More and more Dutch financial institutions embrace PCAF's CO2 measurement method

The number of Dutch banks, insurers, and pension funds working on calculating the climate impact of their loans and investments is growing. Currently, seventeen financial institutions with a total managed asset of 2 trillion euros are part of the Partnership for Carbon Accounting Financials (PCAF), which has developed a methodology to assess the CO2 emissions of loans and investments. 

This is revealed in the latest report from the seventeen Dutch participants of PCAF, which was presented today during the climate summit in Madrid and handed over to Climate Envoy Marcel Beukeboom. 

Expanded methodology In the report, the seventeen PCAF participants, including Van Lanschot Kempen, provide an update on the progress made with the PCAF methodology. This is a method to report the CO2 emissions of the activities of financial institutions. This methodology has been further expanded over the past year, making it applicable to a wider range of loans and investments. The report also provides other financial institutions with practical guidance if they wish to implement the PCAF methodology. 

Van Lanschot Kempen has been involved in the initiative since its inception in 2015, first as an advisor and since 2018 as a participant. 

Want to know more about sustainability at Van Lanschot Kempen? Read Our approach to sustainability.