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ESRS E1: Climate Change·Disclosure Requirement E1-10

Internal carbon pricing

Guía práctica para preparar esta divulgación. Use esta ficha para identificar la información a preparar, verificar afirmaciones y organizar la evidencia de soporte. Para los requisitos exactos, consulte siempre la fuente oficial de European Commission.

Pasaporte publicado

Revisión pendiente
··· En revisión Revisión editorial en curso Elaborado a partir de fuentes oficiales y de evidencia de informes publicados. Todavía no consta ninguna persona aprobadora, por lo que esta página no lleva firma. Úsela junto con la fuente oficial de European Commission mientras dure esa revisión.

Norma

ESRS E1: Climate Change

Disclosure Requirement E1-10 · 2026-5010-final

En vigor

2027-01-01

Fuente oficial: Abrir ↗

Última revisión

Material formativo de LRA · No emitido ni avalado por European Commission

Foco de la divulgación

This disclosure asks an organisation to explain whether it uses an internal carbon price, and if so, how that price is applied in practice. The report should make clear what type of internal price is used, what decisions it informs, and whether it is used consistently in planning, investment appraisal, or operational decision-making rather than only in isolated cases.

The practical focus is on the real scope and role of the price across the business. Readers should be able to see whether it covers the whole organisation or only selected activities, sites, or projects, and how it influences choices on emissions-related risks and opportunities. The emphasis is on transparency about coverage, purpose, and use, not just the existence of a headline figure.

Este material formativo de LRA apoya la preparación de la divulgación. Para los requisitos exactos, consulte siempre la fuente oficial de European Commission.

Antes de empezar

Antes de empezar

Una breve lista de comprobación antes de preparar esta divulgación: marque cada punto a medida que lo resuelva.

Preparación

Información clave que preparar

Campo de preparación Qué recopilar Pista de evidencia Responsable
Carbon price in use Confirm whether the group uses an internal carbon price in any business decision process during the reporting period, and record a clear yes/no. Pricing policy, investment appraisal templates, planning papers, or approval memos showing the price is applied. Finance / Sustainability
How price informs choices Describe the ways the carbon price is built into decisions, such as screening, ranking, budgeting, or project approval, using the actual decision processes used in the period. Capital allocation papers, project business cases, planning guidance, or committee packs showing the price affecting decisions. Finance / Strategy
Aligned reporting assumptions State whether the assumptions behind the carbon price are kept in step with the assumptions used in the financial statements, and explain the basis for that alignment. Accounting policy papers, valuation models, impairment files, budgeting assumptions, and finance sign-off notes. Finance / Accounting
Average carbon price Capture the average internal carbon price applied in the period, expressed per tonne of CO2e, using the same basis used in the underlying pricing records. Pricing schedule, model outputs, project files, or finance calculations showing the period average and unit basis. Finance / Sustainability
Pricing scheme coverage Describe which parts of the business, activities, or decisions are covered by the carbon pricing approach, and note any exclusions or limits in scope. Carbon pricing policy, scope notes, business unit coverage lists, and implementation guidance. Sustainability / Finance
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Cómo prepararlo

Confirm whether your organisation uses an internal carbon price at all, and then map where that price is applied in business decisions. Keep the explanation tied to actual decision processes, not just a policy label.
Check that the carbon-price approach sits comfortably with the assumptions used in the financial statements. If there are differences, note them clearly so the reporting team can explain the link or the gap.
Identify the pricing scheme or schemes that sit within the scope of the figure you will report. Make sure you know which parts of the business, activities, or emissions are included before you calculate anything.
Gather the source records needed to support the reported average carbon price. Use the underlying calculations and inputs that show how the number was built, and keep the unit as currency per tonne of carbon dioxide equivalent.
Prepare the narrative answers alongside the number: whether the price is used, how it informs decisions, and how it aligns with financial reporting assumptions. If any part is not applicable or differs by scheme, document that clearly rather than leaving it implicit.
Before finalising, compare your draft against the official source and check that every required item is covered without adding extra claims. Review the wording, scope, and figures together so the reported answer is complete and internally consistent.

