Infosys announces internal carbon pricing, to aid in reducing emissions
Source: The Indian Express, Date: , 2017
The Indian Express, New Delhi, Jan 2017: Indian multinational company Infosys
Monday announced its internal carbon price at $10.5 per ton of Carbon Dioxide equivalent
(CO2e) emission. This price, which will be valid for two years from the date of
announcement, is essentially the cost of decarbonising the emissions of CO2e. A
press release issued by the company said that this price has been estimated by
weighing the average of the prices of carbon under various categories. “The
carbon price announced today is a weighted average of the prices of carbon
under the energy efficiency, renewable energy, and emission offset levers. The
price of carbon under each lever was estimated based on the company’s past and
ongoing investments in the area,” the release said. “Infosys derived its
internal carbon price based on its program to completely decarbonize under the
carbon neutral commitment,” it said.