Leading companies are using internal carbon prices to gain insight into how globally diverse operations could be impacted by taxes and emissions trading – and identify opportunities to cut carbon emissions and capitalize on the low-carbon transition.
Average carbon prices could increase more than seven-fold to $120 per metric ton by 2030 as regulations are introduced by national, state and city legislators to achieve the Paris Agreement goal to limit global warming to 2°C.
Join corporate sustainability and internal carbon price experts as they discuss:
What are internal carbon prices and why are companies setting them?
Who are the corporate leaders in internal carbon pricing and what are the benefits for businesses and investors?
How can companies implement internal carbon prices and use them for scenario analysis and stress testing?
It is becoming widely accepted that high-carbon activities present considerable threats to social, environmental, and financial stability. Carbon pricing mechanisms such as emissions trading schemes, taxes on carbon or fuel, and the removal of fossil fuel subsidies can help provide the incentives needed to change company behaviour.
More companies than ever before are setting carbon reduction targets, but much greater ambition is needed to achieve the two degree goal to limit global warming in the Paris Agreement on climate change.