First Capital Treasuries joins Partnership for Carbon Accounting Financials

First Capital Treasuries PLC joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to transparent climate reporting and enabling the measurement and disclosure of the carbon footprint of its financed activities, in line with the globally recognised standards.

The PCAF is a collaboration between financial institutions worldwide to enable harmonised assessments and disclosures of greenhouse gas (GHG) emissions financed by loans and investments. With more than 700 financial institutions from six continents, the group is rapidly expanding in North America, Latin America, Europe, Africa and Asia-Pacific.

The company joined the PCAF to enhance the measurement and disclosure of GHG emissions associated with its financed activities. By adopting the PCAF methodology, First Capital Treasuries aims to better understand the climate impact of its investment portfolio, strengthen climate-related risk management and align its financing strategies with its broader climate agenda and sustainability commitments. 

“Joining the PCAF marks an important step in strengthening First Capital Treasuries’ commitment to sustainable finance,” said First Capital Treasuries Director and CEO Sachith Perera.