Free GARP SCR Practice Exam with Questions & Answers

To align with industry trends, the risk team at a fashion merchandizing company evaluates the company climate risk framework. The risk team enhances the company climate risk framework by including a list of potential transition risks. Which of the following transition risks does the team most likely include in the framework?

An international chemical manufacturing company produces a variety of consumer and industrial goods and services. To progress company alignment with the SDGs, the sustainability director suggests incorporating nature-based strategies.

Which strategy best represents a nature-based solution for the company?

A climate scientist develops a presentation on modern climate change for a group of policymakers.

What observation does the scientist include in the presentation that provides evidence of human attribution to current climate change?

A mid-size bank in Australia will implement scenario analysis as part of a risk assessment to measure climate risk. A risk manager in charge of this project reviews current practices among peers worldwide.

To align with common and well-established practices of financial firms, how will the risk manager implement scenario analysis to assess climate risk?

A product manager at a regional bank analyzes customer feedback and sustainability trends to enhance bank offerings. After completing the review, the manager recommends a new consumer-facing product to attract sustainability-conscious customers. Which product does the manager most likely recommend?

After recent summer and winter temperature extremes disrupt operations, a national oil company evaluates its 10-year business plan. The risk department reviews how corporate assets, both physical and human, are resilient to climate change. Early in the planning process, a risk team member emphasizes the importance of planning for both acute and chronic climate hazards.

How should the team member describe acute and chronic hazards in terms of the 10-year strategy?

Which of the following technologies is most likely to be viewed by investors as a strategic solution to the decarbonization of high-temperature processes?

A risk manager at a fertilizer production company prepares a GHG emissions report on company product usage, emissions, and energy sources. The manager notes the company adequately tracks and proactively manages carbon emissions. However, the manager identifies several non-carbon emitting activities that can affect the climate through radiative forcing. Which of the following positive radiative forcing drivers will the manager most likely identify?

T he sustainability team at a Central European agricultural firm identifies nature-related risks threatening agricultural productivity and supply chain resilience. Declining yields are linked to environmental degradation and biodiversity loss. To avoid biodiversity loss, which of the following actions will the team most likely recommend?

A city planning commissioner consults with climate scientists to assess the impact of sea level rise on strategic infrastructure projects. The scientists discuss several climate model projections and indicate sea level rise has a fundamental relationship to GHG emissions, regardless of a specific warming scenario.

How should the scientists describe this relationship?