开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

133****6699 · 2025年05月25日

解释一下各个选项

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).

不太理解这道题,能否通俗易懂的解释一下各个选项和题干的联系?

1 个答案

净净_品职助教 · 2025年05月26日

嗨,爱思考的PZer你好:


题干:当应用排除性(Exclusionary)的 ESG 投资策略时,投资者最有可能做的是什么?

也就是说:投资者在用“排除法”做 ESG 投资的时候,最有可能采取哪种做法?

选项 A:排除意识形态标准 错误

“排除意识形态标准”不符合实际,因为很多排除策略本来就是基于意识形态或宗教道德观

比如:

  • 一个穆斯林投资者不投卖猪肉的公司,不管财务影响大不大。
  • 有些环保基金会不投煤炭公司,哪怕它很赚钱。

所以,排除性 ESG 本来就是“可能带有主观标准”的,并不会故意避开意识形态标准,而是经常考虑这类标准。

选项 B:考虑不是财务上重要的 ESG 因素 正确

很多排除性策略会考虑一些不是财务上重要(material)的 ESG 因素。

“财务上重要”意思是:会影响公司业绩的因素。但排除法有时候更注重价值观或道德立场,比如:

  • 公司 99% 收入都不是猪肉,但只要 1% 涉及猪肉,就被排除。
  • 公司虽然卖武器只占收入很小一部分,但还是会被“和平型基金”排除。

这就是题干说的:“投资者最可能”做的,就是 B 说的这种事。

选项 C:只关注财务上重要的 ESG 因素 错误

这个说法适合“财务驱动型 ESG 投资”,不适合“排除性投资”。

排除法有点像“有原则就不投”,不一定考虑这个因素赚不赚钱

举例:

  • 投资者不投香烟公司,不是因为财务不好,而是因为不道德。
  • 投资者不投化石能源公司,即使它短期利润很好。

所以选 C 就是误把“财务分析驱动”当成了“排除法”,理解方向错了。

----------------------------------------------
加油吧,让我们一起遇见更好的自己!

  • 1

    回答
  • 0

    关注
  • 4

    浏览
相关问题

NO.PZ2024021801000033问题如下When applying exclusionary ESG investing strategy, investors are most likely to:A.exclu iologiccriteria when selecting ESG factors.B.consir ESG factors thare not necessarily financially material.C.focus exclusively on ESG factors thare materiin terms of likelihooanimpact. Incorrebecause the criteria usefor selecting ESG factors are subjective ancrefleiologicor politicviewpoints. Furthermore, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Correbecause some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Incorrebecause materiality is typically measurein terms of both the likelihooanmagnitu of impact. Note thwhile many practitioners focus exclusively on materiESG factors, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues). B是可能发生,C是不是更有可能发生,为什么不选C?

2025-01-24 08:04 1 · 回答

NO.PZ2024021801000033问题如下When applying exclusionary ESG investing strategy, investors are most likely to:A.exclu iologiccriteria when selecting ESG factors.B.consir ESG factors thare not necessarily financially material.C.focus exclusively on ESG factors thare materiin terms of likelihooanimpact. Incorrebecause the criteria usefor selecting ESG factors are subjective ancrefleiologicor politicviewpoints. Furthermore, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Correbecause some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Incorrebecause materiality is typically measurein terms of both the likelihooanmagnitu of impact. Note thwhile many practitioners focus exclusively on materiESG factors, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues). C 解析是错的吧?c提到财务性了?没有吧

2024-11-20 21:34 1 · 回答

NO.PZ2024021801000033问题如下When applying exclusionary ESG investing strategy, investors are most likely to:A.exclu iologiccriteria when selecting ESG factors.B.consir ESG factors thare not necessarily financially material.C.focus exclusively on ESG factors thare materiin terms of likelihooanimpact. Incorrebecause the criteria usefor selecting ESG factors are subjective ancrefleiologicor politicviewpoints. Furthermore, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Correbecause some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Incorrebecause materiality is typically measurein terms of both the likelihooanmagnitu of impact. Note thwhile many practitioners focus exclusively on materiESG factors, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues). 针对题干,想理解下A和C详细错误点

2024-11-10 04:52 3 · 回答

NO.PZ2024021801000033 问题如下 When applying exclusionary ESG investing strategy, investors are most likely to: A.exclu iologiccriteria when selecting ESG factors. B.consir ESG factors thare not necessarily financially material. C.focus exclusively on ESG factors thare materiin terms of likelihooanimpact. Incorrebecause the criteria usefor selecting ESG factors are subjective ancrefleiologicor politicviewpoints. Furthermore, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Correbecause some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues).Incorrebecause materiality is typically measurein terms of both the likelihooanmagnitu of impact. Note thwhile many practitioners focus exclusively on materiESG factors, some exclusionary investing strategies must also consir factors thare not necessarily financially materi(e.g., exclusion of companies thsell pork-baseprocts certain religious investors even if those procts account for a small percentage of revenues). C为什么错了?这个问题角度好奇怪

2024-08-07 15:52 1 · 回答