Carbon Pricing

As Arçelik, we have been using the Implicit Carbon Price Model since 2010 to measure the low-carbon transition impact of applied energy efficiency projects and investments.

Since 2020, we use  the Shadow Price internal carbon pricing mechanism to guide various spending decisions to reduce direct and indirect GHG emissions from our global business operations.

We are allocating budgets every year for our energy efficiency projects and investments and we are reducing our energy consumption as well as greenhouse gas emissions by applying energy efficiency projects with allocated budget. In the Implicit Carbon Price Model, the total investment amount of energy efficiency projects are divided by the reduced total greenhouse gas emissions in same period as tonnes of CO2 equivalent. With this model, we measure the impact of completed projects and true costs of  investments. We used the Implicit Carbon Price Model from 2010 to 2020. Since 2020, we  use the Shadow Price internal carbon pricing mechanism to guide various spending decisions to reduce direct and indirect GHG emissions from our global business operations. In this mechanism, a capital cost of EUR 50,000 and a price of EUR 50 per ton of CO2 e carbon is applied for investments above 50 kW capacity.