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As climate change and sustainability become higher priorities for companies across all sectors more chief financial officers have been given responsibility for how the issues impact the bottom line.
... For many, the crux of these issues is accounting for the price of carbon, said Thibaut Millet, a partner and leader of climate change and sustainability services at Ernst & Young in Montreal. This may include 鈥渋nvestment or capital project decisions, forecasting and preparing for the re-cost of carbon when the regulations actually hit, or preparing for the indirect cost of the price of carbon,鈥� he said.

Read full article: , December 15, 2015

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