PCAF (Partnership for Carbon Accounting Financials)

The Partnership for Carbon Accounting Financials (PCAF) is a global partnership of financial institutions that work together to develop and implement a harmonized approach to assess and disclose the greenhouse gas emissions associated with their loans and investments. PCAF provides a global standard for the measurement and disclosure of financed emissions, which can help financial institutions align their portfolios with the goals of the Paris Agreement.

PCAF data quality scores are used to assess the reliability and accuracy of the reported financed emissions data. The scores range from 1 to 5, with 1 indicating the highest quality (verified, reported emissions) and 5 representing the lowest quality (estimation models). These scores help stakeholders gauge the credibility of financed emissions disclosures and encourage continuous improvement in data quality over time.