The PCAF APAC team is formed by all financial institutions with headquarters in Asia that participate in PCAF. The team is led by a regional chair, Ms. Rachael Kao, Executive Vice President, serving as the Chief of Staff of CTBC Financial Holding and also the Corporate's Spokesperson.
Ms. Kao is in charge of overseeing the organization's strategic business initiatives from development through successful execution. She also enacts and oversees CTBC's corporate sustainability strategy and communicates and coordinates with relevant stakeholders.
The PCAF APAC team enables peer-to-peer collaboration to share experiences and lessons learned among its members regarding the implementation of greenhouse gas (GHG) accounting methods in their portfolios. Team members will adopt the Global GHG Accounting and Reporting Standard and eventually develop bespoke local guides to facilitate application in different national contexts.
By measuring emissions financed by their loans and investments, the PCAF APAC team takes the first step required to assess climate-related risks, set targets in line with the Paris Climate Agreement and develop effective strategies to decarbonize our society.
Provided the large size of the region, as well as its distinctive national contexts, the team would in due course work via national teams.
If your financial institution is interested in joining the PCAF APAC team, please contact the PCAF Secretariat.
The most recent report from the PCAF regional implemention team North America is available in Chinese.
Additionally, the 2019 report from PCAF Netherlands is available in Chinese. The Dutch PCAF team has been working on GHG accounting since 2015.
PCAF Japan was formed in November 2021 to further promote the expansion of measurement and disclosure of financed GHG emissions by Japanese financial sector. The aim of this coalition is to foster stronger collaboration which will enable Japanese PCAF signatories to improve the data quality and steer their portfolio in line with the Paris Agreement.
The PCAF Japan coalition group has formalized a workplan for the fiscal year 2023. The focus of the workplan will be on sharing knowledge and best practices amongst peers, identify common challenges, foster stronger stakeholder collaboration, and promote financed emissions disclosures by participating financial institutions. The group also aims to work on applying PCAF’s methodologies for measuring financed emissions in a Japanese context, improving data quality improvements, and bridging international collaboration with other PCAF regionals.
As of July 23, PCAF Japan consists of 26 financial institutions, representing over $17.5 trillion in financial assets. PCAF Japan is chaired by Mizuho Financial Group and CSR Design Green Investment Advisory Co., Ltd. (CSR Design) acts as the Secretariat for PCAF Japan.