GLG Network Survey Tracker: Carbon Pricing II

Please fill out the form to request access to the survey data

SURVEY DETAILS
TARGET POPULATION

For this Network Survey, GLG surveyed 70 senior executives working at multinational companies across the US and Europe (United Kingdom, Germany, France, Italy and Spain). This is the second iteration in this tracker series.

What will you learn from this survey?

  • These respondents commented on the various emission trading schemes and national carbon price that apply at present in the different countries of operations.
  • The research also looked into the importance of the Scope 1, 2 and 3 emissions for different industries.
  • Lastly, the survey captured the respondents’ views on which departments have the most influence in setting-up internal carbon prices.

 

Examples of findings:

  • Over one-in-four (25%) respondents state that their national/continental ETS in their largest country of operation falls within the 50-75 €/tCO2-e price band.
  • More than one-third (34%) believe that less than 25% of the carbon price cost can be passed on to the customers.
  • 41% of respondents agree that the carbon price derivation comes from a considered view on where the national carbon price might be in 5 years.

 

Deliverables

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Graham Weale, Professor for Energy Economics at the Centre for Environment, Resources and Energy, Ruhr University Bochum.

  • 1 x Individual responses (“raw data”) in Excel.
  • 1 x PPT report with aggregated data.
  • Executive summary with key takeaways and highlights from the raw data.

Sample Questions

  • What internal carbon price do you think companies in your industry will be using by 2030?
  • How is carbon price communicated and applied?
  • If you have an internal carbon price what were the reasons for introducing it?
  • Given recent commitments to link the UK and EU Trading Systems, what do your companies in your industry anticipate will be the primary impact on their operations and strategy?
  • How do you think companies in your industry are preparing for the operational and financial implications of the Carbon Border Adjustment Mechanism (CBAM)?
  • How do you foresee the impact on your business of the phasing out of free EUAs and the phasing in of the CBAM?
  • According to you, what is your company’s stance on investing in or pre-purchasing from nature-based or technological carbon dioxide removal (CDR) projects, such as Direct Air Capture (DAC)?

Access

This survey is available to subscribers of the Energy & Industrials (EI) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.