The impact of the Carbon Price on the ASX100 will be felt mainly by those companies involved in the materials sector, such as Rio Tinto and BHP Billiton. But even the profits for these companies will be largely unaffected.
Australian Carbon Ratings is a new report released by Connection Research in association with SuperRatings, which compares the carbon emissions of the ASX100 with their revenues and net profit. The report shows that the financial impact of carbon pricing overall will be comparatively small, amounting to between 2.95% and 5.08% of net profit per tax subject to the economy's performance.
Report author William Ehmcke believes the report is needed to help Australian investors understand the impact of the Carbon Price on individual businesses. "The Australian Carbon Ratings report will provide significant details about the companies and sectors best positioned for a Carbon Tax future.
"Many of the ASX100 companies implemented carbon reduction targets as a risk management effort in response to the CPRS white paper announced in December 2008. For those with reduction plans in place, the effect of carbon pricing will be further reduced."
The data was obtained from research into reports released by the Carbon Disclosure Project, reports to the Australian Government's NGER scheme, and information published by the companies themselves.
To obtain a copy of the report or view the extract summary, visit www.carbonratings.com.au
