The TCFD Workshop for Financial Institutions was hosted by Taiwan Stock Exchange, Cozeta Energy Service Corporation and CDP. The session focused on the TCFD framework for financial institutions with the sharing of international best practices.

PCAF APAC Regional Lead, Tiange Wei, was invited to introduce PCAF initiative and the Global GHG Accounting and Reporting Standard for the Financial Industry, from the perspective of how PCAF can help FIs to meet the relevant TCFD disclosure requirements.

The GFLP International Conference on Finance Net Zero and Nature Positive Future co-hosted by Beijing Institute of Finance and Sustainability and Global Green Finance Leadership Program is taking place virtually on 16 and 17 December.

This two-day conference invites experts to exchange ideas and discuss topics on Role of Green and Sustainable Finance, Climate Disclosure and Other Approaches in Climate and Nature-Related Risk Management, Financial Product Innovation for Sustainability, and GHG Accounting for Financial Institutions.

Executive Director of PCAF Giel Linthorst will lead a discussion on 17 December at 16:40 – 17:50(CST) on the most common difficulties and solutions within GHG accounting that financial institutions are facing.

The 5th Annual EM ESG Conference of the Emerging Markets Investors Alliance, hosted by AllianceBernstein, is taking place virtually on 7 and 8 December. The two-day conference will bring together emerging market corporate and sovereign issuers, ESG policy experts, and investors representing over $30 trillion in AUM.

Join Executive Director of PCAF Giel Linthorst at 10:10-11:10 EST on 8 December for a panel discussion on ESG pressure on commercial business lending.

Join the External Reporting Board (XRB) and Partnership for Carbon Accounting Financials (PCAF) for a webinar to learn more about PCAF's Global GHG Accounting and Reporting Standard for the Financial Industry.

The XRB is developing a climate-related disclosures framework for Aotearoa New Zealand based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), which recommends that banks, asset owners and asset managers should use the PCAF Standard when assessing and disclosing financed emissions.

This webinar aimed to inform climate reporting entities and others about the PCAF Standard as a way to assess and disclose GHG emissions of loans and investments. PCAF Program Manager and Latin America Regional Lead Angélica Afanador introduced the Standard in this session and aswered questions in a Q&A at the end.

A predominantly virtual conference on sustainable finance hosted by The Banking Association South Africa to highlight the role of the financial service industry in supporting sustainable development in South Africa. The event will focus on sustainable evironmental and social development, as well as the outcomes of COP26.

Join Executive Director of PCAF Giel Linthorst for an address on 25 Novemeber between 9:55 - 10:35 SAST to learn more about the relevance of measuring and disclosing financed emissions in the context of sustainable development. 

A series of workshops in Thailand and Indonesia to support the sustainable stock exchange initiative and enable a sustainable capital markets ecosystem. Presented by IDX, GRI, and CDP.

The three-hour workshops target representatives of the capital market regulators and financial institutions responsible for sustainable finance initiatives.

In both workshops, PCAF Secretariat representatives will be featured on the the panel on International ESG Frameworks and Sustainable Finance. PCAF DACHLi Regional Co-lead Esther Platzbecker will join for an address in the webinar for Thailand on 18 November at 7:30 CET | 13:30 ICT. PCAF Asia-Pacific Regional Lead Tiange Wei will speak at the Indonesia event on 1 December at 7:30 CET | 13:30 ICT. Both sessions will be concluded with a 15min Q&A where attendees will have the opportunity to ask questions to the PCAF representatives.

PCAF has hosted three technical webinars on the new draft methods for sovereign bonds, green bonds, and emissions removals. The webinars featured representatives of the PCAF Core Team, which is responsible for developing the draft methods.

Attendees learned more about the technical details of the draft methods and could engage and ask questions about them. Three webinars were held to cover different geographies: Asia-Pacific, Americas, and Europe & Africa.

A virtual launch of PCAF's latest project, “Financing towards net-zero buildings” funded by the Laudes Foundation. This project addresses the urgent need for the financial industry to accelerate the transition of European buildings towards net zero by 2050.

