Internal Carbon Pricing (ICP)
Definition
Internal carbon pricing (ICP) involves companies setting a price on carbon emissions within their own operations, which can help them identify their carbon footprint and to engage a transition to a low-carbon economy. The disclosed level of internal carbon prices can depend on macroeconomic, regulatory, industry, and firm-specific characteristics. There is a wide diversity of ICP both by industrial sector and by region, due to the non-existence of global standards for pricing of carbon emissions.
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
