What was the challenge?

The sustainability agenda of large transport businesses can be a complex operation to manage. For one Australian port operator, meeting their commitment to achieve net zero emissions (scope 1 and 2) by 2040 required the development of an internal carbon price — that is, a monetary value assigned to greenhouse gas emissions which business can use to evaluate the potential costs and benefits of different decarbonisation pathways.  

Frontier Economics was engaged to provide advice on the design and implementation of an internal carbon price.