PCAF: 500 FIs now signed up to financed emissions accounting standard
The organisation's methodology to assess capital market emissions was integrated into NZBA guidelines this year.
The Partnership for Carbon Accounting Financials (PCAF) has signed up its 500th member, expanding the number of financial institutions committed to disclosing their financed emissions based on its GHG accounting standard.
PCAF says the 500-member milestone reflects the growing momentum for financial sector transparency and decarbonisation, five years after the Partnership’s launch with just 55 members.