Every company and every industry will be "transformed by
the transition to net-zero", delegates heard at the third and
final core day of 2022 Guernsey Sustainable Finance Week, which
focused on carbon markets and pricing.
Keynote speaker James Close, Head of Climate Change at NatWest
Group, said that "every aspect will change," but it would
be for the benefit of the planet.
He added that there was integrity for companies in underpinning
carbon credits by reducing emissions, rather than purely offsetting
the carbon that businesses produce.
"We need to anchor what we are doing in integrity," he
said. "We need to bridge the social cost of carbon with the
market price of carbon."
