Sustainability and Climate Risk (SCR) — Question 18
A West African energy company plans to expand beyond regional operations to markets throughout the continent. Executive leadership determines integrating SDGs into operations can help the company appeal to new consumers and political decision makers. The company CSO develops a strategy to promote the SDGs to external stakeholders.
What should the strategy include?
Answer options
- A. Calculation of the economic benefits of an SDG before applying a strategy.
- B. Disclosure of the SDG alignment to investors to allow comparability among peers.
- C. Quantification of each SDG target to measure progress.
- D. Prioritization of SDGs that incorporate nature-based solutions.
Correct answer: C
Explanation
The correct answer is C because quantifying each SDG target allows the company to measure its progress effectively, ensuring accountability and transparency. Options A and B focus on economic benefits and investor disclosure, which, while important, do not directly measure the implementation of SDGs. Option D, while relevant, does not encompass the broader necessity of quantifying all SDG targets.