Carbon pricing schemes remain fragmented in terms of type, geography, and price, making it nearly impossible to make direct comparisons across the globe. Thus, there is a need for a methodology to determine the threshold at which a carbon price has an impact on financial performance and to understand the strategies companies can take to mitigate risk and evolve. In this report, we present the Lux Carbon Canvas: a framework for evaluating companies’ levels of resilience to a future global carbon price. The Carbon Canvas is a starting point for companies looking to develop a roadmap for becoming a sustainable business.
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