Attendees learned about the required transformation of the European building stock by 2050 and the crucial role of financial institutions in enabling the needed long-term structural change. Moreover, industry representatives discussed the opportunities of this transition and the need for the financial industry to act as an accelerator. Attendees also got an overview of how financial institutions can measure and track the climate impact of their mortgage and real estate portfolios towards net zero.

Speakers include:

Prof. Dr. Diana Ürge-Vorsatz: Professor, Department of Environmental Sciences and Policy, Central European University, and Vice Chair, Working Group III of the Intergovernmental Panel on Climate Change (IPCC)

Clare Hierons: Senior Programme Manager Finance & Capital Market Transformation, Laudes Foundation

James Hooton: Programme Director, Green Finance Institute

Tjeerd Krumpelman: Global head of Business Advisory, Reporting & Engagement / Group Sustainability, ABN AMRO

Gabriel Marosi: Group Sustainability Officer, ERSTE Group

Peter Sandahl: Head of Sustainability, Nordea Life & Pension

Giel Linthorst: Executive Director of PCAF Secretariat and Director at Guidehouse

Madeline Schneider: Project Manager of PCAF’s Financing towards net-zero buildings and Managing Consultant at Guidehouse

Tune in on Thursday, 11 November at 14:00 – 15:00 CET.

Find the event agenda here.

Read more about the project here.

The Partnership for Carbon Accounting Financials (PCAF) is pleased to announce a virtual launch of the public consultation on three greenhouse gas (GHG) accounting methods developed by the PCAF Core Team: sovereign bonds, green bonds, and emissions removals.

During the public consultation virtual launch, attendees gained insights into the new draft methods, understood their value to the financial industry, and learned how to participate in the public consultation. The consultation will be open until 17 December 2021. 

The Hong Kong Green Finance Association (HKGFA) and PCAF hosted a training series on PCAF Implementation and Considerations.The training series aimed to promote the PCAF Global Standard and its functionality to a larger audience of banks who are members of the HKGFA. 

PCAF Asia-Pacific Regional Lead Tiange Wei and Communications, Climate Policy and Technical Assistance Lead Jorge Martínez-Blat spoke about enabling financial institutions to assess and disclose financed emissions with the PCAF Standard and highlighted best practices. PCAF founding member Triodos Bank provided practical examples of the application of the Standard.

A pre-COP26 virtual event that brought together leadig voices of the financial industry discussing the role of financial insitutions in tackling the challenges associated with climate change. PCAF signatory Phoenix Group hosted this event to accelerate action towards transitioning investment portolios towards net zero and to foster collaboration across the sector.

Executive Director of PCAF Giel Linthorst was featured at the Panel "Towards a net zero financial ecosystem". He introduced the PCAF Standard for measuring and diclosing fianced emissions and highlighted the importance of collaboration across financial institutions using PCAF as an example of an industry-led initiative.

Webinar series hosted by PCAF and the Net-Zero Banking Alliance (NZBA) on 6 & 7 October featuring representatives from banks committed to both PCAF and the NZBA: Morgan Stanley, HSBC, and Shinhan Financial Group. 

Three 30-minute webinars were organised for different geographies & time zones and highlighted practical examples of how participating PCAF banks use the Standard to fulfill their NZBA commitments.

Watch the recorded webinar - Europe Watch the recorded webinar - Americas Watch the recorded webinar - Asia Pacific

A global virtual event presented by the UN Environment Programme's Principles for Sustainable Insurance Initiative in support of the New York Climate Action Week. The event hosted high-level speakers, climate experts and insurers unpacking the concept of net-zero insurance and presented the UN-convened Net-Zero Insurance Alliance (NZIA).

Executive Director of PCAF Giel Linthorst joined "Roundtable 2: Measuring insured emissions – State of play and next key actions" as an expert of the PCAF Global Standard and presented on how it can be used for measuring and disclosing insured emissions. 

A seriesof webinars hosted by FC4S on “Methodologies and tools for Paris Alignment”, which focused on widely accepted and freely available climate finance methodologies and tools for the financial sector. The three workshops highlighted PCAF (Partnership for Carbon Accounting Financials),  SBTi (Science Based Target initiative) and PACTA (Paris Agreement Capital Transition Assessment) including user experiences with each one of them.

