Emissions Accounting for the Financial Sector
Date And Time
XRB PCAF webinar: GHG Accounting and Reporting Standard for the Financial Industry
The XRB is developing a climate-related disclosures framework for Aotearoa New Zealand based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The TCFD’s latest guidance recommends that asset owners should use the PCAF Standard, or a comparable methodology, when they “disclose GHG emissions for assets they own and the weighted average carbon intensity (WACI) for each fund or investment strategy, where data and methodologies allow”.
This webinar aims to help inform climate reporting entities and others about the PCAF Standard, as a way to assess and disclose GHG emissions of loans and investments.
PCAF Program Manager and Associate Director at Guidehouse
Angélica Afanador is Associate Director at Guidehouse advising financial institutions on their transition to net-zero emissions. She is also the Program Manager of the Partnership for Carbon Accounting Financials (PCAF), an initiative that enables banks and investors to measure the emissions associated with loans and investments.
Angélica combines strategy consulting experience with expertise in sustainable and climate finance. With more than 15 years’ experience, Angélica has a track record of advising clients on their decarbonization journey.
Her most notable recent work centers on working with financial institutions on assessing the climate impact of their loans and investments, setting targets that align their portfolios with the Paris Climate Agreement, and identify pragmatic actions that would help financial institutions achieve the targets. Throughout this journey, she helps financial institutions find new and attractive products to offer to their clients, enabling the realization that financing the global transition to a net zero emissions economy can be compatible with their financial goals. Angélica co-developed a harmonized framework to set science-based targets for the financial industry and leads Guidehouse’s work on science-based targets for financial institutions.
Angélica is author of several publications on climate and sustainability issues. Prior to joining Guidehouse, she spent half a decade working in international climate and energy projects in Latin America, Africa and Asia with the World Bank and the United Nations