What it is
GARP's Sustainability and Climate Risk (SCR) Certificate is a professional credential covering climate science, sustainability frameworks, green and sustainable finance, climate risk measurement, and net-zero transition planning. The program spans eight topic areas designed for finance and risk professionals moving into climate roles. Launched in 2020 by the Global Association of Risk Professionals.
Why we picked this
GARP is the organization behind the FRM (Financial Risk Manager) certification, one of the most respected credentials in finance. The SCR Certificate brings that same rigor to climate risk, making it particularly credible for professionals in banking, insurance, and asset management who need to demonstrate climate competency to employers and regulators.
Key takeaways
- The SCR covers both physical climate risk (extreme weather, sea level rise) and transition risk (policy, technology, market), providing a complete risk framework.
- GARP's risk management pedigree means the SCR curriculum emphasizes quantitative climate risk modeling, scenario analysis, and stress testing.
- The certificate is increasingly requested by banks and insurers implementing climate risk frameworks aligned with Basel Committee and TCFD recommendations.