IndusInd Bank Joins Partnership for Carbon Accounting Financials Commitments ESG Integration

IndusInd Bank Joins Partnership for Carbon Accounting Financials Commitments ESG Integration

IndusInd Bank Joins Partnership for Carbon Accounting Financials Commitments ESG Integration​

Mumbai: IndusInd Bank Limited has joined the global Partnership for Carbon Accounting Financials (PCAF), signifying a deepened commitment toward measuring and managing emissions associated with financial activities in support of a low-carbon economy.

The decision marks a significant step in the Bank's sustainability journey, reflecting its dedication to integrating environmental, social, and governance ESG considerations into its business strategy and risk management processes. By participating in PCAF, IndusInd aims to enhance transparency and establish a robust framework for measuring and managing the carbon footprint linked to its lending and investment portfolio.

PCAF is a global collaboration bringing together financial institutions dedicated to developing and implementing a harmonized approach for measuring and disclosing greenhouse gas GHG emissions related to their financial activities. The initiative helps participating financial institutions better understand climate-related risks and opportunities while supporting the transition toward a more sustainable economy.

IndusInd Bank has been actively advancing its sustainable finance agenda by financing renewable energy, energy efficiency, sustainable infrastructure, and other climate-positive sectors. By adopting the PCAF methodology, the Bank intends to establish a credible baseline for emissions associated with financial activities, identify decarbonization opportunities across various sectors, and support customers in transitioning toward lower-carbon business models.

Global Scope of PCAF and IndusInd’s Reach​

The Partnership for Carbon Accounting Financials was launched globally in September 2019. It currently includes more than 750 financial institutions worldwide. PCAF signatories work jointly to develop the Global GHG Accounting and Reporting Standard for the Financial Industry, which aims to measure and disclose greenhouse gas emissions linked to their financial activities.

IndusInd Bank has built a foundation of trust over 32 years in redefining banking services, catering to diverse stakeholders including large corporations, government entities, PSUs, retail customers, and SMEs. As of June 30, 2026, the Bank serves approximately 42 million customers through its extensive network of 3,137 branches/banking outlets and 2,853 ATMs, reaching 1.60 lakh villages across India.

The Bank’s capabilities are underpinned by a range of financial strengths and operational ratings, which reflect its stability and commitment to the market.

Financial Ratings Summary
InstitutionRating TypeAgencyRating
Certificate of DepositsDomesticCAREA1+
Short Term FD ProgramDomesticCRISILA1+
Infrastructure Bonds Program/Tier 2 BondsDomesticCRISILAA+
Senior Bonds Program/Tier 2 BondsDomestic & InternationalIND / India Ratings and ResearchAA+
Senior Unsecured MTN ProgrammeInternationalMoody's Investors ServiceBa1

The bank’s product offerings are extensive, including microfinance, personal loans, SME loans, debit/credit cards, vehicle financing, advanced digital banking facilities, and various innovative ESG-linked financial products.

INDUSINDBK Stock Price Movement​

Shares of IndusInd Bank Limited are edging higher to ₹1012.3 as of 2:32 PM today, gaining ₹1.70 or 0.17% in live trading. The stock has seen robust activity, with a total traded volume clocking in at 269,743 shares.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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