Collaboration Aims to Support Financial Institutions in Decarbonization Efforts
The Partnership for Carbon Accounting Financials (PCAF) today announced a strategic collaboration with StepChange, a leading sustainability platform in India. This partnership marks a significant milestone for both organizations as they work together to drive the transition to a more sustainable economy in the Global South.
As the first regional partner in the Global South to join PCAF’s accredited partner program, StepChange will play a pivotal role in supporting financial institutions in India to measure, manage, and report their carbon emissions and climate impact. This collaboration aligns with PCAF’s mission to facilitate the alignment of the financial sector with global sustainability goals.
Nagadarsan Suresh, Strategic Partnerships Lead for PCAF, expressed his enthusiasm for the partnership, stating, “We are thrilled to welcome StepChange as an accredited regional partner. Their expertise and commitment to sustainability make them an ideal partner to support financial institutions in India on their decarbonization journey.”
Ankit Jain, Co-Founder & CEO of StepChange, added, “We are honored to be PCAF’s first regional partner in India and the Global South. This accreditation reinforces our dedication to sustainability and empowers us to provide financial institutions with the tools and knowledge they need to effectively address climate change.”
Through this collaboration, PCAF and StepChange aim to create a more transparent and accountable climate action landscape in India and the Global South. By providing financial institutions with access to the PCAF Database and technical assistance, the partnership will contribute to the development of a more sustainable financial sector.