IndusInd Bank Joins Partnership for Carbon Accounting Financials (PCAF)

IndusInd Bank announced its membership in the Partnership for Carbon Accounting Financials (PCAF), a global initiative focused on measuring and disclosing greenhouse gas (GHG) emissions from financial activities. This move aligns with the bank's commitment to integrating ESG factors into its business strategy and risk management. By joining PCAF, IndusInd Bank aims to enhance transparency, improve climate-related disclosures, and establish a framework for managing the carbon footprint of its lending and investment portfolio. The bank will leverage the PCAF methodology to set a baseline for emissions, identify decarbonization opportunities, and support clients in their transition to lower-carbon models. This initiative is part of IndusInd Bank's broader sustainable finance agenda, which includes financing renewable energy and other climate-positive sectors.