The institution’s existing approach to financed emissions was not sustainable for meeting the demands of frameworks like PCAF and Bursa Malaysia:
Manual, Consultant-Driven Reporting: Reliance on costly external consultants and static spreadsheets was inefficient and led to high costs.
Data Inaccuracy Risks: The use of outdated emission factors introduced potential calculation errors and significant compliance risks.
Lack of Scalability: The existing tools could not support broader emissions coverage as the investment portfolio continued to grow.
Fragmented Data & Workflows: Siloed data limited internal visibility and created bottlenecks in the assurance and audit preparation process.