Difference between revisions of "Partnership for Carbon Accounting Financials"
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The Global GHG Accounting and Reporting Standard was developed by the PCAF Global Core Team, a heterogeneous group of banks and investors of varied sizes and from different regions. The purpose of the Standard is to provide financial institutions with transparent, harmonized methodologies to measure and report the emissions they finance through loans and investments. | The Global GHG Accounting and Reporting Standard was developed by the PCAF Global Core Team, a heterogeneous group of banks and investors of varied sizes and from different regions. The purpose of the Standard is to provide financial institutions with transparent, harmonized methodologies to measure and report the emissions they finance through loans and investments. | ||
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| + | == GHG Protocol References == | ||
| + | The Global GHG Accounting and Reporting Standard for the Financial Industry builds on the [[GHG Protocol]] standards for corporate reporting such as | ||
| + | * the GHG Protocol Corporate Accounting and Reporting Standard | ||
| + | * the Corporate Value Chain (Scope 3) Accounting and Reporting Standard, and | ||
| + | * the supplemental Technical Guidance for Calculating Scope 3 Emissions. | ||
| + | |||
== PCAF Asset Classes == | == PCAF Asset Classes == | ||
| − | The Standard currently covers the following asset classes: | + | The Standard currently covers (proposes specific methodologies) for the following asset classes: |
* Listed Equity and Corporate Bonds | * Listed Equity and Corporate Bonds | ||
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* Motor Vehicle Loans | * Motor Vehicle Loans | ||
| − | == GHG | + | == PCAF requirements of GHG accounting and reporting == |
| − | The | + | The PCAF Standard supplements the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard by providing additional detailed guidance per asset class. The complete list is available [[PCAF GHG Accounting and Reporting Requirements | here]] |
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== See Also == | == See Also == | ||
Revision as of 17:20, 20 April 2021
Contents
Definition
Partnership for Carbon Accounting Financials (PCAF) is a financial industry-led partnership to facilitate transparency and accountability of the financial sector to the Paris Agreement
The Global GHG Accounting and Reporting Standard was developed by the PCAF Global Core Team, a heterogeneous group of banks and investors of varied sizes and from different regions. The purpose of the Standard is to provide financial institutions with transparent, harmonized methodologies to measure and report the emissions they finance through loans and investments.
GHG Protocol References
The Global GHG Accounting and Reporting Standard for the Financial Industry builds on the GHG Protocol standards for corporate reporting such as
- the GHG Protocol Corporate Accounting and Reporting Standard
- the Corporate Value Chain (Scope 3) Accounting and Reporting Standard, and
- the supplemental Technical Guidance for Calculating Scope 3 Emissions.
PCAF Asset Classes
The Standard currently covers (proposes specific methodologies) for the following asset classes:
- Listed Equity and Corporate Bonds
- Business Loans and Unlisted Equity
- Commercial Real Estate
- Mortgages
- Project Finance
- Motor Vehicle Loans
PCAF requirements of GHG accounting and reporting
The PCAF Standard supplements the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard by providing additional detailed guidance per asset class. The complete list is available here
