(2025). Guidelines for Setting a Net Zero-Aligned Internal Carbon Price Oxford.
In the evolving landscape of corporate sustainability, internal carbon pricing has emerged as a pivotal instrument for driving decarbonisation and aligning business operations with global climate objectives. Setting an internal carbon price (ICP) involves assigning a monetary value to greenhouse gas emissions before they have been emitted, thereby internalising the external costs of carbon pollution. ICPs represent a shift toward a proactive strategy where carbon becomes a core business consideration rather than an afterthought, enabling it to genuinely shape strategic decision-making and lead to tangible emissions reductions.
