Authors
The use of internal carbon pricing is emerging as a powerful tool for companies to integrate climate considerations into core business decisions. By assigning a monetary value to each tonne of greenhouse gas emissions, internal carbon prices (ICPs) help companies factor climate costs and risks into strategic decision-making.
At its core, internal carbon pricing brings CO2 onto the balance sheet and into financial planning, moving it out of the realm of corporate social responsibility and into day-to-day business management.
Our new white paper explores how leading organisations use ICPs to drive decarbonisation investments, build dedicated climate budgets and hedge against future carbon regulations. The white paper is designed to help you take the first steps towards setting and implementing this tool in your business.
What will you learn from our white paper on internal carbon pricing?
Our white paper is designed as a practical guide to using internal carbon pricing, providing implementation strategies and insights for businesses based on global best practices. It outlines:
The strategic benefits of using an internal carbon price
- Integrating climate risk into business decisions
- Hedging against future carbon costs
- Driving measurable emissions reductions
How internal carbon pricing can fund climate action with real use cases
- Creating the budget to invest in internal emissions reductions
- Financing climate action beyond the value chain
- Offsetting or removing residual emissions
- Supporting climate resilience and adaptation projects
Strategies and best practices for implementing ICPs
- How to define clear objectives and scopes
- How to determine the right price level (and adjust it over time)
- How to integrate ICPs into financial processes
- How to secure buy-in through engagement
- How to implement complementary policies and systems
Case studies and examples of implementing internal carbon pricing
Featuring:
- A.P. Moller – Maersk
- Microsoft
- Swiss Re
- Unilever
- Disney
The white paper wraps up with six key actionable insights for sustainability and procurement leaders looking to implement ICPs.
Ultimately, our white paper shows how ICPs can play a crucial role in shifting sustainability more firmly into the realm of business and finance, enabling C-suite leaders to make risk-averse, informed and future-proofed decisions – while also benefiting the planet.