Sustainability and Climate Risk Certification Training Program (synchronous E-Learning)

The course will equip students to take the SCR exam certified by GARP. A certified student is expected to have a broad knowledge of sustainability and climate risk.

This knowledge will allow the student to gain entry employment into areas such as green finance, Environmental-Social-Governance (ESG) indexing, sustainability consulting, governmental /non-governmental advocacy, financial institution's climate risk management, sustainability reporting & governance, carbon credit markets, etc.

The subject will be extremely relevant and timely as the financial industry, listed companies & regulators are embracing climate change and the green agenda rapidly, driven by regulatory requirements. We expect a sharp increase in green workforce and a competency gap and increased need for these emerging skill sets. This knowledge base is multi-disciplinary– combining science, finance and advocacy– will certainly be in high demand.

What You'll Learn

Climate risk and Sustainability are fast gaining importance in today's financial world because of the global agenda on climate change and efforts to reduce Greenhouse gas (GHG) emissions internationally. These follows the Paris agreement on climate change in 2015 and COP26 @Glasgow more recently. Indeed, climate risk is an emerging 'new' risk class in financial institutions because of indirect dire impact from transition risk and physical risks. Importantly regulators (such as the Monetary Authority of Singapore (MAS)) are drafting the standards and reporting requirements for this new emerging risk class to be measured, controlled and disclosed.

The Risk Management Institute (RMI)'s Sustainability and Climate Risk (SCR) exam preparation course' is designed to align with Global Association of Risk Professionals' (GARP) SCR (Climate risk and Sustainability) certification objectives and examination structure.

The latest (2023) SCR comprises an 8 chapters course covering aspect of sustainability and climate risk management. The RMI course is composed of 7 sessions of 3 hours each"”which should be sufficient to all 8 chapters. There will be a quiz at the end of the course which mirrors the format, coverage and standards of the actual SCR exam syllabus.

Chapter 1: Foundations of Climate Change: What Is Climate Change

Chapter 2: Sustainability

Chapter 3: Climate Change Risk

Chapter 4: Sustainability and Climate Policy, Culture, and Governance

Chapter 5: Green and Sustainable Finance: Markets and Instruments

Chapter 6: Climate Risk Measurement and Management

Chapter 7: Climate Models and Scenario Analysis

Chapter 8: Net Zero

Minimum Entry Requirement

There are no work experience or prior qualifications required to sit for the SCR exam. Hence, this will be the same to take this preparation course. However, course participants are generally expected to have general proficiency in the English language, and a basic degree/diploma (in any subject) at the university/college/polytechnic level.