Revised internal carbon pricing system for Teijin
03/04/2023
Fibre manufacturing group Teijin revised its internal carbon pricing (ICP) system at the start of April.
It has had an ICP system in place since the start of 2021 to support capital-investment decisions across the group. The mechanism creates economic incentives to reduce CO2 emissions; it puts an economic value on lowering emissions and teams across the company can take these into account when deciding which investments to make.
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