Increasingly, companies across sectors and geographies are turning to an internal carbon price as one tool to help them reduce carbon emissions, mitigate climate-related business risks, and identify opportunities in the transition to a low-carbon economy. Establishing a carbon price across a company can help internalize the cost of greenhouse gas emissions by assigning a monetary value to each ton emitted. The brief describes the business case for internal carbon pricing, the different internal carbon pricing approaches used by companies, and key lessons learned, including: the multiple business benefits of an internal carbon price, the importance of embedding the price in a company’s business strategy, and the benefits and challenges of different types of pricing strategies.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/business-pricing-carbon-how-companies-are-pricing-carbon-mitigate-risks-and
[2] http://admin.indiaenvironmentportal.org.in/category/author/manjyot-bhan-ahluwalia
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/center-climate-and-energy-solutions-c2es
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/low-carbon-economy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-market
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/green-house-gases
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emission-targets
