Measuring Carbon Emissions across Lending and Investment Portfolios Globally

Guidehouse supports industry-led partnership to standardize carbon accounting for the financial sector

More than 50 global financial institutions, representing $2.9 trillion in assets, have committed to measure and disclose the carbon emissions of their loans and investments. The banks and pension funds have joined forces in the Partnership for Carbon Accounting Financials (PCAF) which was launched in New York today.

Guidehouse supported the development of this first-ever global carbon accounting initiative. The open-access, free-of-charge initiative allows banks across the world to assess the greenhouse gas emissions of their portfolios on the path to aligning their business strategies with the Paris Climate Agreement. Guidehouse serves as the Secretariat of PCAF and provides technical assistance to PCAF participants in the development and implementation of a global carbon accounting standard.

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