NO.PZ2024021801000033
问题如下：
When applying an exclusionary ESG investing strategy, investors are most likely to:选项：
A.exclude ideological criteria when selecting ESG factors.
B.consider ESG factors that are not necessarily financially material.
C.focus exclusively on ESG factors that are material in terms of likelihood and impact.
解释：
A. Incorrect because the criteria used for selecting ESG factors are subjective and can reflect ideological or political viewpoints. Furthermore, some exclusionary investing strategies must also consider factors that are not necessarily financially material (e.g., exclusion of companies that sell pork-based products by certain religious investors even if those products account for a small percentage of revenues).
B. Correct because some exclusionary investing strategies must also consider factors that are not necessarily financially material (e.g., exclusion of companies that sell pork-based products by certain religious investors even if those products account for a small percentage of revenues).
C. Incorrect because materiality is typically measured in terms of both the likelihood and magnitude of impact. Note that while many practitioners focus exclusively on material ESG factors, some exclusionary investing strategies must also consider factors that are not necessarily financially material (e.g., exclusion of companies that sell pork-based products by certain religious investors even if those products account for a small percentage of revenues).
请问出处在哪里 虽然理解了 但觉得还是模棱两可
