The PCAF APAC team is formed by all financial institutions with headquarters in Asia that participate in PCAF. The team is led by a regional chair, Ms. Rachael Kao, President and Spokesperson of CTBC Financial Holding.
Ms. Kao is in charge of overseeing the management of the company, strengthening synergy and cross-selling among subsidiaries, facilitating business development, and implementing corporate sustainability, in addition to her role as spokesperson.
The PCAF APAC team enables peer-to-peer collaboration to share experiences and lessons learned among its members regarding the implementation of greenhouse gas (GHG) accounting methods in their portfolios. Team members will adopt the Global GHG Accounting and Reporting Standard and eventually develop bespoke local guides to facilitate application in different national contexts.
By measuring emissions financed by their loans and investments, the PCAF APAC team takes the first step required to assess climate-related risks, set targets in line with the Paris Climate Agreement and develop effective strategies to decarbonize our society.
Provided the large size of the region, as well as its distinctive national contexts, the team would in due course work via national teams.
If your financial institution is interested in joining the PCAF APAC team, please contact the PCAF Secretariat.
Part A of the PCAF Standard is available in Japanese.
PCAF Standard - Part A: Japanese
The most recent report from the PCAF regional implementation team North America is available in Chinese.
Additionally, the 2019 report from PCAF Netherlands is available in Chinese. The Dutch PCAF team has been working on GHG accounting since 2015.
PCAF Japan was formed in November 2021 to further promote
the expansion of measurement and disclosure of financed GHG emissions by
Japanese financial sector. The aim of this coalition is to foster stronger
collaboration which will enable Japanese PCAF signatories to improve the data
quality and steer their portfolio in line with the Paris Agreement.
PCAF Japan coalition’s Japan Report details the annual activities
and advances in emissions disclosure the group has made. Looking ahead, PCAF
Japan also publishes its workplan every financial year.
PCAF Japan is chaired by Mizuho Financial Group and CSR
Design Green Investment Advisory Co., Ltd. (CSR Design) acts as the Secretariat
for PCAF Japan.
Latest Report and Workplan:
PCAF Japan Coalition Report 2026
Previous reports and Workplans:
PCAF Japan Coalition Report 2025
