NatWest: Joins Partnership for Carbon Accounting Financials
- PCAF participants work together to jointly develop the Global Carbon Accounting Standard for the financial industry to measure
- NatWest Group has become the first major UK bank to sign up to the Partnership for Carbon Accounting Financials (PCAF)
- PCAF is collaboration between financial institutions worldwide to enable harmonized assessments
- With nearly 70 banks and investors from five continents, the group is rapidly expanding in North America, Latin America, Europe
- As part of its Purpose-led strategy, NatWest Group set itself a challenge to at least halve the climate impact of its financing activity by 2030
- Joining PCAF today demonstrates its determination to not just play its part, but to lead on the collaboration
