OPITO becomes an SCQF approved Credit Rating Body
OPITO has achieved the status of becoming an SCQF approved Credit Rating Body (CRB) through the SCQF Partnership. This allows OPITO to make decisions about the SCQF level and SCQF credit points allocated to qualifications developed to train staff in the oil and gas sector.
OPITO is the global, not-for-profit, skills body for the energy industry and helps to develop a safe and skilled workforce across the sector. Working together with industry stakeholders OPITO drives global standards and qualifications, creates workforce development solutions and leads dialogue with industries and governments. More than 250,000 people are trained to OPITO standards every year, across 45 countries through over 200 approved training centres.
John McDonald, CEO at OPITO said: “Achieving the Credit Rating Body status through the SCQF Partnership is a significant milestone and further recognises OPITO’s work alongside energy industry stakeholders to develop solutions to ensure a safe and skilled workforce across the globe. By achieving this status, we can add further value to our OPITO qualifications and also enhance the offering from industry.”
Aileen Ponton, Chief Executive of the SCQF Partnership, added: “The SCQF Partnership is delighted to work with OPITO as a new Credit Rating Body for the SCQF. OPITO saw achieving Credit Rating Body status as an integral part of its commitment to developing a safe and skilled workforce - a process to which would ensure that there was a real benefit to all of those receiving OPITO approved training and achieving qualifications across the sector. We were impressed with their commitment to that priority and to the way they had developed robust quality assurance systems to ensure that they met all of our criteria. We look forward to working with them further as they continue to expand their offer.”
To become a CRB for the SCQF, OPITO had to demonstrate that it has robust quality assurance processes and a rigorous approach to qualifications development and credit rating. As part of the application OPITO credit rated its Global Training Certificate 1: Basic Maintenance Practices (Electrical) at SCQF Level 4 with 9 SCQF credit points and the OPITO Vocational Qualification 2: Oil and Gas Engineering Maintenance (Mechanical) at SCQF Level 5 with between 16-18 SCQF credit points.
Being an SCQF approved CRB allows OPITO to make its own professional judgements, using tools provided by the SCQF Partnership, about what level a qualification sits at on the SCQF. Once a qualification has an SCQF level it attracts national and international recognition for the learners who achieve it.
OPITO is now one of eight SCQF approved CRBs which, along with SQA, universities and colleges, is allowed to make its own credit rating decisions.