Big Four Accounting Firms Seeking Gold in Japan Carbon

Oct. 18, 2021, 5:01 AM

The Big Four accounting firms have spotted a historic opportunity in Japan’s carbon reduction incentives, and they’re moving to exploit it.

Along with their group consulting and auditing units, the firms—KPMG, EY, Deloitte, and PwC—are rolling out advisory services to help companies navigate the new tax measures Japan implemented in August to steer companies toward carbon neutrality. That’s just a start, the firms say, with more to come in the areas of carbon tax and carbon pricing in Japan and overseas, possible M&As, and other carbon-related advice.

The measures reflect the Japanese establishment’s new determination to address global warming by ...

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