Al Baraka Tunisia joins PCAF
Al Baraka Bank Tunisia has announced its participation in the Carbon Accounting for Financial Institutions (PCAF) initiative, an international initiative bringing together over 750 financial institutions worldwide. The goal is to develop standardized methodologies for measuring and disclosing greenhouse gas emissions associated with financing activities. The bank is the first Islamic bank in Tunisia to join the initiative and the second within the Tunisian banking sector. This step reflects its commitment to promoting sustainable finance and integrating international standards into risk management and environmental and social policies. The aim of this membership is to enhance transparency, reduce carbon emissions, and contribute to building a more responsible and sustainable economy.
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