Capri Loans joins Partnership for Carbon Accounting Financials

2026-08-16 02:50:40 Business

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Mumbai, 2nd March, 2026: Capri Global Capital Ltd. (Capri Loans), a leading non-banking financial company, announces its signing of Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to advancing climate transparency and strengthening its sustainable finance framework. With this initiative, Capri Loans has further strengthened its commitment to climate accountability and responsible finance by becoming a signatory to PCAF. As part of this engagement, the Company will adopt the globally recognised PCAF methodology to measure and disclose financed emissions across its lending portfolio, reinforcing transparency and alignment with evolving global sustainability standards.

By formally becoming a PCAF signatory, Capri Loans aims to enhance its carbon accounting practices, integrate climate risk assessment into its lending and investment decisions, and align its sustainability disclosures with internationally accepted frameworks. The move reflects the Company’s broader commitment to embedding environmental, social, and governance (ESG) principles into its long-term growth strategy.

On this partnership, Jinisha Sharma, Principal-ESG & Impact Investments said, “India’s climate transition presents both responsibility and opportunity for financial institutions. As a responsible NBFC, we recognise our role in enabling sustainable growth by measuring and managing financed emissions. Joining PCAF is a significant step in strengthening our climate risk governance and ensuring transparent, data-driven disclosures aligned with global standards. We remain committed to supporting India’s transition towards a low-carbon economy while creating long-term value for all stakeholders.”

The Partnership for Carbon Accounting Financials (PCAF) is a global collaboration of more than 700 financial institutions across six continents. The initiative enables harmonised assessments and disclosures of emissions associated with financial activities.

For Capri Loans, joining PCAF marks a significant milestone in embedding climate risk assessment into core financial decision-making processes. As regulatory expectations and stakeholder scrutiny around climate accountability increase, measuring financed emissions has become central to sustainable finance strategies. Through this collaboration, Capri Loans will leverage PCAF’s Global GHG Accounting and Reporting Standard for the Financial Industry to enhance the accuracy, consistency, and comparability of its climate disclosures.

About Capri Global Capital Ltd:

Capri Global Capital Limited (“Capri Loans”) is a well-diversified retail focused Non-Banking Financial Company listed on the BSE Limited and the NSE Limited. Capri Loans has AUM of over Rs 30,000 crores and serves customer base of over 6.3 Lakhs through more than 13,000+ employees and 1,330+ branches as of December 31st, 2025 across India. Capri Loans offers a wide range of secured and collateralized loans across four primary lending segments - MSME Loans, Gold Loans, Construction Finance and Housing Loans offered through its 100% subsidiary, Capri Global Housing Finance Limited (“CGHFL”). Capri Loans also has fee-based businesses such as distribution of car loan products and has a composite license for distribution of Life, General and Health insurance policies.

About the Partnership for Carbon Accounting Financials (PCAF):

The Partnership for Carbon Accounting Financials (PCAF) was launched globally in September 2019. Currently, more than 700+ financial institutions have subscribed to the PCAF initiative. PCAF participants work together to jointly develop the Global GHG Accounting and Reporting Standard forthe Financial Industry to measure and disclose the greenhouse gas emissions of their loans and investments.