustainability is one of
the components of ESG.
b) All stakeholders. Metrics vary widely but are increasingly

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Week 10