Kathmandu Laxmi Bank has joined Partnership for Carbon Accounting Financials 9PKF as a last step in continuing its commitment to sustainable environment.

PKAF is a collaboration between financial institutions around the world to assist in the assessment and information of greenhouse gas emissions. The Science-Based Target Initiative has also recognized PKF's method as a global method of evaluating greenhouse gas emissions of financial products.

Lakshmi Bank will also support Nepal's national commitment in COP-26 by joining PKF and moving towards a net-zero future. The partnership reflects the Bank's long-standing commitment to reducing environmental impact through responsible business operations.

"We are confident that the measurement and reporting of financial emissions from our business will help guide our risk assessment and climate strategy," said Ajay Shah, Chief Executive Officer, Lakshmi Bank.