Which of the following is considered as part of ESG?
A . bribery, corruption and the environment
B . market conditions and product lifecycle
C . liquidity, gearing and profitability
D . economic and social governance
Answer: B
Explanation:
The correct answer is bribery, corruption and the environment.
ESG stands for environmental and social governance. It’s the new buzzword for CIPS and is basically everything to do with ethical procurement- so areas such as bribery and corruption are included as well as the environment.
Option 4 is incorrect as economic doesn’t come into it.
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