The workshops will concluded with a Q&A session, during which participants could engage with representatives from the climate finance initiatives. Each webinar was held at two different times to allow participation across the globe.

The first workshop in the series featured Executive Director of PCAF, Giel Linthorst, who presented PCAF's Strategic Framework for Paris Alignment and an overview of the initiative.

A summit connected to the Cimate Action Week and with the theme "Global Carbon Neutrality and China's Commitment" hosted by Phoenix TV and the World Wildlife Fund (WWF) at the Beijing Phoenix Centre. The event covered heated climate topics such as global carbon neutrality, corporate climate ambitions, green finance, energy tranistion, green building, and low-carbon transoprtation. 

PCAF Asia-Pacific Regional Lead Tiange Wei represented PCAF on day three with the theme "Green Finance Building a Greener Future Together". She was featured on the roundtable on "Sharing Good Practices: Low Carbon Transition for Asset Management Industry".

The 6th annual Sustainable Investment Forum North America in partnership with UNEP-FI takes place in September 2021 alongside Climate Week NYC, with the mission to mobilize sustainable investment towards a 1.5 °C world.

The Forum will convene over 2,000 asset owners and investment managers, institutional investors, pension funds, banks, development banks, policymakers, think tanks and NGOs to continue to build the momentum for sustainable finance and responsible investment.

Chris Snyder, Director at Guidehouse and North America Engagement Lead of the PCAF Secretariat, was featured as a speaker at the virtual panel "Can a more multilateral approach in US foreign policy under Biden result in increased foreign investment and accelerate the drive for a green and inclusive recovery globally? Can an upsurge in ESG investing play an integral role in recovery and resilience planning?", on Tuesday, 21 September at 09:35 EDT (SINV Part 1).

Part of a training series hosted by The Alliance For Green Commercial Banks - an initiative from IFC Asia Pacific and the Hong Kong Monetary Authority (HKMA). The session addressed financial institutions' questions on how to integrate climate risk management into their business and whether there is a global standard for them to measure climate risk. 

Executive Director of PCAF Giel Linthorst gave an overview on the PCAF Global Standard and explained how measuring financed emissions can help FIs manage their climate risk.

Organized by CECEP Environmental Consulting Group under the supervision of Shenzhen Special Economic Zone and with the support of the Energy Foundation, the workshop focused on practical implementation of carbon emissions measurement in China and the sharing of domestic and international best practices.

The workshop was attended both virtually by international participants and in-person by FIs in Shenzhen. PCAF APAC Regional Lead Tiange Wei presented PCAF and the Global GHG Accounting and Reporting Standard for the Financial Industry. The presentation was followed by practical use insights shared by PCAF signatories Triodos Bank and Natwest Group. 

Organized by the Cambrige Institute for Sustainability Leadership (CISL),  this workshop series focused on the United Nations Environment Programme Finance Initiative (UNEP FI) FSB Task Force on Climate-related Financial Disclosures (TCFD) module on Client Transitions. The workshop has brought 25 financial organisations together to dig deeper into the Assess phase of the Banking Environment Initiative's Let's Discuss Climate: Guide to Bank-Client Engagement.

PCAF UK, Africa & Middle East Regional Lead Cara Merusi represented PCAF as a speaker on the panel "Client KPIs and impact metrics".

Organized by World Bank Group, International Institute of Green Finance, Carbon Pricing Leadership Coalition and PCAF as an official side event of the UNFCCC Asia-Pacific Climate Week 2021, scheduled for Thursday, 8 July 2021 from 14.00 to 16.00 (CST) / 8.00 am to 10.00 am (CEST) / 2.00 am to 4.00 am (EDT). 

This online workshop brought together stakeholder from governments, financial institutions, international organization and academia from China and abroad to exchange experience and knowledge in the topic of carbon pricing, carbon finance and accounting in the context of China's carbon neutrality goal. The event sought to initiative a discussion about how to better integrate innovative financial instruments to guide public and private financial flows in support of low-carbon transition. 

PCAF's Executive Director Giel Linthorst was featured as a speaker at Roundtable 2: "How measuring financed emissions catalyzes action in both finance and industry".

