Certified Environmental Social and Governance Analyst (CESGA) EFFAS Practice Test

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Prepare for the CESGA EFFAS Exam with comprehensive quizzes and study materials. Master Environmental, Social, and Governance analysis with practice questions and detailed explanations to ensure you're ready for success.

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Between 2006 and 2021, what was the approximate growth of UN PRI signatories?

  1. 100 to 9000

  2. 100 to 3000

  3. 0 to 100

  4. 50 to 1000

The correct answer is: 100 to 3000

The approximate growth of UN Principles for Responsible Investment (UN PRI) signatories between 2006 and 2021 reflects a significant increase in interest among investors in incorporating environmental, social, and governance (ESG) principles into their investment strategies. The correct choice indicates that the number of signatories grew from about 100 in 2006 to around 3,000 by 2021. This exponential growth highlights a broader shift in the investment landscape, where the importance of responsible investing has gained traction, especially in light of increasing awareness of sustainability challenges and the need for long-term thinking in investments. This trend is driven by various factors, including investor demand for sustainable practices, regulatory developments, and a growing body of evidence showing that ESG factors can impact financial performance. In contrast, the other choices present figures that do not accurately reflect the actual growth during this period. The number mentioned in choice A suggests an unrealistic growth trajectory that exceeds the historical data, while the figures in choices C and D imply a much lower level of interest and adoption within the investment community than what was actually observed over the specified years. This context underscores the accuracy of the estimated growth noted in the correct response.