ESG Basics
What does ESG stand for?
Environmental, Social, Governance
What is the certification called that verifies products, like coffee or chocolate, are produced ethically and sustainably, ensuring fair wages and safe conditions for workers?
Fair Trade Certification
What type of renewable energy uses panels to convert sunlight into electricity?
Solar energy
What is the name of the practice where companies work to improve their environmental impact by reducing their carbon emissions?
Carbon Footprint Reduction
What is the process of separating materials like paper, plastic, and glass to be reused instead of being sent to a landfill?
Recycling
What is the primary goal of ESG criteria when applied to business decision-making?
To assess a company's sustainability and ethical impact in environmental, social, and governance areas.
What is the business model called where companies aim to reuse materials in a closed loop, designing out waste and keeping products in use for as long as possible?
Circular economy
What type of vehicle reduces emissions by combining an electric motor with a traditional internal combustion engine?
Hybrid vehicle
What is it called when a company donates a portion of its profits to charitable causes, supports community programs, or provides grants to non-profit organizations?
Corporate philanthropy
What is the term for products that break down naturally in the environment, unlike plastics, which can take hundreds of years to decompose?
Biodegradable
Name one environmental factor that companies are evaluated on in ESG reporting.
Examples: carbon emissions, energy efficiency, waste management, water usage, etc.
What is a "circular economy" in the context of sustainable business?
An economic system aimed at eliminating waste and the continual use of resources through reuse, recycling, and sustainable design.
What is the process of capturing and storing carbon dioxide emissions from sources like power plants called?
Carbon capture and storage (CCS)
What practice involves businesses sourcing products and services in a way that benefits the local economy, workers, and environment?
What is the practice of reducing waste by repairing or repurposing old or broken items instead of buying new ones?
Upcycling
ESG is often considered alongside what other financial performance measure that evaluates a company's long-term profitability and risk management?
Return on Investment (ROI)
What certification is awarded to businesses that meet high standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose?
B Corp certification
What innovation involves generating energy from heat stored beneath the Earth's surface?
Geothermal energy
Which global initiative, launched by the United Nations, encourages businesses to adopt sustainable and socially responsible policies based on 10 principles in areas such as human rights, labor, and anti-corruption?
Which energy-efficient certification is awarded to household appliances, such as refrigerators and washing machines, that use less energy and water?
Energy Star Certification
Which international framework helps guide companies in reporting their ESG-related impacts in a transparent and standardized way?
Global Reporting Initiative (GRI)
Which company, known for its outdoor apparel, is famous for its "Don't Buy This Jacket" campaign to promote sustainable consumption?
Patagonia
What innovative technology mimics natural ecosystems to create self-sustaining urban food systems, combining aquaculture and hydroponics?
Aquaphonics
What is the term for a company's efforts to ensure that its operations and products do not negatively impact human rights, often involving third-party certifications or assessments?
Human Rights Due Diligence
What is the term for designing products and technologies by mimicking nature, and can you give an example of it being applied in real life?
Biomimicry; examples include mushroom leather, sharkskin-inspired swimsuits, or Velcro (inspired by burrs)