Companies should be aware that carbon pricing initiatives are a highly effective strategy for governments to close the gap between climate targets and implementation. Carbon pricing reduces both the carbon intensity of energy supply and overall energy demand through a clear price signal.
There were 64 carbon pricing initiatives in place in 2021, half of which are carbon taxes and half of which are emissions trading schemes.
Carbon border adjustment mechanisms are also emerging to ensure competitiveness in countries with high carbon taxes and to avoid the risk of emissions being shifted from one location to another (known as carbon leakage).
50-80 SGD / tCO2e
is the expected Singapore's carbon tax by 2030
(NEA)
185 SGD / tCO2e
was Switzerland's automatically adjusted carbon tax rate in 2021 due to missed interim GHG targets
(openknowledge)
South Pole has been at the forefront of decarbonization since 2006, developing and implementing comprehensive strategies that turn climate action into long-term business opportunities for Fortune 500 companies, governments and organizations around the world.
South Pole is more than a consultancy, its team of 1,200+ experts have developed projects, as well as designed innovative tools across finance, climate neutral APIs, and carbon offset solutions to help clients reach their carbon mitigation and Net Zero goals.
To date South Pole has worked with over 1,000 clients, and will soon have developed 800 offset projects across 30 offices globally.
Our solutions have created tens of thousands of jobs in developing countries, hundreds of millions of dollars for business, improved brand value and better living and working conditions for countless people in vulnerable communities around the world.
Sustainao supports companies in their sustainability journey by building an impactful strategy, embedding sustainable practices across operations, and reporting performance to stakeholders.
Our sustainability consulting services are designed in a continuous improvement process:
ACTIVATE - DESIGN - ACCELERATE. Our expert consulting services and trainings help business leaders understand the complexities of sustainability, consider climate- and nature-related risks and opportunities to make informed decisions and alleviate the administrative burdens of:
We work directly with SMEs or collaborate with other sustainability consulting companies on specific projects. We are actively involved in networks of sustainability professionals who share knowledge with public and educate other professionals to bring awareness and accelerate the transition in Singapore and worldwide (incl. The Matcha Initiative, Climate Fresk, etc.).
Our unique strength stems from understanding sustainability from the risk management perspective, creating a business case and using financial reasoning to adopt sustainable business practices and decarbonize.
Zuno is a pioneer in decarbonisation, carbon & ESG management. Our tech platform helps leading organizations measure, reduce and report their carbon emissions and ESG performance. Powering you towards your sustainability goals, one step at a time.