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Partnership for Carbon Accounting Financials Commitment Letter

Partnership for Carbon Accounting Financials Commitment Letter · 2020. 10. 14. · Commitment letter All financial institutions involved in the Partnership for Carbon Accounting

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Page 1: Partnership for Carbon Accounting Financials Commitment Letter · 2020. 10. 14. · Commitment letter All financial institutions involved in the Partnership for Carbon Accounting

PCAF COMMITMENT LETTER PAGE 1 OF 2

Partnership for Carbon Accounting Financials

Commitment LetterPartnership for Carbon Accounting Financials

Commitment Letter

Page 2: Partnership for Carbon Accounting Financials Commitment Letter · 2020. 10. 14. · Commitment letter All financial institutions involved in the Partnership for Carbon Accounting

PCAF COMMITMENT LETTER PAGE 2 OF 2

Commitment letterAll financial institutions involved in the Partnership for Carbon Accounting Financials (“PCAF”) pledged and adhere to the following commitment. By joining PCAF, our financial institution also commits to adhere to this:

Addressing the urgent challenge of climate change, and decarbonizing our economy, is more pressing now than ever. That is why we have committed to measure and disclose the greenhouse gas (GHG) emissions associated with our portfolio of loans and investments within a period of three years using jointly developed GHG accounting methodologies, in order to ultimately enable the alignment of our portfolio with the Paris Climate Agreement.

We want to share and learn from credible GHG accounting practices to find solutions to shared challenges. We hope this will encourage and stimulate the adoption of GHG accounting and target setting in the financial sector on a larger and mainstream scale.

We will contribute to the overall objective of PCAF, which is to secure the public commitment (via signed commitment letters) of at least 250 participating financial institutions globally to measure and disclose the GHG emissions of their loans and investments within a period of three years. Together we will collaborate to achieve transparency and uniformity in GHG accounting.

We acknowledge that our commitment will be recognized on the PCAF website and social media accounts, as well as at other communication activities such as events where the initiative is showcased.

About PCAF

The Partnership for Carbon Accounting Financials (PCAF) is an initiative led by the financial industry to develop a harmonized global standard to measure and disclose the greenhouse gas (GHG) emissions of loans and investments, in order to ultimately enable financial institutions to set science-based targets and align their portfolio with the Paris Climate Agreement. The partnership is open-access and free-of-charge.

Page 3: Partnership for Carbon Accounting Financials Commitment Letter · 2020. 10. 14. · Commitment letter All financial institutions involved in the Partnership for Carbon Accounting

Financial institution informationFinancial institution name (please indicate correct spelling, capitalization and punctuation to be used in public communications)

Sector categorization. Please indicate the category that applies to your institution. PCAF uses the GRI business activity groups

Commercial bank Investment bank Development bank Asset owner/managers (mutual funds,

pension funds, closed-end funds, investment trusts) Insurance

Website

Country where the financial institution is headquartered

Ticker symbol (if applicable)

Social media links

Total financial assets in US$ (including assets under management)

Asset classes in our portfolio (e.g. mortgage, real estate, project finance, corporate debt, listed and private equity, etc.)

Primary contact information Communications contact informationFirst Name First Name

Last Name Last Name

Job title Job title

Email address Email address

Telephone number Telephone number

Date Signature (paste image here or print, sign and scan)

Name in print

Job title