Publication / 17 Jan 2018

Carbon Pricing: Discover Your Blind Spots on Risk and Opportunity

Understanding carbon pricing risk exposure is essential to managing business risk and building resilience to intensifying global climate policies.

Following commitments under the Paris Agreement to limit global warming to 2 degrees Celsius, governments are increasingly imposing a price on carbon, shifting the cost of greenhouse gas (GHG) emissions from society to the source of pollution.

Pricing carbon provides an incentive to reduce GHG emissions and invest in low-carbon technologies. While current carbon prices average around USD 40/tCO2, they are expected to increase in the near future, reaching up to USD 120/tCO2 by 2030 in Organisation for Economic Co-operation and Development (OECD) countries under a 2 degrees Celsius-aligned scenario.

The growing carbon price could affect companies directly with regulatory costs imposed on their operations through energy and fuel price increases, or indirectly through costs passed on by suppliers. These costs may be borne by companies or passed on to consumers in the form of higher prices. Rising prices, along with the increased cost of using carbon-intensive products such as motor vehicles, may depress consumer demand.

Trucost recaps the launch of the 2018 Trucost SDG Evaluation Tool and announces this year's SDG Leaders.

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Events Webinar: Climate Risk: What are the implications of TCFD for Companies? 6 June 2019

Join us for a complimentary webinar as we discuss why and how companies are being asked to disclose on the financial implications of climate-related risks and opportunities.

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Publication / 02 May 2019 The Socioeconomic and Environmental Impact of Large-Scale Diamond Mining

Trucost, part of S&P Global were commissioned to undertake a world-first comprehensive analysis of...

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