The report documents a milestone year for PCAF. In 2025, the community grew to 719 financial institutions, representing nearly $100 trillion in assets across over 85 countries. This scale reflects continued demand for consistent and comparable approaches to measuring and disclosing greenhouse gas emissions associated with financial activities.
Beyond growth, the Impact Report highlights how PCAF translated expansion into practical support for signatories. In 2025, PCAF updated its Global GHG Accounting and Reporting Standard, expanded technical assistance, enhanced the PCAF Academy, integrated the Comprehensive Environmental Data Archive into the PCAF Database, and launched a new Signatory Portal. Together, these resources are designed to support financial institutions at different stages of implementation and across diverse regional contexts.
The report also underscores PCAF’s increasing engagement with regulators and policymakers. Through the launch of the Engagement Group for Central Banks and Financial Regulators, PCAF strengthened dialogue on GHG accounting, supporting alignment and consistency across evolving regulatory frameworks.
By publishing its first Annual Impact Report, PCAF establishes a baseline for transparency and accountability. Looking ahead to 2026, priorities include inclusive growth, improved data availability, expanded disclosure support, and continued development of the Standard.
Read the full Impact Report 2025 to learn more about PCAF’s progress and priorities here.
