Beyond Emissions – Capital Expenditure (CapEx) as a Climate Metric
As the urgency to combat climate change intensifies, traditional metrics such as greenhouse gas (GHG) emissions and carbon footprint continue to dominate discussions. While these indicators are critical, they often provide a retrospective view, capturing the outcomes of past decisions rather than forecasting the trajectory of future environmental impact.
In this paper, we demonstrate how capital expenditure (CapEx) can fill the gap left by backward-looking metrics by signalling how today’s investment commitments impact future climate trajectories.



