SCR case studies
SCR · Put your knowledge to work in context.
The Sustainability and Climate Risk (SCR®) Certificate is a professional credential awarded by the Global Association of Risk Professionals (GARP) to candidates who pass a single exam. GARP describes the program as developed by senior risk practitioners, climate experts, and sustainability professionals, and positions it for people who need working command of sustainability, climate risk, nature risk, and transition planning - from those new to the field to executives shaping boardroom strategy. The SCR case studies are 5 cases and about 2,866 words.
1The Steelmaker's Scope 3 Trap
A European steel manufacturer emits 4.2 Mt CO2e per year from its own furnaces (Scope 1) and 1.1 Mt from purchased electricity (Scope 2, location-based). Its purchased iron ore, coal, and transport add 2.8 Mt (Scope 3 upstream).
609 words, about 3 min2The Asset Manager's Scenario Stress Test
A mid-sized asset manager runs a €6bn equity portfolio heavily weighted (38%) toward European utilities and industrials. Its climate risk team runs a disorderly transition scenario (sudden carbon price of €150/tCO2e by 2030, phased in from €90 today) and finds portfolio value-at-risk of 11% over five years.
559 words, about 3 min3The Sovereign Green Bond That Wasn't Green Enough
A national government issues a €5bn sovereign green bond to fund a mix of projects: €2bn for urban rail electrification, €1.5bn for flood defences, €1bn for afforestation, and €0.5bn for 'cleaner' natural-gas bus fleets. The bond is certified under a widely used green bond standard.
572 words, about 3 min4The Manufacturer's Net-Zero Pledge Meets Grid Reality
A consumer-goods manufacturer pledges net zero by 2040 across Scopes 1, 2, and 3. Its plan: (1) cut Scope 1 by switching gas boilers to electric heat pumps; (2) cut Scope 2 by signing a 15-year corporate PPA for wind power; (3) address Scope 3 (82% of its footprint) by 'engaging suppliers' and purchasing carbon credits for the residual.
579 words, about 3 min5The Bank's Climate Risk Capital Question
A regional bank has €40bn in loans, of which 22% is to commercial real estate (CRE) and 15% to agriculture. Its climate risk team runs a transition scenario and a physical scenario and finds: under a disorderly transition, CRE values fall 8% and agriculture margins compress 12%; under a hot-house physical scenario, flood losses hit 6% of the CRE portfolio and drought cuts agricultural output 15%.
547 words, about 3 min