UPSC Exam  >  UPSC Questions  >  With reference to the Environmental-Social-Go... Start Learning for Free
With reference to the Environmental-Social-Governance (ESG), consider the following statements:
  1. It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating.
  2. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the Environmental-Social-Governance (ESG), consider ...
Indian Institute of Corporate Affairs, an autonomous institution under the aegis of the Ministry of Corporate Affairs, Government of India recently launched a programme to create 'impact leaders' in the areas of Environmental-Social-Governance (ESG).
  • ESG (Environmental, social, and corporate governance) is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating.
  • Broadly the ESG can be categorised as:
    • Environmental aspect: Data is reported on climate change, greenhouse gas emissions, biodiversity loss, deforestation, pollution, energy efficiency and water management.
    • Social aspect: Data is reported on employee safety and health, working conditions, diversity, equity, and inclusion, conflicts and humanitarian crises and is relevant in risk and return assessments directly through results in enhancing (or destroying) customer satisfaction and employee engagement.
    • Governance aspect: Data is reported on corporate governance such as preventing bribery, corruption, diversity of Board of Directors, executive compensation, cybersecurity and privacy practices, management structure, executive pay, diversity in leadership, manner in which the leadership responds to and interacts with shareholders, audits, internal controls, and shareholder rights.
ESG in India:
  • ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.
  • With effect from the financial year 2022-2023, filing of Business Responsibility and Sustainability Report (BRSR) has been made mandatory for the top 1000 listed companies (by market capitalization) and has replaced the existing Business Responsibility Reporting ("BRR").
Hence both statements are correct.
Explore Courses for UPSC exam

Top Courses for UPSC

With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Solutions for With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?, a detailed solution for With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice With reference to the Environmental-Social-Governance (ESG), consider the following statements: It is a term that has been coined to refer to specific data designed to be used by investors for evaluating the material risk that the organization is taking on based on the externalities it is generating. ESG reporting in India commenced in 2009 with the Ministry of Corporate Affairs (MCA) issuing the Voluntary Guidelines on Corporate Social Responsibility.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev