Trucost rolls out Corporate Carbon Pricing Tool

By Jonathan Dyble
Trucost has announced the release of its Corporate Carbon Pricing Tool, providing companies with an insight into carbon pricing mechanisms, with the...

Trucost has announced the release of its Corporate Carbon Pricing Tool, providing companies with an insight into carbon pricing mechanisms, with the aim of helping businesses to better see the potential in greener products and business models.

The tool allows companies to analyse potential carbon pricing risks until 2030 using data from their greenhouse gas emissions and financial performance, with Trucost having curated a database of global carbon regulations, taxes, analytical data and predictions.

See Also:

“Companies are trying to make sense of the pace at which legislators in different countries, states and cities are implementing carbon regulations,” said Libby Bernick, Global Head of Corporate Business for Trucost.

“Because these regulations could drive up the cost of fossil-fuel-based energy and carbon-intensive raw materials, increasing operating costs and reducing profit margins, companies need robust data and analytics to help inform financial decisions over investments in energy efficiency, low-carbon innovation and renewable energy.

“Trucost’s Corporate Carbon Pricing Tool provides a solution for companies that want to get ahead of carbon regulation and continue to grow their businesses.”

The tool takes into account the goals of the Paris Agreement to limit global warming to a maximum of 2°C, quantifying current pricing schemes with potential future scenarios to provide a better insight to companies.

Share

Featured Articles

Honeywell debunks hydrogen energy and its global challenges

Maya Gomez, Director of Green H2 CCM at Honeywell, uncovers the different types of hydrogen and the challenges of applying them for more sustainable energy

ABB Motion & WindESCo partner to strengthen wind energy

ABB Motion invests in WindESCo to sustain wind turbine performance, in a renewable energy drive that will help ABB in its net zero ambitions

Shell Energy UK and Germany acquired by Octopus Energy

Octopus delivers industry leading service whilst investing in clean energy systems — we will deliver this to the new customers too, says CEO Greg Jackson

Sustainability LIVE links to energy and electrification

Sustainability

Green energy: A hot topic at Sustainability LIVE 2023

Sustainability

Sustainability LIVE London sells out on 2023 conference

Sustainability