100+ Financial institutions - $ 53 + Trillion in total assets

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Woori Financial Group joins the Partnership for Carbon Accounting Financials

Woori Financial Group joins the Partnership for Carbon Accounting Financials

Woori Financial Group will strengthen eco-friendly finance and implement environmental risk responsibilities.

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Partnership for Carbon Accounting Financials collaborates with UN-convened Net-Zero Insurance Alliance to develop standard to measure insured emissions

Partnership for Carbon Accounting Financials collaborates with UN-convened Net-Zero Insurance Alliance to develop standard to measure insured emissions

Urgent, ground-breaking work on insured emissions, allowing insurers to set net-zero targets for their respective underwriting portfolios

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PCAF Presents at Carbon Accounting Workshop in Shenzhen to engage with Chinese Financial Institutions

PCAF Presents at Carbon Accounting Workshop in Shenzhen to engage with Chinese Financial Institutions

Advancing carbon measurement and disclosure in mainland China through the presentation of PCAF methodology and best practices.

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PNC Financial Services Group, Inc. joins the Partnership for Carbon Accounting Financials (PCAF)

PNC Financial Services Group, Inc. joins the Partnership for Carbon Accounting Financials (PCAF)

Advancing its efforts to be a conscientious steward of the environment, PNC commits to measuring and disclosing its financed emissions.

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Mizuho Financial Group becomes the first Japanese financial institution to join PCAF

Mizuho Financial Group becomes the first Japanese financial institution to join PCAF

Mizuho is the first Japanese financial institution and one of the largest globally to date to join the Partnership for Carbon Accounting Financials.

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PCAF and PAII kick off collaboration to further develop the PCAF Standard

PCAF and PAII kick off collaboration to further develop the PCAF Standard

The PAII already points to PCAF as the leading GHG accounting approach to underpin the Net Zero Investment Framework.

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BBVA joins the Partnership for Carbon Accounting Financials

BBVA joins the Partnership for Carbon Accounting Financials

BBVA reinforces its commitment to reducing the risks of climate change and joins PCAF as the first Spanish financial institution to commit to measuring & disclosing its financed emissions.

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PCAF publishes Strategic Framework for Paris Alignment

PCAF publishes Strategic Framework for Paris Alignment

Financial institutions gain a defined process to achieve net zero emissions and a toolbox they can use along the way.

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GRESB, CRREM and PCAF Join Forces

GRESB, CRREM and PCAF Join Forces

GRESB, PCAF, and CRREM are partnering up in 2021 to provide investors and banks with the guidance they need to measure and report on their financed emissions from real estate. This partnership is meant to help financial institutions formulate, set, and implement forward-looking targets in relation to their financed emissions.

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KB Financial Group Inc. joins the Partnership for Carbon Accounting Financials

KB Financial Group Inc. joins the Partnership for Carbon Accounting Financials

KB Financial Group reinforces its pledge to reduce the impact of its operations on Earth’s climate, continuing its environmental leadership role in the financial services industry.

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HSBC joins the Partnership for Carbon Accounting Financials

HSBC joins the Partnership for Carbon Accounting Financials

PCAF's largest financial institution by total financial assets to date commits to measure and disclose its financed emissions using the PCAF methodology.

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Report shows the benefits of using the PCAF Standard in concert with the EU Taxonomy Regulation

Report shows the benefits of using the PCAF Standard in concert with the EU Taxonomy Regulation

When combined, the PCAF Standard and the EU Taxonomy Regulation give financial institutions a holistic view of portfolio climate impact, equipping them to take strategic action to align with the Paris Agreement.

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New Standard Developed to Help Financial Industry Measure and Report Emissions

New Standard Developed to Help Financial Industry Measure and Report Emissions

The PCAF Standard is built on and backed by the Greenhouse Gas Protocol, earning the "Built on GHG Protocol" mark.

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Deutsche Bank joins the Partnership for Carbon Accounting Financials

Deutsche Bank joins the Partnership for Carbon Accounting Financials

Consistent, harmonised reporting supports Deutsche Bank's sustainability strategy and provides stakeholders with more transparency.

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The Partnership for Carbon Accounting Financials (PCAF) publishes Briefing for Asset Managers

The Partnership for Carbon Accounting Financials (PCAF) publishes Briefing for Asset Managers

Additional guidance for asset managers to be presented in upcoming webinar.

