For increasing sustainability and mitigating climate change, corporate carbon risk management (CCRM) can be a key enabler. As we outline in this paper, companies currently lack processes and approaches in practice to actively manage complex risks caused by carbon emissions in the form of a comprehensive CCRM. To address this issue and to bridge the gap of lacking digital solutions for CCRM, we develop a taxonomy that illustrates characteristics of information system solutions that foster CCRM. While our taxonomy builds on a systematic literature review, we evaluate our results with eleven semi-structured expert interviews. We conclude that CCRM is a complex field in which information systems can provide significant support at many stages. Thereby, our taxonomy also contributes to Green IS research and may act as guidance for practitioners. Moreover, we discuss how digital technologies like Blockchains and Artificial Intelligence can pave the way towards a target-oriented CCRM in companies.