Persefoni Finance provides banks with a single source of truth across their operating and financed emissions to transparently meet their carbon disclosure objectives. We help banks actively manage their footprints by incorporating carbon into day to day decision making processes.
With 40% of global banking assets committed to net-zero by 2050 under the Net Zero Banking Alliance (NZBA) and mounting pressure from governments, regulators and capital markets, banks of all sizes now feel the need to calculate and disclose their financed emissions. The proposed SEC rule has accelerated action and climate reporting is elevated to the boardroom. Clients look towards their bankers to seek advice on where to get started and banks want to establish themselves as the go to partner for transition financing.
Financed Emissions: Can Banks Change Before the Climate Does?
Persefoni supports banks in building out regulatory grade carbon disclosure practices having codified the Partnership for Carbon Accounting Financials (PCAF) - the global accounting standard for financed emissions. We provide you with a single source of truth across both operations and your financed emissions that is auditable and prepares you for alignment with regulations. Operationalize your decarbonization strategy by making Persefoni available to bankers to drive client conversation around transition planning and tracking client level progress. Risk managers can leverage granular emissions data for transition risk modeling and your portfolio management team to start incorporating carbon into capital allocation decisions with intensity based metrics on client and portfolio level. Upon calculating a baseline based on the best available data for each client segment, the next step is to keep pushing for accuracy by collecting physical activity data. Banks can also make Persefoni directly available to clients with high exposures such as those operating in hard to abate sectors to calculate an audit-ready footprint. We reduce the complexities of carbon accounting and lower barriers of entry for bankers and your clients.
When you work with Persefoni, you have a team that understands the nuanced and specialized financial services industry. Persefoni’s Climate Management and Accounting Platform (CMAP) is built on decades of experience in carbon accounting for financial institutions. Our teams’ carbon accounting credentials include deep experience in financial services and sustainability sectors, and our strategic partnerships with climate consulting experts like Bain & Co and integrations with reporting solutions such as Workiva have created offerings that are highly complementary to our solution.
SEC Lawyer Jumps to Startup That Helps Companies Comply With Climate Regulations
Persefoni CEO Kentaro Kawamor said Emily Pierce comes to his company with "insight and international relationships" in disclosure regulation that are "truly second to none."
SEC's Pierce Joins Persefoni
Emily takes role as Associate General Counsel and VP of Global Regulatory Climate Disclosure