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The Partnership for Carbon Accounting Financials (PCAF) welcomes 100th financial institution: Royal Bank of Canada

The Partnership for Carbon Accounting Financials (PCAF) welcomes 100th financial institution: Royal Bank of Canada

PCAF doubled its global participation in less than 18 months, as total participant assets grew more than six-fold to over $21 trillion. New goal of 250 financial institutions set for year-end 2022.

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BMO Financial Group joins the Partnership for Carbon Accounting Financials

BMO Financial Group joins the Partnership for Carbon Accounting Financials

Ranked most sustainable bank in North America by the Wall Street Journal, the Dow Jones Sustainability Index and Corporate Knights, BMO is committed to measuring and disclosing the GHG emissions of its portfolio.

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PCAF and KoSIF join forces on strengthening financed emissions measurement of Korean Financial Institutions

PCAF and KoSIF join forces on strengthening financed emissions measurement of Korean Financial Institutions

This partnership aims to support financial institutions in South Korea to measure and disclose the financed emissions of their portfolios.

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Nordea joins the Partnership for Carbon Accounting Financials

Nordea joins the Partnership for Carbon Accounting Financials

Nordea takes an important step to further strengthen its work to track and measure its climate change risks and impacts by joining the industry-led Partnership for Carbon Accounting Financials (PCAF). This will support Nordea’s commitment to aligning its lending and investment portfolio to the climate goals of the Paris Agreement.

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PCAF Netherlands releases report updating progress of implementation of GHG accounting in Dutch financial industry

PCAF Netherlands releases report updating progress of implementation of GHG accounting in Dutch financial industry

Dutch banks are increasingly measuring the GHG impact of their loans and investments with PCAF.

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PCAF and VfU partner to build capacities on measuring financed emissions of financial institutions in Germany, Austria and Switzerland (DACH region)

PCAF and VfU partner to build capacities on measuring financed emissions of financial institutions in Germany, Austria and Switzerland (DACH region)

The collaboration aims to support financial institutions in Germany, Austria and Switzerland to measure and disclose the financed emissions of their portfolios.

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The Partnership for Carbon Accounting Financials (PCAF) launches first global standard to measure and report financed emissions

The Partnership for Carbon Accounting Financials (PCAF) launches first global standard to measure and report financed emissions

Global standard gives banks, asset owners and asset managers a tool for measuring and reporting greenhouse gas (GHG) emissions associated with loans and investments. With the “Built on Greenhouse Gas Protocol” mark, the PCAF Standard becomes the global reference for GHG accounting for financials.

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CTBC Financial Holding joins the Partnership for Carbon Accounting Financials

CTBC Financial Holding joins the Partnership for Carbon Accounting Financials

It is the 80th financial institution globally to join PCAF, and the first from Taiwan to do so.

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Improved data model to disclose climate impact of loans and investments

Improved data model to disclose climate impact of loans and investments

More accurate data will lead to better disclosures and better decisions

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Partnership for Carbon Accounting Financials (PCAF) launches UK coalition

Partnership for Carbon Accounting Financials (PCAF) launches UK coalition

Initial members are the International business of Federated Hermes, Triodos Bank UK, NatWest Group, Lloyds Banking Group, CDC Group, Investec plc, Ecology Building Society and Nationwide Building Society.

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PCAF reinforces and diversifies its Steering Committee

PCAF reinforces and diversifies its Steering Committee

Collaborating with the Net-Zero Asset Owner Alliance (AOA) , PCAF adds a representative of AOA to its Steering Committee and welcomes NMB Bank from Nepal to its leadership

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Comerica joins the Partnership for Carbon Accounting Financials

Comerica joins the Partnership for Carbon Accounting Financials

A step to strengthening its environmental commitment by working with its customers to limit the impacts of climate change

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Investec passes new climate resolution and joins PCAF

Investec passes new climate resolution and joins PCAF

Investec becomes the second bank in South Africa to commit to measuring and disclosing its financed emissions.