Solicitar los datos

Request the internal carbon pricing details from Finance

Traduzca la divulgación a una pregunta de negocio interna y adáptela después al lenguaje propio de su organización.

How does the business use an internal carbon price in planning, investment and other decisions, and what price level and scope are being applied?

Use your organisation’s own terms first, then map them to the disclosure. For example, if your teams talk about a shadow price, carbon fee, internal levy or planning rate, use that wording in the request and only translate it afterwards for reporting. Keep the ask practical and avoid framework jargon where your business does not use it internally.

Solicitud débil

Please provide the ESRS E1:E1-10 internal carbon pricing disclosure data, including whether internal carbon pricing is used, how it is used in decision-making, consistency with financial statement assumptions, the average carbon price, and the pricing scheme scope.

Por qué falla: It uses framework language that many owners will not recognise, so the request is harder to action. It also does not tell the owner what source file, period, boundary, or approval trail to provide, which makes the response less usable for reporting review.

Solicitud mejor

Please send the finance team’s carbon pricing note or model extract for [reporting period], showing the price used, where it is applied in planning or investment decisions, whether it matches the assumptions used in the financial statements, the average price and unit basis, and the scope covered. Include the source file, version, owner and approver, and use your own internal terms in the response.

Plantilla de correo formal
Subject: Request for internal carbon pricing information for [reporting period]

Hi [name/team],

We are preparing the sustainability reporting pack and need a short evidence pack on how our organisation uses an internal carbon price.

Please send, for [reporting period]:
- the type of internal carbon price used in the business;
- where it is applied in decision-making, such as planning, investment cases, budgeting or scenario work;
- whether it is aligned with the assumptions used in the financial statements, or if it differs;
- the average price and the unit basis used;
- the scope covered by the pricing approach;
- the source file or system, plus the owner and approver.

Please use your team’s own terminology in the response, and we will map it to the reporting wording afterwards. If helpful, you can return this as a short table plus the supporting document or model extract.

Please also note any exclusions, changes during the period, or points we should check before sign-off.

Thanks,
[preparer name]
Versión corta para Teams / Slack
Hi [name/team] — could you share the internal carbon pricing details for [reporting period]? Please include the price used, where it is applied, whether it matches the financial assumptions or not, the scope covered, and the source file/model. Use your own team terms and we’ll map them later. Thanks.

Ejemplos sectoriales

Manufacturing

Contexto. A group uses a planning carbon rate in capex screening and plant upgrade cases.

Solicitud adaptada. Please share the planning rate used in capex and project approvals for [reporting period], including where it is applied, the average rate, the scope covered across plants and product lines, and whether it is aligned with the assumptions used in the financial statements. Attach the model extract or approval note.

Ejemplo de respuesta. The group used a shadow price of EUR 90 per tCO2e in capex screening for major plant projects. It was applied to new equipment cases and decarbonisation options across three manufacturing sites. The rate was used for planning and was not the same as the assumptions in the financial statements. Source: capex model v4, approved by Finance Director.

Real estate

Contexto. A property business applies an internal levy to refurbishment and development appraisals.

Solicitud adaptada. Please provide the internal levy or carbon rate used in refurbishment and development appraisals for [reporting period], including the price, the projects it covers, how it feeds into investment decisions, and whether it is consistent with the financial statement assumptions. Include the policy note and the latest appraisal template.

Ejemplo de respuesta. A carbon levy of GBP 75 per tCO2e was applied to refurbishment appraisals and selected development cases. It influenced option ranking in investment papers. The levy was separate from the assumptions used in the financial statements. Evidence: carbon pricing policy dated March 2025 and appraisal template v2.

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Notas que convierten los datos en una divulgación

Plantillas formativas de LRA: adáptelas a su organización y consulte la fuente oficial antes de la aprobación.

Nota metodológica

Explain how the organisation defines its internal carbon price, which parts of the business it covers, and whether the figure is aligned with the assumptions used in the financial statements.

Nota de contexto

State whether the organisation uses an internal carbon price, how it informs business choices, and what the reported average price and scope tell readers about the breadth and purpose of the approach.

Declaración sobre las variaciones

If the average price or coverage has changed, note whether this reflects a revised pricing method, a wider or narrower scope, or a change in how the price is used in decision-making.

