CVI has joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative that brings together more than 600 financial institutions across six continents. Its goal is to establish common international standards for measuring and reporting greenhouse gas (GHG) emissions financed through loans and investments. This milestone marks another step in CVI’s commitment to sustainable development and the implementation of UN Sustainable Development Goal 13 – “Climate Action.”

Common standards for finance and climate

PCAF helps financial institutions understand how investment decisions impact the climate, enabling them to better manage risks, identify opportunities, and plan effective decarbonization strategies. As part of its commitment to the PCAF Standard, CVI will begin measuring greenhouse gas emissions across Scopes 1, 2, and 3 by the end of 2025, following the organization’s international methodology. At the same time, CVI will conduct analyses in the areas of decarbonization and climate neutrality, covering both its own operations and the institutional funds it manages.

Dr. Jolanta Turek, ESG Director at CVI said: “Transparent and consistent emissions reporting is key to effective climate action. Understanding the sources of emissions enables more informed and responsible financial decisions, supporting the industry’s collective efforts toward decarbonization.”

ESG in CVI’s investment practice

Since 2019, CVI has been a signatory to the UN Principles for Responsible Investment (UN PRI), as one of the first fund management institutions in Central and Eastern Europe. Since then, the firm has consistently integrated the principles of sustainable development and responsible investing throughout its investment process. In practice, this means that environmental, social, and governance factors are assessed from the earliest stages of project evaluation and are subsequently incorporated into due diligence and investment decision-making. CVI has developed its own ESG analysis framework and evaluation system, which enables continuous monitoring of progress and potential risks throughout the investment lifecycle. Issuers regularly provide ESG data, forming the basis for annual reports prepared for the funds’ investors.

By joining PCAF, CVI reinforces its commitment to climate action and reaffirms that responsible investing is an integral part of the company’s long-term growth strategy.

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