Latest executive moves
BoardEx provides a monthly rundown and analysis of CEO changes across major markets.
Moves this month include First Abu Dhabi Bank appointing Al Rostamani as its first ever female CEO.
The state of internal carbon pricing
McKinsey & Company
Given impending carbon emission policy changes, some companies are experimenting with internal carbon pricing – i.e. setting an internal charge on the amount of carbon dioxide emitted from assets and investment projects so they can see how, where, and when their emissions could affect profit and investment choices.
This article seeks to understand who is using internal carbon pricing by looking at data from companies that have disclosed information from their internal carbon-pricing programs.
It reveals growing interest and high variability in companies’ use of these internal charges. Specifically, 23% of the 2,600 companies in the data set indicated they are using an internal carbon charge, and another 22% plan to do so in the next two years.
Of the top 100 companies in our global data set (based on 2019 revenue), the ones that most frequently reported using internal carbon pricing were those in the energy, materials, and financial industries.