NIC ASIA Bank Joins Global Initiative for Carbon Accounting and Sustainability

NIC ASIA Bank Limited (NICA) has joined the Partnership for Carbon Accounting Financials (PCAF), a global initiative with over 480 financial institutions aimed at standardizing the assessment and disclosure of greenhouse gas emissions from loans and investments.

This move highlights the bank's dedication to environmental sustainability and transparent carbon footprint evaluation.

The CEO Roshan Kumar Neupane emphasized the bank's commitment to eco-friendly practices and strategies.

As one of Nepal's largest banks, NIC ASIA operates 360 branches, 671 ATMs, 118 extension counters, and 51 branchless banking units, with a significant presence in underserved rural areas, serving 72% of its branches in rural and semi-urban regions where the majority of Nepal's population lives.