CIPS

Internal carbon pricing and its benefits

5 December

Internal carbon pricing and its benefits

In this whitepaper produced by TWS in partnership with CIPS Download, a fundamental economic tool to reduce greenhouse gas emissions is explored.

Many companies have installed (or are considering) internal carbon pricing (ICP) mechanisms. The principle of ICP is to assign a monetary value to the emissions in tonnes of CO2 equivalents (tCO2e) of certain business units.

This could be applied to the emissions caused by consumed energy, business travel or, most significantly, to the indirect emissions caused by purchased goods & services – which usually make up the majority of a company’s carbon footprint.

An internal carbon price reflects the company’s willingness to pay for carbon reductions. Read this whitepaper in association with TWS where all aspects of carbon pricing and a green future is examined.

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Create Password

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We sometimes partner with other organisations to create industry-leading content pieces that are free to access. Details of other organisations we work with can be found within our Privacy Statement.

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Internal carbon pricing and its benefits

Internal carbon pricing and its benefits

Related Expert Reports

Uncovering hidden supply chain risks through data-driven visibility

The state of sustainable procurement 2025

Balancing cost with sustainability

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