As a GARP training expert, I can provide you with the necessary information to pass the GARP SCR Sustainability and Climate Risk exam. This exam is designed to test your understanding of climate risk and sustainability topics. It covers various areas, including the physical risks associated with climate change, the transition risks that arise as the world moves towards a low-carbon economy, and the governance and disclosure requirements that organizations face.
Exam Objectives:
The primary objective of the GARP SCR exam is to evaluate the candidate's knowledge and understanding of the following areas:
- Understanding the physical risks associated with climate change
- Understanding the transition risks that arise as the world moves towards a low-carbon economy
- Understanding the governance and disclosure requirements that organizations face
- Understanding the impact of climate risk on investment decisions
- Understanding the key risk management techniques for managing climate risk
The GARP SCR exam is suitable for individuals who are involved in risk management, sustainability, or environmental management roles. Candidates should have a basic understanding of risk management principles and practices and should be familiar with sustainability and climate change topics.
Exam Details:
The GARP SCR exam is a computer-based exam that is delivered through the Pearson VUE testing center. The exam consists of 80 multiple-choice questions that must be completed in 2 hours and 30 minutes. The passing mark for the exam is 60%, and the cost of the exam is $400 for GARP members and $500 for non-members.
Related Books:
There are several books that candidates can use to prepare for the GARP SCR exam. These include:
- "Sustainable Investing: The Art of Long-Term Performance" by Cary Krosinsky and Nick Robins
- "Climate Change and Financial Risk" by Jo Paisley and Stefan Schaltegger
- "The Handbook of Corporate Sustainability: Frameworks, Strategies, and Tools" edited by Mark J. Epstein and Adriana Rejc Buhovac
- "The Carbon Bubble: What Happens to Us When It Bursts?" by Jeff Rubin
- "The Resilient Investor: A Plan for Your Life, Not Just Your Money" by Hal Brill, Michael Kramer, and Christopher Peck
These books provide candidates with an in-depth understanding of sustainability and climate risk topics, which can help them prepare for the exam. Additionally, GARP offers a study guide and practice exams to help candidates prepare for the exam.
In conclusion, passing the GARP SCR exam requires a solid understanding of sustainability and climate risk topics. Candidates can prepare for the exam by studying the exam objectives, using the recommended books, and taking advantage of the study guide and practice exams offered by GARP.