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First global standard drives financial institutions to measure and track the climate impact of their lending and investment portfolios

First global standard drives financial institutions to measure and track the climate impact of their lending and investment portfolios

16 financial institutions led development as part of the Partnership for Carbon Accounting Financials

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Bank of America Largest U.S. Financial Institution to Join The Partnership for Carbon Accounting Financials And Its Core Team

Bank of America Largest U.S. Financial Institution to Join The Partnership for Carbon Accounting Financials And Its Core Team

Partnership Building Methodology for Financed Emissions

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NatWest Group becomes first major UK bank to join the Partnership for Carbon Accounting Financials

NatWest Group becomes first major UK bank to join the Partnership for Carbon Accounting Financials

NatWest Group has become the first major UK bank to sign up to the Partnership for Carbon Accounting Financials (PCAF)

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Morgan Stanley Joins Leadership of Global Carbon Accounting Partnership (PCAF)

Morgan Stanley Joins Leadership of Global Carbon Accounting Partnership (PCAF)

Morgan Stanley becomes the first U.S.-based global bank to join PCAF and its Steering Committee as part of the Firm’s commitment to measuring and disclosing its approach to climate change risk and opportunity

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New partnership to support financial institutions in their alignment with the Paris Agreement

New partnership to support financial institutions in their alignment with the Paris Agreement

PCAF and RMI's Center for Climate-Aligned Finance partner to develop standardized frameworks, methods and data for carbon accounting and climate alignment in the financial sector.

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CBS publishes CO2 emissions of Dutch banks' mortgage portfolios

CBS publishes CO2 emissions of Dutch banks' mortgage portfolios

Insight into CO2 emissions from private mortgage portfolios - the result of a unique collaboration between The Dutch Central Bureau of Statistics (CBS) and PCAF

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Triodos Bank, front runner in impact reporting, discloses financed emissions of entire portfolio

Triodos Bank, front runner in impact reporting, discloses financed emissions of entire portfolio

Useful step to set baseline to improve and monitor progress in working with the bank's customers to reduce emissions

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ABN AMRO, one of the pioneers of PCAF is marking the third year of financed emission reporting

ABN AMRO, one of the pioneers of PCAF is marking the third year of financed emission reporting

This is enabling ABN AMRO to develop innovative products that contribute to reduce GHG emissions and support the achievement of the Paris Agreement’s goals.

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PCAF and CIBAFI sign memorandum of understanding to roll out carbon accounting in the Islamic banking sector

PCAF and CIBAFI sign memorandum of understanding to roll out carbon accounting in the Islamic banking sector

Enabling Islamic banks to measure and disclose the greenhouse emissions financed by loans and investments

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PCAF publishes a guidance to navigate through the cluster of climate initiatives

PCAF publishes a guidance to navigate through the cluster of climate initiatives

Understanding the cluster of climate initiatives will help financial institutions at different levels of progress to identify the most efficient support available to scale their climate efforts.

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The PCAF Dutch group unveils a new carbon accounting report at COP25

The PCAF Dutch group unveils a new carbon accounting report at COP25

With updates and new methods, the group makes a significant contribution towards harmonizing the way financial institutions measure emissions financed by loans and investments

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The PCAF North America group launches its first report on carbon accounting methodologies

The PCAF North America group launches its first report on carbon accounting methodologies

The group developed methodologies to calculate the GHG emissions of loans and investments in six asset classes.

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Global Launch of Partnership for Carbon Accounting Financials (PCAF)

Global Launch of Partnership for Carbon Accounting Financials (PCAF)

50+ Global financial institutions representing 2.9 trillion in assets commit to measure and disclose the carbon emissions of their loans and investments.

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Global banking leaders commit to align carbon footprint with Paris Agreement

Global banking leaders commit to align carbon footprint with Paris Agreement

Following the Global Alliance for Banking on Values Summit in Vancouver, financial leaders have committed to a global effort to track and monitor the carbon impact of their portfolio of loans and investments within three years.

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PCAF report launched at COP24

PCAF report launched at COP24

The latest PCAF report ‘Harmonising and implementing a carbon accounting approach for the financial sector’ was formally launched today, December 10th 2018, at the Climate Summit in Katowice for an audience of international stakeholders.

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New PCAF report presented in Brussels

New PCAF report presented in Brussels

Bas Eickhout, member of the European Parliament and rapporteur Taxonomy sustainable investments, received the new PCAF report today in Brussels.

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Amalgamated Bank launches initiative to measure and reduce climate impact of loan portfolio

Amalgamated Bank launches initiative to measure and reduce climate impact of loan portfolio

Amalgamated becomes first US bank to commit to measuring, reporting, and reducing financed emissions.

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