The World Business Council for Sustainable Development (WBCSD) has issued a report, highlighting how companies can leverage internal carbon pricing to manage long-term value, mitigate asset risks and guide capital allocation.
It recommended six actions for advancing internal carbon pricing:
- Run a carbon stress test to identify material exposure
- Introduce a shadow carbon price into investment decision-making
- Escalate internal carbon prices for long-lived investments
- Clarify governance and ownership over internal carbon pricing
- Build a short-term carbon exposure forecast
- Consider internal fees and funds
Companies:WBCSD
