PCAF Global GHG Accounting and Reporting Standard for the Financial Industry

Standard for measuring and reporting financed greenhouse gas emissions across asset classes including loans, investments, and insurance. Applies to banks, asset managers, and insurers.

PCAF Standard applies to commercial banks, investment banks, development banks, asset owners, asset managers, insurance companies, reinsurance companies.

AuditDSS has decomposed PCAF Standard into 219 atomic obligations from 16 rules. Each obligation is independently testable and risk-scored.

The key requirements include: GHG accounting for financed emissions across 10 asset classes, scope 3 category 15 emissions measurement and reporting, attribution factor calculation per asset class, data quality scoring and improvement, facilitated emissions from capital market activities, insurance-associated emissions from underwriting portfolios, annual public disclosure of absolute emissions, baseline recalculation policy, separation of financed, facilitated, and insurance-associated emissions.

Upload your compliance policy to AuditDSS. The platform maps your document against all 219 PCAF Standard obligations using deterministic AI scoring — not checklists or LLM summaries. You get a risk-scored gap analysis showing exactly which obligations are covered, partially covered, or missing.

PCAF Standard is enforced in International by Partnership for Carbon Accounting Financials.

PCAF Standard became effective on January 15, 2025.

PCAF Standard is primarily relevant to the Carbon & ESG Reporting industry. AuditDSS covers 58 regulations in this industry sector.