This online seminar, hosted by Japan's Financial Services Agency and CDP, focused on how financial institutions can measure and disclose their Scope 3 emissions to decarbonized their financial portfolio. A presentation on PCAF was given by PCAF's Executive Director Giel Linthorst.

PCAF Program Manager and LATAM Regional Lead Angélica Afanador gave a presentation on PCAF and the Global GHG Accounting and Reporting Standard for the Financial Industry on a webinar hosted by EAPB. Followed by the presentation EAPB member NBW Bank explained how they applied the PCAF methodology to gain insights into the sustainability of their loan porfolio. 

Organized by The Prince's Accounting for Sustainability Project (A4S), scheduled for 30 June 2021 at 06.00 PDT / 09.00 EDT / 14.00 BST / 15.00 CEST.

This technical workshop was designed for senior finance professionals on accounting for financed emissions and focused on the practical steps that finance teams can take in supporting the financed emissions accounting process. PCAF's Executive Director Giel Linthorst and Program Manager Angélica Afanador provided an overview on the Global GHG Accounting and Reporting Standard for the Financial Industry, complemented by insights from financial institutions currently participating in PCAF (ABN AMRO and NatWest).

Organized by the IMF. The purpose of this workshop was to give an overview of PCAF's recent publication, the Strategic Framework for Paris Alignment. Communications, Climate Policy, and Technical Assistance Lead of the PCAF Secretariat Jorge Martínez-Blat elaborated on the publication's significance in decoding the climate finance ecosystem. Examples of the framework in practice were presented by PCAF signatories FirstRand and Bancolombia. 

This webinar, hosted by the Korea Sustainability Investing Forum (KoSIF),provided an overview of PCAF and the Global GHG Accounting and Reporting Standard for the Financial Industry to five financial groups and three public pension funds in Korea.

Organized by the Climate Action in Financial Institutions initiative to provide an opportunity for financial institutions professionals to learn more about GHG accounting methodologies and discuss with peers how the ones currently available may be used as part of Paris alignment strategies.

PCAF Program Manager Angélica Afanador presented the Global GHG Accounting and Reporting Standard for the Financial Industry and explained how to use it as part of Paris alignment approaches, complemented by practical use insights from PCAF participant FMO.

Project organized by Science Based Targets initiative Mexico with the aim of, among other goals, building and strengthening the capacity of key government institutions on corporate climate action and creating synergies with related policies and programs. 

The PCAF Secretariat, represented by Angélica Afanador (Program Manager, LATAM Regional Lead) and Jorge Martínez-Blat (Communications & Climate Policy Lead) presented the Strategic Framework for Paris Alignment to the Mexican National Banking and Securities Commission (CNBV) to illuminate the relationship between the many climate initiatives for financial institutions and their respective places in the process of Paris alignment for financial institutions.

The 4th annual Sustainable Investment Forum Europe returns in April 2021 as a 4-part digital event series across 2 weeks.

The Forum will convene over 1,850 asset owners and investment managers, institutional investors, pension funds, banks, development banks, policymakers, think tanks and NGOs to continue to build the momentum for sustainable finance and responsible investment.

Peter Sandahl, representing the UN-convened Net Zero Asset Owner Alliance in the PCAF Steering Committee, will be featured as a speaker at the virtual panel "The European ESG Landscape mid and post pandemic", on Tuesday, 13 April at at 12:45 CEST (SINV Part 1).

PCAF Program Manager Angélica Afanador will be featured as a speaker at the virtual panel, "Women in sustainable finance--how to make it in the green economy", on Tuesday, 20 April at 13:20 CEST (SINV 2021 Part 3). 

Executive Director of PCAF Giel Linthorst will be featured as a speaker at the virtual panel, "Financial materiality: directing capital for a green recovery", on Thursday, 22 April at 16:25 CEST (SINV 2021 Part 4).

Hosted by the Emerging Markets Investors Alliance. This webinar addressed key transition and physical climate risks facing emerging markets banks and how carbon accounting standards like the Partnership for Carbon Accounting Financials (PCAF) can enable banks assess and manage climate risk.

