Global
Association of Risk Professionals (GARP) Expands Candidate Access to SCR and
RAI Exams with Remote Online Proctoring
·
Strengthens and Builds
Partnerships with Leading Education Institutions Including XLRI- Xavier School
of Management, Jamshedpur, Christ University, Bangalore and Xavier Institute of
Management, Bhubaneswar.
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GARP experiences growing
demand from India for Sustainability and Climate Risk (SCR) Certificate and new
Risk and AI (RAI) Certificate, reflecting interest in developing specialized
knowledge and professional expertise that builds on and complements learnings
from its Financial Risk Manager (FRM) Certification.
·
Eliminating geographical and
logistical barriers to earning these certificates, making critical programs
more accessible to professionals across India and around the world.
The Global Association of Risk
Professionals (GARP), a global leader in risk education, has announced the
launch of remote online proctoring for its Sustainability and Climate Risk
(SCR) and Risk and AI (RAI) certificate programs globally. This initiative is
designed to significantly expand access to these globally recognized programs,
especially for professionals in Tier 2 and Tier 3 cities by enabling candidates
to take the exams from the comfort of their homes. The first set of remotely
proctored exams will be administered in October 2025.
The remote
testing option is secured through a secure remote proctoring system, ensuring a
consistent and fair exam experience for all candidates. It will allow Indian
candidates the flexibility to schedule and take their SCR and RAI exams from a
location of their choice, following India Standard Time (IST). Registered
candidates will receive all necessary instructions and access details prior to
their exam via email.
The initiative comes at a time when interest
in GARP’s globally recognized risk education programs is rising sharply, driven
by growing awareness of the need to manage risks related to climate change and
emerging technologies. In India, GARP has collaborated with educational institutions
including XLRI-Xavier School of Management, Jamshedpur, Christ University,
Bangalore and Xavier Institute of Management, Bhubaneswar. It aims to expand to
cities such as Jaipur, Ahmedabad, Bhopal, Indore, Bhubaneswar, Chandigarh,
Jamshedpur, Kochi, Lucknow, Nagpur, Patna, Raipur, Visakhapatnam, Agra, Kanpur,
Mysuru, Mangalore, and Udupi.
These ongoing
partnerships allow GARP to share its global expertise and contribute to India’s
educational and professional upskilling goals. Between 2021 and 2024, enrolment
for the SCR program in India grew at an impressive annual rate of 59.6%,
reflecting the rising demand for sustainability knowledge. Since the launch of the
RAI program in August 2024, India has rapidly become GARP’s second-largest
market for candidate registrations globally. Participation has been
particularly strong in metro cities like Mumbai, Bengaluru, Delhi, Gurgaon,
Hyderabad, and Chennai—key hubs for careers in sustainability and AI. The
introduction of remote proctoring is set to remove logistical and cost
barriers, providing professionals with easier access to these future-focused
certifications from anywhere across the country.
“India is a
major global economy, and it is growing. As the nation progresses toward its $5
trillion economic goal, the capacity to manage sustainability and AI-driven
risks becomes paramount,” said Richard
Apostolik, President and CEO of the Global Association of Risk Professionals
(GARP). “By introducing remote proctoring, we are eliminating
geographical and logistical barriers to certification, making these critical
programs more accessible to professionals in India, allowing them to
objectively demonstrate to their global peers that their professional knowledge
is on par with anyone in the world.”
The RAI certificate equips candidates with a robust understanding of AI
evolution, core AI tools and techniques and their application in real world use
cases, AI risks, including algorithmic
bias, explainability, transparency, reputational risk, and data and model
governance frameworks—skills that are especially vital as India’s AI sector is
projected to generate over 2.3 million jobs by 2027, while the available talent
pool may only reach 1.2 million, highlighting a knowledge gap and urgent need
for upskilling.
Similarly, the SCR certificate—recognized
globally as a unique climate risk credential—offers in-depth knowledge of green
and sustainable finance markets and instruments, climate science, global policy
and governance initiatives, climate models and scenario analysis, transition
planning and carbon reporting, and nature risk assessment. With over 80% of
India’s population vulnerable to climate-induced disasters and forecasts
suggesting climate change could shrink India’s GDP by 25% by 2070,
equipping professionals with these critical skills is more important than ever.
About GARP (Global Association of
Risk Professionals)
The Global
Association of Risk Professionals (GARP) is the world’s leading
professional organization for risk management. With a mission to advance the
risk profession, GARP provides globally recognized certifications, education
programs, and research initiatives to help professionals and organizations
navigate evolving financial and climate risks. With a global network spanning
over 250,000 risk professionals across 190+ countries, GARP serves as a
knowledge hub, offering insights, thought leadership, and best practices in
financial, operational, and climate risk management.