Utrecht, 19th May 2025: The Partnership for Carbon Accounting Financials (PCAF) today announces its latest Regional Accredited Partner, Compliance Kart. As a provider of environmental compliance solutions in India, Compliance Kart has recently completed its accreditation journey with PCAF and now joins a growing list of Accredited Partners around the globe.
The partnership with PCAF comes at a critical moment of transformation within the Indian financial ecosystem with regulators, investors and wider institutions aligning more closely with international standards.
Joining PCAF further underpins the organisation’s mission to help Indian entities adopt credible, globally recognized methodologies and enable them to scale their impact by supporting institutions in navigating the low-carbon transition. This will also allow greater transparency, consistency and credibility to the financial carbon accounting practices they implement for their clients.
“We are incredibly honored to welcome a company so committed to environmental change in the financial industry in India and globally as our latest Accredited Partner of PCAF. We look forward to working alongside them to implement GHG emission reporting for their clients and partners.”
Bart van Lunteren, Accredited Partner Lead, PCAF.
"This partnership comes at an important time for Compliance Kart and India’s financial sector. With evolving climate policies and ESG expectations, the country’s public and private sector entities increasingly seek science-based frameworks to measure financed emissions. Becoming an accredited PCAF partner allows us to bring global best practices to India's carbon accounting and sustainable finance landscape.”
CA (Dr.) Alok Panday, CEO, Compliance Kart.
ENDS
About PCAF
The Partnership for Carbon Accounting Financials (PCAF) was launched globally in September 2019. Currently, more than 600 banks and investors have subscribed to the PCAF initiative. PCAF signatories work together to jointly develop the Global GHG Accounting and Reporting Standard for the Financial Industry to measure and disclose the greenhouse gas emissions associated with their financial activities. By doing so, PCAF signatories take an important step to subsequently assess climate-related risks, set climate targets and develop effective strategies to decarbonize their portfolios.
About Compliance Kart
Compliance Kart is a leading compliance solutions provider in India, specializing in environmental compliance. The company is launching a voluntary blockchain carbon trading platform, the first of its kind in India, aimed at helping businesses offset their carbon emissions by purchasing carbon credits from verified emission reduction projects. In addition to the carbon trading platform, Compliance Kart also offers advisory services for the development and assistance of carbon credits.
The company provides a range of services, including validation, registration, verification, and issuance of carbon credits. These services help businesses to understand and navigate the complex process of carbon credit development and ensure that their carbon credits are verified and registered in accordance with international standards.
Compliance Kart's advisory services are designed to help businesses develop and implement effective carbon offsetting strategies that are aligned with their sustainability goals. The company's team of experts has extensive experience in carbon credit development and provides comprehensive support to businesses throughout the process, from project identification to carbon credit issuance.
The combination of Compliance Kart's climate tech and advisory services provides businesses with a holistic solution for managing their carbon footprint.
