Platcorp is proud to announce that it has officially become a frontier signatory to the Partnership for Carbon Accounting Financials (PCAF) Initiative. This marks a significant milestone in our sustainability journey and underscores our position among the pioneering African financial institutions leading the adoption of globally recognised financed emissions accounting standards.
PCAF, launched in 2019, is a global initiative comprising over 700 financial institutions working to standardise the measurement and disclosure of financed emissions. PCAF provides industry-leading methodologies that enable financial institutions to measure, report, and reduce their climate impact.
The microfinance sector has historically been deprioritised when it comes to Scope 3 emissions accounting methodologies. Platcorp has gone above and beyond to develop an innovative and novel approach to this problem for the sector. According to an independent review by Anthesis carried out in February 2026, financed emissions account for approximately 80% to 90% of Platcorp’s total greenhouse gas footprint. By signing up to PCAF, Platcorp has formally committed to measuring and publicly disclosing the greenhouse gas emissions associated with its loans and investments (Scope 3, Category 15).
"Joining PCAF is a strategic step that moves us beyond simple estimation toward rigorous, data-driven climate accountability," said Jonty Rawlins, Director of Sustainability at Platcorp Group." For a diversified financial services group operating across Eastern and Southern Africa, understanding our financed emissions is critical. This partnership provides us with the tools to accurately measure our carbon footprint and, more importantly, to work with our clients toward a lower-carbon future in a way that is credible and transparent to our global investors and partners.”
As a PCAF member, Platcorp will benefit from access to globally standardised methodologies and an extensive emission factor database, including Africa-relevant data for key markets such as Kenya, Uganda, Tanzania, Zambia and beyond. The membership also provides technical guidance through the PCAF Academy, participation in regional African working groups, and support in setting Science Based Targets (SBTi) aligned with global climate goals.
This commitment strengthens Platcorp’s credibility with investors, development finance institutions (DFIs) and regulators, as the group aligns with international best practices in climate disclosure. This milestone reinforces our commitment to embedding climate responsibility into our core business strategy and positions Platcorp at the forefront of climate accountability within Africa’s financial sector.