Speakers included Angélica Afanador, Program Manager of the PCAF Secretariat, and representatives from PCAF members Boston Common Asset Management and Grupo Bancolombia.

Webinar hosted by the Impact Investment Forum. This webinar adressed how financial institutions can reduce their financed emissions. The panelists explained how their teams are managing their financed emissions and the steps they are taking to reduce them. They provided their insights on existing methodologies, evaluating additionality, and the policy context around these complex and emerging financing solutions.

Speakers included PCAF North American Regional Lead Nicole Labutong and PCAF Steering Committee Member Ivan Frishberg of Amalgamated Bank

Webinar hosted by PCAF on 31 March at 8:30 MST / 10:30 EST / 16:30 CET with representatives from asset managers in PCAF: AIMCo, Robeco and Boston Common Asset Management. The panel highlighted the experiences of asset managers in measuring their financed emissions and explored why asset managers measure financed emissions using the PCAF Standard, how asset managers can engage with data providers and how financed emissions can help asset managers achieve climate-related business goals.

Part of BusinessGreen's Net Zero Festival. Net Zero Finance brought together leading investors, asset managers, corporates, policymakers, and campaigners to explore the fast-expanding green finance sector, explore the challenges ahead, showcase success stories and examine the opportunities.

Executive Director of PCAF Giel Linthorst spoke at the TCFD asap panel on 16 March, 2021.

The Economist’s Climate Risk Summit: North America shared insights on how business leaders can manage and mitigate the impact of physical and transition risks posed by climate change.

Chris Snyder, Climate Finance Expert at PCAF and Director at Guidehouse, spoke at the session, Reporting Climate Risk, on 15 March, 2021.

The thirteenth annual meeting of the Global Alliance for Banking on Values, a PCAF Steering Committee member, hosted by Sunrise Banks. This year's virtual program was full of opportunities for participants to envision the future together and take steps toward a more sustainable and equitable banking system.

PCAF Program Manager Angélica Afanador presented the session "PCAF - Measuring Carbon in Finance" on 3 March, 2021.

Organized by City & Financial Global. PCAF's Executive Director Giel Linthorst spoke on the panel on Risk Management and Operational Resilience.

The second edition of The Climate Risk & Green Finance Regulatory Forum provided practical, detailed guidance about the steps that financial institutions need to be taking now in order to ensure that they are prepared for, and fully compliant with, the emerging regulatory environment, as well as examining the new opportunities that this seismic shift in finance will bring.

Co-hosted by the IIF and YES BANK. PCAF's Executive Director, Giel Linthorst, gave a presentation on assessing financed emissions in investment and lending portfolios.

PCAF and the VfU conducted a workshop (in German) with interested financial service providers in the DACH region which covered the measurement of financed emissions in various asset classes, while also introducing the project design of a two-year peer learning group. The workshop was intended to show interested financial service providers how to participate in the PCAF D / A / CH regional group and invite them to participate and to sign the PCAF Commitment.

PCAF UK Coalition announced their 2021 plans for implementing emissions accounting to drive change in residential property and agroforestry.

PCAF hosted a launch webinar to release the first edition of the Global GHG Accounting Standard for the Financial Industry. High level speakers from the industry discussed how the Standard can be used by financial institutions to measure financed emissions.

Financed Emissions: How the Financial Industry is Addressing Climate Change. PCAF's Executive Director Giel Linthorst & PCAF Steering Committee Member Ivan Frishberg of Amalgamated Bank gave insight on the effort to measure the carbon impact of loans and investments as a building block for further climate action and on PCAF's role in this global effort.

Co-hosted by the IIF and the Norinchukin Bank. Tailored and timed for a Japanese audience, this virtual event featured panel discussions with leading executives and experts on the rapidly evolving landscape for ESG data and analytics. A presentation on assessing financed emissions in investment and lending portfolios using PCAF was given by Chris Snyder, Director at Guidehouse and Sean Wright, Executive Director of Global Sustainable Finance at Morgan Stanley.

PCAF was invited by Mark Carney and Lord Mayor of the City of London William Russell to speak at the Green Horizon Summit's Reporting Panel. PCAF Steering Committee Member Morgan Stanley was represented by CSO Audrey Choi.

