More than eight-fold leap over four years in global companies pricing carbon into business plans
13 October 2017 – Compared to just 150 companies in 2014, carbon pricing is becoming the new normal for major multinationals with almost 1,400 companies factoring an internal carbon price into business plans. This represents an eight-fold leap in uptake in the last four years, and includes more than 100 Fortune Global 500 companies with collective annual revenues of US$7 trillion. Research released in a report on internal carbon pricing in 2013 found that more than three-quarters of the energy and utilities sectors’ market cap is currently pricing carbon internally. Countries such as China, the US, Canada and Korea are recording visible rises of internal carbon pricing. Read the full article on the Carbon Pricing Leadership Coalition website.