07/17/2024 | Press release | Archived content
The Partnership for Carbon Accounting Financials (PCAF) has appointed Prajna Khanna, Global Head of Sustainability at Prosus Group and Naspers Limited, to its Board of Directors. With over 20 years working in sustainability roles spanning NGOs, banking and consumer businesses, Prajna brings a wealth of experience to the PCAF Board and will help to ensure that PCAF's activity remains tightly aligned with the needs of the international financial sector.
Launched in 2019, PCAF works with over 490 financial institutions to develop the Global GHG Accounting and Reporting Standard for the Financial Industry to measure and disclose the greenhouse gas emissions associated with portfolios of loans, investments, provision of insurance, and other financial products and services. By adhering to this standard, signatories are taking an important step towards assessing climate-related risks, setting targets in line with the Paris Climate Agreement, and developing effective strategies to decarbonise our society.
Also joining the PCAF Board are Justine Bolton, Carbon and Biodiversity Specialist at FirstRand Limited and Alison Vipond, Climate Specialist at Lloyds Banking Group.
For further details on these Board appointments, read the PCAF press release here.