Delta Electronics Foundation together with Chung-Hua Institution for Economic Research (CIER) announced the publication of the "Introduction of Internal Carbon Pricing: Methods and Application" report at a climate salon event on 16th June. The report aims to guide corporates and different stakeholders to establish an internal carbon pricing (ICP) mechanism, further pushing more investments in low-carbon technologies and practices. 

ICP is a mechanism widely adopted to minimize the economic and business risks of climate change. To boost corporates' capacity in the system establishment, Delta and CIER partner with the Carbon Disclosure Project (CDP), collecting data from corporate questionnaires delivered to CDP and summarizing steps and mainstream ICP mechanisms with easy-to-understand graphs and case studies. Through the report, we hope to help stakeholders grasp the concept and materialize the relevant plans. Reports in Mandarin & English are available online

At the event, we especially invite Ms. Shih-Fang Lo, the research fellow of CIER, and Ms. Tiffany Jan, the senior project officer of CDP, to analyze the global ICP trends and the essence of the report. We additionally invite Ms. Faye Hsu, the sustainability manager of Delta Electronics, to share how the internal carbon fee system with the price of US$300 per metric ton helps the corporation achieve a noticeable emission reduction after the year-long implementation while accelerating the adoption and development of innovative solutions. The event attracts over 1200 people to participate in it online and on-site. 

Today there exists multiple mainstream ICP mechanisms. The report especially features explicit explanations for each mechanism with case studies, as well as offers recommendations on how to deepen the scale of influence within an organization. It also reminds stakeholders of the necessity to consider an organization's size, competence, and climate pledge, and properly adjust the ICP mechanisms according to external and internal changes during the design and implementation phases.