Entrada del índice de contenidos

E1-10 Internal carbon pricing — [location / page] / [notes]

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Gratis · Miembros de la Community

Preparación para el aseguramiento

Para cada afirmación, compruebe la evidencia

Afirmación Riesgos Evidencia que comprobar
We say whether the group uses an internal carbon price at all, and we describe the pricing approach in plain terms.The assurer will check that the statement is complete and not overstated, and that the reporter has not implied a pricing approach where none is actually used.Policy papers or internal guidance on carbon pricing; management confirmation of whether any scheme is in place; draft disclosure showing the yes/no statement is consistent with internal records.
We explain where the carbon price is used in practice, including the main business choices and operating decisions it informs.The assurer will probe whether the reported use is real and current, and whether the description matches how the price is actually fed into decisions rather than being a generic statement.Decision papers, investment appraisals, planning packs, or committee papers showing the price being applied; process notes describing how it is used; sign-off from the relevant business owner.
We have checked that the price used for this purpose is aligned with the price assumptions used in impairment work, or we have explained any difference clearly.The assurer will look for unexplained gaps between the internal price and the assumptions used in financial reporting, especially where the two could affect each other.Impairment model inputs, finance papers, and reconciliation notes comparing the two price bases; explanations for any differences; review by finance and sustainability teams.
For each pricing approach we use, we show the average amount per tonne and make clear which part of the business or which activities that approach covers.The assurer will test whether the averages are calculated on a sensible basis, whether the coverage is clearly defined, and whether the figures are not mixed across different schemes.Calculation workings, scheme definitions, scope notes, and source data used to derive each average; mapping of each scheme to the relevant business area, asset set, or activity group; evidence of review of the arithmetic and classification.

Paquete de evidencia que preparar

Carencias habituales en los informes

Figures are stated without the supporting narrative, or narrative without figures.
Scope is inconsistent between the text and the numbers.
The reporting boundary is left undefined.
Material changes since the previous period are not disclosed.
Estimates and measured values are not distinguished.
Source records for the figures are not identified.

Carencias habituales

Errores que evitar al recopilar los datos

Wrong ownerThe request goes to the sustainability team alone, even though the price used in planning, finance and investment choices sits with different business owners.
Framework language instead of business termsPeople ask for the data using disclosure labels, so the finance or operations team cannot map it back to the way they actually track the price internally.
No clear boundaryThe team never agrees which business units, projects or pricing rules are in scope, so different contributors send figures from different parts of the organisation.
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Dónde suele hacer falta juicio profesional

Set the group boundary after acquisitions or disposalsUse the same organisational perimeter you apply for the rest of your sustainability reporting, and if a buy-in or sale changes which entities sit inside the group, explain the cut-off date and whether the price data covers the full year or only the period in scope.
Choose one working definition where country rules differIf local teams use different emissions or carbon-cost definitions, pick a single group basis for the reported figure, describe any local exceptions, and make clear how you converted them into one comparable number.
Decide how to treat near-boundary operations and joint arrangementsFor sites, ventures or activities that sit close to your reporting boundary, state whether they are included, excluded or partly reflected, and explain the rule you used so readers can see why the same type of operation may be treated differently.
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Ejemplos

Ejemplos ilustrativos

Sintéticos, redactados por LRA: no proceden del informe de ninguna empresa ni del texto de ninguna norma.

Illustrative (synthetic) example — heavy manufacturing

We use an internal carbon charge in our investment and operating decisions, and we apply it consistently with the assumptions used in our financial statements. For the year, the average charge applied across the relevant business areas was **€85 per tonne of CO₂e**.
- The charge covered **100%** of the projects and procurement decisions in scope for our capital allocation process.
- It was used to compare lower-emission options, test payback periods, and screen major spending proposals before approval.

This example shows how a reporter can explain whether an internal carbon charge is used, how it affects decisions, whether it aligns with financial statement assumptions, and what the average charge was, without naming the organisation.

Illustrative (synthetic) example — retail and logistics

We do not use an internal carbon charge in our current planning cycle, so it is not built into our investment appraisals or budget setting. Because of that, there is no average charge to report, and our financial statement assumptions are not set on that basis.
- The company has not adopted a carbon price for decision-making across its fleet renewal and warehouse expansion plans.
- The relevant pricing scheme scope is therefore **0%** for this reporting period.

