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06 Apr 2021, 08:35
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Bookmarks
STEP 1: Read The Economist Article Flexibility is the new great workplace divide
Sustainable investing is in the firing line, as two recent events have shown. Last week, the board of Danone, a French food-maker, fired its boss, Emmanuel Faber, who had long championed the benefits of stakeholder capitalism and sustainability. Shareholders were unhappy with the firm’s languishing share price....... read the full article on Economist.com - registration is required for limited Free Access. You can also get Full Access to The Economist Magazine as a part of the The Economist GMAT Tutor Course
Article Length: 678 words
Time Limit: 8 mins for reading
Total Time: 11 mins (8 mins for reading + 3 mins for questions)
STEP 2: Attempt the questions
Attempt the questions and post your responses by Friday 8 am Pacific Time. We will be keeping this thread in competition mode so no one can see others users’ responses. Good Luck!
Question #1. Do the successes claimed by the CA100+ contradict Tariq Fancy's claims? If so, in what way? If not, why not?
Question #2. List three pieces of evidence presented by The Economist to show that the CA100+ has had an effect and give a one-sentence explanation of why each supports The Economist’s claim. Explain why The Economist describes this effect as "modest".
Question #3. Suggest an INCORRECT title for the passage. Design the title so that it is as similar as possible to comparable incorrect answers in GMAT Reading Comprehension questions. Explain why the suggested title is incorrect.
STEP 3: Check Main Economist Reading Challenge Topic for weekly winners and to Find More Questions and Articles to Read
Step 4: Ace the RC section on the GMAT!
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HoneyLemon
08 Apr 2021, 06:13
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STEP 1: Read The full article: The impact of green investors
Question #1. Do the successes claimed by the CA100+ contradict Tariq Fancy's claims? If so, in what way? If not, why not?
No . As per Tariq Fancy's claims , the organization puts climate change at the centre of its investment strategy. Mr Fancy called investing that takes into account esg (environmental, social and governance) factors “little more than marketing hype, pr spin and disingenuous promises”. He pointed to esg funds which invest in big polluters, such as oil firms.
This is the thinking behind Climate Action 100+ (ca100+), a global investor-engagement group, as well.
Question #2. List three pieces of evidence presented by The Economist to show that the CA100+ has had an effect and give a one-sentence explanation of why each supports The Economist’s claim. Explain why The Economist describes this effect as "modest".
-About 30% of ca100+ firms have joined the sbti, compared to around 25% in 'Economist' portfolio.
-And roughly 40% of ca100+ firms have signed up for tcfd, compared to about 30% in the control group by 'Economist'
-In both groups, the firms that set a green goal tend to be the small polluters.
As per 'Economist ' ,CA100+ , $50trn-worth of investor, pressing does not seem to result in much change backed by above stats and that is why
The Economist describes this effect as "modest"
Question #3. Suggest an INCORRECT title for the passage. Design the title so that it is as similar as possible to comparable incorrect answers in GMAT Reading Comprehension questions. Explain why the suggested title is incorrect.
-- CA100+ and Green investors engagement : Just a show off drama to the world .
Its incorrect since it used a bit of extreme word in the negative sense of not producing the effect by CA100+ and Green investors engagement. Rather the effect is there and that is only modest according to author.
Question #1. Do the successes claimed by the CA100+ contradict Tariq Fancy's claims? If so, in what way? If not, why not?
No . As per Tariq Fancy's claims , the organization puts climate change at the centre of its investment strategy. Mr Fancy called investing that takes into account esg (environmental, social and governance) factors “little more than marketing hype, pr spin and disingenuous promises”. He pointed to esg funds which invest in big polluters, such as oil firms.
This is the thinking behind Climate Action 100+ (ca100+), a global investor-engagement group, as well.
Question #2. List three pieces of evidence presented by The Economist to show that the CA100+ has had an effect and give a one-sentence explanation of why each supports The Economist’s claim. Explain why The Economist describes this effect as "modest".
-About 30% of ca100+ firms have joined the sbti, compared to around 25% in 'Economist' portfolio.
-And roughly 40% of ca100+ firms have signed up for tcfd, compared to about 30% in the control group by 'Economist'
-In both groups, the firms that set a green goal tend to be the small polluters.
As per 'Economist ' ,CA100+ , $50trn-worth of investor, pressing does not seem to result in much change backed by above stats and that is why
The Economist describes this effect as "modest"
Question #3. Suggest an INCORRECT title for the passage. Design the title so that it is as similar as possible to comparable incorrect answers in GMAT Reading Comprehension questions. Explain why the suggested title is incorrect.
-- CA100+ and Green investors engagement : Just a show off drama to the world .
Its incorrect since it used a bit of extreme word in the negative sense of not producing the effect by CA100+ and Green investors engagement. Rather the effect is there and that is only modest according to author.
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