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Article Summary: Corporate use of an internal price on carbon is becoming the new normal for major multinationals: In 2020 more than 2000 companies factored an internal carbon price into their business plans, representing an 80% leap over five years, according to CDP, a not-for profit organization that focuses on environmental impact reporting. The widespread adoption of internal carbon prices as a line in public companies’ budgeting and strategic planning illustrates the mainstreaming of climate change action. That’s where Sinai Technologies, a World Economic Forum Technology Pioneer, comes in. It has developed a software platform that helps companies measure, analyze, price, and reduce carbon emissions across their value chains.
