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CFA ESG or GARP SCR - Which Is Best for You?

Updated: Sep 5


CFA ESG vs. GARP SCR - Which Is Best for You?
CFA ESG vs. GARP SCR - Which Is Best for You?

Environmental, social, and governance (ESG) investing and Sustainability and climate risk management are two of the most important issues that face the investment and risk management communities. As a result, there has been a growing demand for investment professionals and risk managers to have the knowledge and skillset necessary to effectively address these issues. To meet this demand, two globally recognized certifications have been developed: the CFA Institute's Certificate in ESG Investing and the Global Association of Risk Professionals' (GARP) Sustainability and Climate Risk (SCR) certification.


The CFA ESG Investing certificate covers the following topics:


1. Introduction to ESG Investing

2. The ESG Market

3. Environmental Factors

4. Social Factors

5. Governance Factors

6. Engagement and Stewardship

7. ESG Analysis, Valuation, and Integration

8. Integrated Portfolio Construction and Management

9. Investment Mandate, Portfolio Analytics, and Client Reporting


On the other hand, the GARP Sustainability and Climate Risk (SCR) certification covers the following topics:


1. Foundation of Climate Change: What is Climate Change?

2. Sustainability

3. Climate Change Risk

4. Sustainability and Climate Policy, Culture, and Governance

5. Green and Sustainable Finance: Markets and Instruments

6. Climate Risk Measurement and Management

7. Climate Models and Scenario Analysis

8. Net Zero


As you can see both certification cover a similar theme but with a different approach, both certifications are designed to be accessible to a wide audience and are suitable for professionals from various disciplines, including finance, supply chain management, operations, and technology. Both certifications provide a valuable differentiator in the job market and can allow you to change your careers field or improve your career prospects, increase your competitive advantage, and demonstrate knowledge and tools necessary to assess and manage ESG and climate risks.


So, which one is best for you? The answer is that it depends on your career goals and areas of focus. If you are primarily interested in ESG investing, the CFA ESG Investing certificate is the way to go. On the other hand, if you are primarily interested in climate risk management, the GARP SCR certification is the way to go.

However, it is also possible to do both certifications to complement your skillset and become an expert in ESG investing and climate risk management. By doing so, you will have a comprehensive understanding of both ESG investing and climate risk management, which will give you a competitive advantage and make you a valuable asset to your organization.


In conclusion, the CFA ESG Investing certificate and the GARP SCR certification are both valuable certifications not only for investment professionals and risk managers but for people looking to enhance their ESG and climate risk management knowledge and skills. Whether you choose to do one or both, you will be well equipped to address the challenges of ESG investing and climate risk management and stay ahead in your field and the world to come.


So don't miss this opportunity to enhance your skills and take your career to the next level with Futuregreenworld's Qbank and practice exams which were made to make it easier for candidates to absorbe this new knowledge through repetition learning.


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