New horizons: Carbon pricing
Today, more than 9,600 of the world’s largest companies, representing 50% of global market value, disclose information on climate change, deforestation and water security through the Carbon Disclosure Project. They do so at the request of 590 investors with $110trn in assets.
The internal pricing of carbon is a risk management tool; government carbon pricing regimes are underway. Carbon pricing provides an understanding of a company’s vulnerability to increasing carbon costs.
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