Carbon Pricing: Translating Science Into an Economic Perspective
Updated: Aug 25
Climate is inherently financial. Carbon pricing allows a business to realize the link between the environmental impact of its operations and supply chain to the associated financial implications. Businesses that take this financial approach to climate solutions are able to realize the costs and opportunities related to adapting and mitigating the effects of climate change. Therefore, leveraging an understanding of the relationship between science and economics.
Integrating sustainability into the finance function has been recognized as a highly strategic endeavor by Palmerio and Gibassier. The pair released a Harvard Business Review article identifying the benefits of leveraging the Chief Financial Officer’s skills in response to climate change. Recognizing the CFO as the new climate leader, Palmerio and Gibassier highlight the role of finance in crafting climate business strategy.
Sinai Technologies Inc. is helping companies to mitigate climate change by enabling more intelligent carbon emission measurement, monitoring, and trading. We are building the world’s first platform-as-a-service to measure, price, and evaluate carbon risk, using science-based methodologies and artificial intelligence. For more information and to schedule a demo, visit https://www.sinaitechnologies.com/request-a-demo.