DTB joins the Partnership for Carbon Accounting Financials

Strengthening climate disclosure and sustainable finance through globally recognised carbon accounting standards.

Diamond Trust Bank (DTB) has joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative that enables financial institutions to measure and disclose greenhouse gas emissions associated with their financial activities.

The membership covers DTB’s banking franchises in Kenya, Tanzania and Uganda, reflecting the Group’s commitment to strengthening climate-related disclosures, enhancing transparency, and building a consistent approach to measuring emissions associated with financial activities across its regional footprint.

PCAF brings together more than 750 financial institutions worldwide committed to improving the consistency, transparency, and comparability of emissions accounting across the financial sector. Through its membership, DTB Group will gain access to internationally recognised methodologies and guidance that support the measurement and reporting of emissions associated with lending and investment activities.

The membership forms part of DTB’s broader sustainability agenda and commitment to strengthening climate-related disclosures, enhancing transparency, and supporting the transition to a more sustainable and resilient economy.

Commenting on the announcement, Nasim Devji, Group Chief Executive Officer said: “As a responsible financial institution, we recognise the important role banks play in supporting the transition to a more sustainable and resilient economy. Joining PCAF is an important milestone in our sustainability journey and will help us strengthen climate-related disclosures, improve our understanding of emissions associated with our financial activities, and support informed decision-making across the Group”.

As sustainability considerations become increasingly important to businesses, investors, regulators, and communities, DTB remains committed to strengthening its sustainability capabilities and supporting responsible economic growth across East Africa. Through initiatives such as PCAF, the Group continues to build the tools, partnerships, and expertise needed to create long-term value for its stakeholders.