Which organization is responsible for establishing the SCR certification?

Prepare for the GARP Sustainability and Climate Risk Exam. Study with flashcards and multiple choice questions, each question includes hints and explanations. Gear up for success with our materials!

The Global Association of Risk Professionals (GARP) is the organization that established the Sustainability and Climate Risk (SCR) certification. GARP focuses on promoting the study and practice of risk management, which now encompasses the critical areas of sustainability and climate risk due to the increasing importance of these issues in global finance and business operations. The SCR certification aims to equip professionals with the necessary knowledge and skills to address climate-related risks effectively, aligning with GARP's mission to foster effective risk management in all sectors.

The other organizations mentioned do play significant roles in environmental and financial areas, yet none are directly responsible for the other certifications in sustainability and climate risk as GARP is. The World Bank and the International Finance Corporation primarily focus on funding and supporting development initiatives but do not specifically provide this certification. The Environmental Protection Agency is involved in regulation and policy regarding environmental protection but is not a certifying body for professional qualifications in sustainability and climate risk management like GARP.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy