Internal Carbon Pricing
Anthesis supports businesses with internal carbon pricing mechanisms and the implementation of robust and successful Net Zero journeys. Pave the way for a greener future today.
![svg%3e](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 "%3E%3C/svg%3E)
What is Internal Carbon Pricing?
While the word “carbon” comes up repeatedly in discussing the topic of Net Zero, what is really meant is CO2e (Carbon dioxide equivalent) or your Greenhouse Gas (GHG) emissions. Internal carbon pricing (ICP) is a mechanism by which companies can put a value on their own GHG emissions in a way that drives positive change in their business. When an internal carbon price is set, a cost is assigned to each ton of carbon used so this can be factored into business and investment decisions, incentivising efficiency and enabling low-carbon innovation.
What are the benefits of setting an ICP?
Setting an internal carbon price can also provide significant benefits. While the drivers are specific to each company, in general the benefits of ICP schemes are:
- Making carbon considerations more central to business operations and understanding
- De-risking against the future carbon price
- Understanding carbon and carbon risk in the business
- Future-proofing your business strategy
- Generating finance for sustainability initiatives
- Raising awareness internally and externally
- Answering to investors and consumers and responding to their concerns regarding the climate emergency
- Reducing carbon emissions
Carbon emissions that you are responsible for, and those in your supply chain, are a risk to your business. Many businesses are asking how they can be ready to survive and thrive in a carbon constrained future. Setting an internal cost of carbon can align with and support a carbon management strategy and achievement of Net Zero or Science Based Targets (SBTs).
Anthesis’ Internal Carbon Pricing Services
At Anthesis, we understand the imperative of embracing sustainability, and our expertise in internal carbon pricing makes us the ideal partner for organisations ready to embark on this transformative journey. With a commitment to delivering tailored solutions and a proven track record in sustainable practices, we guide businesses toward a greener and more responsible future.
Our Approach to Internal Carbon Pricing
Stakeholder Engagement: Through effective communication and understanding of your business drivers, we identify internal carbon pricing processes that align with your unique needs.
Pilot Development: We develop and implement pilot schemes tailored to your business, seamlessly integrating with existing systems, and drawing on our carbon analysis expertise.
Identifying a Carbon Price: Leveraging our knowledge of carbon price trends and global issues, we help you determine the right values for putting a price on carbon within your organisation.
Measuring and Monitoring: In the fast-paced landscape of carbon pricing, we design mechanisms that align with your governance systems and stay updated on global carbon issues. Our approach includes continuous evaluation to ensure the system is achieving desired objectives.
Guide to Internal Carbon Pricing
Download our whitepaper to learn more about how implementing ICP in your organisation can support your journey towards Net Zero.
Get in Touch
Thank you for your interest in Anthesis Group. Please complete this form to discuss how we can help you.
Loading…