Carbon Credits & ESG Valuation
Sustainability isn’t just a buzzword anymore it’s a balance sheet item. Carbon credits and ESG scores are now shaping valuations globally.
What are Carbon Credits?
Tradable certificates representing one tonne of CO2 emission reduction.
Created via green projects (renewables, reforestation, energy efficiency).
Bought by companies to offset emissions.
Valuation Challenges
Volatile Markets Prices vary across geographies & exchanges.
Regulatory Uncertainty Different rules (EU ETS, India’s CCTS).
Verification Risks Quality and credibility of credits.
ESG Premiums Higher ESG scores = lower cost of capital.
Valuation Approaches
Market Approach Benchmarking carbon credit trading prices.
Income Approach Future savings/earnings from ESG initiatives.
Scenario Analysis Accounting for policy and climate risks.
Way Forward:
? Integrate ESG factors in traditional valuation models.
? Treat carbon credits as financial instruments, not side benefits.
? Long-term investors now demand sustainability-linked valuations.
Do you think ESG scores should directly affect company valuations?
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