This example shows a reporter that has not adopted an internal carbon charge, explains the effect on decisions and financial statement assumptions, and makes clear that there is no average charge or covered scope to report.

Informes de empresas

Cómo informan las empresas sobre E1-10 en la práctica

Ejemplos de práctica de reporte completa y parcial. Son análisis basados en evidencia, no plantillas exactas para copiar.

Informes reales publicados
Intesa Sanpaolo S.p.A.
Banks / Diverse Financials / Insurance · Italy · 2024
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Intesa Sanpaolo S.p.A.'s 2024 Annual Report provides a clear disclosure of its internal carbon price, set at €57 per tonne of CO2 equivalent, as detailed on page 201. This figure is supported by references to the Life Cycle Impact Assessment Environmental Prices, indicating a quantitative approach to internal carbon pricing. However, the report lacks additional narrative context or broader discussion on the application or impact of this internal carbon price, with no further quotable evidence found elsewhere in the document.
Iberdrola, S.A.
Electric Utilities / IPP / Energy Traders · Spain · 2025
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Iberdrola’s 2025 Sustainability Report includes coverage of an internal carbon pricing scheme, explicitly mentioned on page 51, which applies to activities impacting Scopes 1, 2, and 3 CO2 emissions. This is supported by references on page 138 linking carbon credits to the internal carbon pricing system. However, the report does not provide numeric values or further narrative details on the scheme beyond these mentions, leaving some aspects unclear.
Kakao Corp.
Media · South Korea · 2024
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Kakao Corp.'s 2024 ESG Report provides evidence of operating an internal carbon pricing system that integrates climate risk into its financial decision-making, as noted on pages 12 and 15. The report references this system in the context of risk management and net zero goals, with mentions on pages 12, 15, and 57. However, there is no quotable evidence regarding specific numeric values or detailed narrative explanations beyond these mentions.

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Escenarios para trabajar

A group finance team is updating a capital request for a new production line. The project pack includes an internal carbon charge to test whether the investment still works if emissions costs rise, and the same charge is also used in the impairment model.

PShould the preparer treat this as an internal carbon price being used, and how should the link to decision-making and the financial assumptions be described?
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A preparer finds two different carbon prices in the planning files: one used by the sustainability team for project screening and a lower one used by treasury in long-term forecasts. Management says both are intentional because they serve different purposes.

PHow should the preparer handle the explanation of consistency with the assumptions in the financial statements?
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A manufacturing business uses a shadow price only for major projects above a set threshold, while smaller projects are assessed without it. The sustainability team is unsure whether to report the price as covering the whole business or only part of the investment process.

PWhat scope should the preparer describe for the carbon pricing scheme?
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A preparer is drafting the disclosure and has the average carbon price from the year-end planning model, but the model combines prices from several internal tools and one external benchmark. The team is unsure whether the figure should reflect the blended amount or only the price used in the main approval process.

PHow should the average carbon price be determined and explained?
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Referencias del marco

Requisitos aplicables de ESRS y divulgaciones relacionadas

Referencias disponibles del marco y divulgaciones cercanas relevantes para preparar este requisito.

ESRS

E1-10

dentro de ESRS E1: Climate Change

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Relacionado y explorar

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Preguntas frecuentes

Preguntas que responde esta página

E1-10 carbon price in use: what data do I need to gather before drafting the disclosure?+
How do I use the E1-10 step-by-step preparation section in practice?+
What should I include in the E1-10 evidence pack for assurance readiness?+
What are the four assurance claims to verify for E1-10 carbon price in use?+
How do I decide who owns the E1-10 carbon price in use data?+
What common mistakes does the E1-10 page warn me to avoid?+
How should I use the synthetic illustrative example for E1-10 carbon price in use?+
What can I take from the E1-10 draft-output section when writing the disclosure?+
How do I use the E1-10 Prep & Assurance workbook (.xlsx)?+
What is the printable E1-10 Library Card (.pdf) for?+
Where can I find real company examples for E1-10 carbon price in use?+

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