Sumitomo Osaka Cement introduces internal carbon pricing system

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Japan: Sumitomo Osaka Cement started using an internal carbon pricing system for capital investments from January 2022. It is intended to create economic incentives for emission reductions and promote low-carbon investment. The starting price will be around Euro39/t of CO2. The measure follows the company’s introduction of its 2050 carbon neutral goals and policies in late 2020.

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