Co-hosted by the IIF and the Associated Banks in SIngapore (ABS). Tailored and timed for an Asian audience, this virtual event featured panel discussions with leading executives and experts on the changing policy and regulatory backdrop. PCAF's executive director, Giel Linthorst, explained how to measure “financed emissions” in financial firms’ investment and lending portfolios.

Giel Linthorst and Thomas Hähl from the PCAF Secretariat held a webinar on portfolio carbon accounting together with the Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstituten (VfU) e.V. with focus on the upcoming collaboration between PCAF and financial institutions from the D/A/CH region (Germany, Austria & Switzerland). Workshop held in German.

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During this webinar, CDP, PCAF and ABN AMRO explained the importance of financed emissions to understand the climate impact of financial portfolios and to enable alignment with the goals of the Paris Agreement.

Assessing Financed Emissions in Investment and Lending Portfolios. During this webinar, PCAF's executive director, Giel Linthorst, presented the progress of PCAF towards harmonizing carbon accounting, the development status of the Global Carbon Accounting Standard and its upcoming global stakeholder consultation.

PCAF's executive director, Giel Linthorst, presented the progress accomplished thus far by PCAF's participants on standardizing GHG emissions financed by loans and investments. He also shared how the partnerships built between PCAF and the Dutch government have increased access to higher data quality for portolio carbon accounting. Next to this, Giel presented the plans to standardizing GHG emissions dataflows based on XBRL and the relation to the EU Non-Financial Reporting Directive (NFRD).

Webinar for Latin American banks "Enabling Banks to measure climate impact to facilitate Paris alignment". Organized by UNEP FI PRB and PCAF. Banks will learn how to measure their climate impact, one of the inputs required to do impact analysis and set targets. Webinar held in Spanish.

Organized by FEBRABAN, the Brazilian Federation of Banks. PCAF presented the current status of the initiative and the development of the Global Carbon Accounting Standard.

Organized by IPC, under the leadership of Sitawi, PCAF present about the importance of harmonizing the way investors measure financed emissions and the benefits of joining PCAF.

James Niven, Triodos Bank's Head of Impact Assessment, and Andrea Palmer, Product Specialist at Triodos Investment Management, provided an introduction to PCAF. This webinar explored the PCAF carbon accounting methodologies and explained why this streamlined approach is enabling financial institutions to find common ground on action against the climate crisis.

A side event at COP25 in the EIB-Benelux Pavilion at 9:30 am. During this event, PCAF launched a new report on carbon accounting methods developed by the Dutch team. Madrid, Spain.

Hosted by AXA IM. During this event PCAF presented the carbon accounting methodology for the financial sector and the link with science-based target setting. Paris, France.

Hosted by UBS. During this event PCAF presented the carbon accounting methodology for the financial sector and the link with science-based target setting. Frankfurt, Germany.

During this event, KBC Group, Triodos Bank and ING shared their experiences on carbon accounting. Brussels, Belgium.

Brussels, Belgium.

A webinar with an overview of the methods developed by the PCAF North American team, including case studies, lessons learned and related tools.

During this event, the PCAF secretariat held a technical workshop focused on carbon accounting methodologies. Seattle, Washington, USA.

During the climate week in New York, leaders of the PCAF Steering Committee and PCAF members celebrated the initiative's global launch. New York, USA.

Hosted by FirstRand, the PCAF initiative led a discussion on current trends in carbon accounting for financial institutions. The event allowed African banks to learn about PCAF methodologies and discuss opportunities and challenges of assessing the climate impact of their portfolios. Johannesburg, South Africa.

During this event, the PCAF secretariat held a technical workshop focused on carbon accounting methodologies. Leeds, United Kingdom.

Hosted by Triodos Bank and AFI Escuela, the forum focused on methodologies to measure the climate impact of loans and investments. Madrid, Spain.

Triodos Bank convened financial institutions from Germany to discuss about carbon accounting methodologies, share experiences of implementing PCAF and PACTA in the Netherlands, and clarify the complementarity between PCAF and PACTA approaches. Frankfurt, Germany.