Utrecht, 16th January 2025 – The Partnership for Carbon Accounting Financials (PCAF) today announces its partnership with Schneider Electric, the leader in the digital transformation of energy management and automation, becoming the first global sustainability consultants to join the PCAF accredited partnership program.
The PCAF accredited partner program for consultancies involves a robust accreditation process that consists of completing PCAF’s comprehensive training platform, the PCAF Academy. Once complete, Schneider Electric will leverage its extensive experience in sustainability consulting to help financial institutions improve their GHG disclosures, integrate decarbonization strategies and implementation roadmaps into their investment profiles, unlocking new opportunities while promoting social good on a global scale.
"We are excited to be PCAF's inaugural global sustainability consultant partner which underscores our dedication to equipping organizations with the tools and expertise needed to navigate financed emissions accounting effectively. Together, we aim to improve the measurement and disclosure of investment related emissions and support our clients in their portfolio decarbonization efforts."
Erik Mohn, Vice President, Global Sustainability Consultancy and Reporting Services for Schneider Electric.
Through this collaboration, Schneider Electric will leverage its extensive experience in sustainability consulting to help financial institutions improve their GHG disclosures, integrate decarbonization strategies and implementation roadmaps into their investment profiles, unlocking new opportunities while promoting social good on a global scale.
“We look forward to working closely with Schneider Electric to enhance the capabilities of financial institutions in measuring and reporting their carbon emissions. Our accredited partnership program is a crucial part of our efforts to support financial institutions in their efforts towards decarbonization and is key to accelerating the transition towards a more sustainable and equitable global economy."
Bart Van Lunteren, Head of Partnerships for PCAF.
ENDS
About PCAF
The Partnership for Carbon Accounting Financials (PCAF) was launched globally in September 2019. Over 530 banks and investors are part of the PCAF initiative, working together to develop the Global GHG Accounting and Reporting Standard for the Financial Industry. PCAF participants are taking significant steps to assess climate-related risks and set targets aligned with the Paris Climate Agreement.
About Schneider Electric
Schneider are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by their deep domain expertise, they provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for their customers. With an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries, they ensure proximity to our customers and stakeholders. They embrace diversity and inclusion in everything they do, guided by their meaningful purpose of a sustainable future for all.
