The Guardian Article on Black Rock

Beschreibung

Questions on the Guardian Article of April 12 https://www.theguardian.com/business/2020/apr/12/blackrock-eu-environmental-rules-for-banks
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Zusammenfassung der Ressource

Frage 1

Frage
What is "Black Rock"?
Antworten
  • An investor in banks
  • An international bank
  • A large oil company

Frage 2

Frage
Black Rock has been hired by the European Union to...
Antworten
  • Invest money in the European Union banks
  • block progress on environmental issues
  • advise the EU on adopting environmental rules for banks

Frage 3

Frage
ESG factors are
Antworten
  • Economical, Social and General factors
  • Environmental, Social and Governance (ESG) factors
  • Eastern Society Group factors

Frage 4

Frage
The EU had to choose Black Rock because there was no other candidate
Antworten
  • True
  • False

Frage 5

Frage
This article mentions concerns and worries about
Antworten
  • a possible conflict of interest
  • a potential disagreement between shareholders
  • future hazardous investments

Frage 6

Frage
like letting the fox guard the henhouse (l.20) means that...
Antworten
  • Black Rock is the most dangerous actor possible in an environmental counselling group
  • Black Rock will be a good guard for Europe
  • Black Rock was the best possible candidate to make recommendations on ESG factors

Frage 7

Frage
Black Rock is also a big investor in the industry of arms
Antworten
  • True
  • False

Frage 8

Frage
Who says that “We are baffled* as to why the European commission didn’t think there would be a massive conflict of interest with this choice.”
Antworten
  • A European commission spokesman
  • a climate and energy campaigner

Frage 9

Frage
Black Rock will advise the European commission for free
Antworten
  • True
  • False

Frage 10

Frage
If European banking regulators decide to have less strict regulations
Antworten
  • It could benefit unethical companies
  • it could be the effect of Black Rock conflict of interest
  • It could have a good effect on the environment

Frage 11

Frage
Black Rock is in fact not worse than any other investment company in terms of environmental issues
Antworten
  • True
  • False

Frage 12

Frage
Black Rock has recently made a few efforts to appear greener
Antworten
  • True
  • False

Frage 13

Frage
the Guardian has interviewed someone from the European Commission who admitted there was a conflict of interest
Antworten
  • True
  • False

Frage 14

Frage
This article:
Antworten
  • denounces a conflict of interest in the choice of Black Rock as an advisor for the European banking rules
  • defends the eligibility of Black Rock as a contributor to the environmental, social and governance (ESG) factors into the European banking supervision.
  • shows that the European commission will now invest only in sustainable companies
  • is concerned about the possible influence by a ruthless investment company on the future banking decisions of the EU
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