Management Accounting and Decarbonization Strategies

Businesses must accelerate decarbonization to stay competitive. Once a risk, the green transition now offers opportunities, especially for heavy industries. Regulatory incentives and carbon pricing drive innovation, while success depends on corporate activism and policy engagement. To transition, companies must divest from carbon-intensive assets, invest in renewables, and adopt carbon-light strategies. Transparent carbon accounting and regulatory engagement are key. Firms providing carbon-cost-adjusted profitability will attract investors and gain a market edge.