What is the primary goal of the GARP Sustainability and Climate Risk (SCR) exam?

The primary goal of the GARP Sustainability and Climate Risk (SCR) exam is to assess knowledge of sustainability and climate risks. This exam is designed for professionals to demonstrate their understanding of how sustainability issues and climate change impact financial markets, corporate governance, and risk management. Participants are expected to be familiar with various frameworks, tools, and approaches that relate to identifying, measuring, and mitigating climate-related risks and integrating sustainability into the decision-making processes of organizations.

Understanding sustainability and climate risk is crucial for professionals in finance and risk management to navigate the increasingly complex environmental landscape and align with global efforts to finance sustainable development. Through this exam, candidates showcase their preparedness to address these challenges effectively and help organizations become more resilient in the face of climate fluctuations and regulatory changes.

The other options, while they might be related to aspects of sustainability or financial analysis, do not capture the core focus of the SCR exam, which is fundamentally about equipping professionals with the necessary knowledge to understand and manage sustainability and climate risks specifically.