Internal carbon pricing
Objective: by establishing an internal carbon price, you give yourself the means to fund your organisation’s transition. In the form of an internal carbon tax or a shadow price, you send your team members a clear signal and trigger a strategic movement to reduce the carbon footprint of your operations and your investments.
Carbon pricing: more and more companies are becoming involved
By recognising the social and environmental cost linked to greenhouse gas emissions, the mechanisms for carbon pricing are an essential tool for directing behaviours towards a low-carbon transition. Internally, carbon pricing aims to direct flows of funds towards climate-compatible initiatives and helps to fund your organisation’s transition.
Aware of the effectiveness of internal carbon pricing, more and more companies are adopting this mechanism: in 2016, according to the CDP (formerly the Carbon Disclosure Project), they numbered 517, 19% more than in 2015.
“The best way of stimulating innovation and reducing greenhouse gas emissions is to put a price on the carbon. »
Barack Obama, former president of the United States
Our solution: comprehensive and tailor-made support, to make carbon pricing an effective tool to support your climate strategy
To allow you to make carbon pricing a real driver for the transformation of your organisation, we offer you comprehensive and tailor-made support:
- From designing the method for calculating your internal carbon price to assessing the results of the initiative;
- By selecting and implementing the most relevant methodologies in relation to your climate strategy and the specific constraints of your organisation.
The deployment of your internal carbon pricing initiative is based on different methods of calculation and different implementation mechanisms: internal carbon tax or shadow pricing. These instruments are there to respond to the particular objectives of your climate strategy:
We help you define the correct value of carbon, in the context of your organisation, and to deploy tailor-made implementation mechanisms making carbon pricing an effective tool, which supports your climate strategy.
EcoAct will assist you to:
- Audit your climate strategy;
- Evaluate the expectations of your stakeholders;
- Determine your internal carbon price;
- Deploy implementation mechanisms for your carbon pricing;
- Measure and evaluate the results of your initiative.
Are you wondering about the relevance of carbon pricing in your organisation?
Submit your requirements or your project to us to set up your organisation’s transition. One of our experts will contact you within 24 hrs, after receipt of your request.
EcoAct: an expert in internal carbon pricing
Since 2005, the EcoAct Group has provided companies and regions with unique expertise in planning for and implementing positive change in response to climate and carbon challenges. In order to advance research on internal carbon pricing methodologies, EcoAct has made an active contribution to Climate Club’s technical document, “Carbon Pricing | Connecting Businesses With Climate”.
Carbon Pricing | Connecting Businesses With Climate
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