600 FIs now committed to PCAF financial emissions disclosures
PCAF is working to expand its standard and cover new asset classes such as transition finance.
The Partnership for Carbon Accounting Financials (PCAF) has surpassed 600 signatories, as it prepares to update its standard for disclosing emissions associated with financial activities.
PCAF’s growing membership suggests that, while some may be backtracking on their climate pledges, financial institutions remain committed to standardising the accounting and disclosure of their emissions.