UBA becomes first financial institution in W/Africa to join PCAF

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United Bank for Africa (UBA) Plc, has been admitted as a member of the prestigious Partnership for Carbon Accounting Financials (PCAF). By this admission, UBA is the only financial institution from West Africa to be selected and listed among the 14 members of the global core team representing all regions.

The selection process, which attracted over 50 highly qualified candidates from the PCAF signatory community, highlighted UBA’s exceptional commitment and leadership in sustainable finance, and as a core team member, the bank will contribute to the development of international accounting standards for the financial industry.

The Chief Executive Officer, PCAF, Ace Robinson, commended UBA and the new core team members for their exemplary contributions.

He specifically pointed out that UBA is the only bank from West Africa on the global core team, emphasising the bank’s alignment with PCAF standards.

He said, “UBA stood out exceptionally after a rigorous application process, which attracted over 50 highly qualified candidates from across the PCAF signatory community. The bank is the only financial institution from West Africa to be listed on the prestigious global core team, that is, commendable and shows that UBA is indeed in the forefront when it comes to pushing the Carbon Accounting agenda”

UBA’s Head of Sustainability, Chidozie Ezike, emphasized the bank dedication to inclusivity, social responsibility, decarbonization, responsible business practices, and strong governance.