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New Delhi: EKI Energy Services Ltd., a global provider of carbon consulting and climate action solutions, has become the second entity in India to enroll in the Partnership for Carbon Accounting Financials (PCAF) accreditation program. The initiative aims to help financial institutions measure and report greenhouse gas (GHG) emissions linked to their loans and investments.
The move comes as India’s sustainable finance sector grows, supported by frameworks like the Reserve Bank of India’s Green Finance Framework and the country’s net zero commitment by 2070. EKI’s participation in the program is expected to strengthen efforts to align financial practices with global climate objectives.
“As part of the PCAF accreditation journey, we aim to support financial institutions in South Asia to measure, report, and manage their portfolio emissions, helping drive the transition to a low-carbon future,” said Manish Dabkara, Chairman and Managing Director, EKI Energy Services.
The PCAF program involves training under the PCAF Academy, equipping consultancies with expertise to implement the Global GHG Accounting and Reporting Standard for the Financial Industry.
The program allows accredited partners like EKI to guide institutions in adopting science-based targets aligned with the Paris Agreement, according to PCAF Accredited Partner Lead Bart van Lunteren.
- Published On Dec 17, 2024 at 08:39 AM IST
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