IndusInd Bank takes major climate step: Joins global PCAF initiative to track carbon footprint
Mumbai/IBNS, Aug. 20 -- IndusInd Bank has announced that it has joined the Partnership for Carbon Accounting Financials (PCAF), a global collaboration of financial institutions working to develop and implement a harmonised approach for measuring and disclosing greenhouse gas (GHG) emissions associated with financial activities.
Joining PCAF marks an important milestone in the Bank's efforts to enhance transparency, strengthen climate-related disclosures, and establish a robust framework for measuring and managing the carbon footprint associated with its lending and investment portfolio.
PCAF enables financial institutions to assess and disclose the emissions linked to their financial activities, helping them better understand climate-re...
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