Simplifying compliance, reducing emissions, and leading the path to a sustainable future
The Carbon Border Adjustment Mechanism (CBAM) is a groundbreaking EU policy designed to prevent carbon leakage and promote decarbonization.
It ensures that imported goods comply with environmental standards, leveling the playing field for businesses committed to sustainability
Understanding the timeline and compliance requirements for CBAM
Example: Netherlands imposes fines up to €450,000 or 10% of annual turnover.
Accurate Reporting for High-Emission Raw Materials
In the first stage of CBAM, businesses are required to declare imports of the following raw materials to comply with EU regulations:
CBAM (Carbon Border Adjustment Mechanism) is an EU regulation aimed at reducing carbon leakage and encouraging global decarbonization. By requiring importers to account for the embedded carbon in goods entering the EU, CBAM creates a fairer playing field for sustainable businesses.
CBAM applies to businesses importing carbon-intensive goods such as iron, steel, aluminum, fertilizers, hydrogen, electricity, and cement into the EU. These industries are prioritized for their significant environmental impact.
CBAM certificates are permits purchased to cover the CO₂ emissions embedded in imported goods. The number of certificates required depends on the declared emissions of each product.
Non-compliance can result in penalties of up to €100 per tonne of CO₂, as well as additional sanctions imposed by specific EU Member States. Accurate and timely reporting is essential to avoid these fines.
Emission Core provides advanced tools for managing CBAM compliance, from calculating carbon footprints to generating accurate reports. Our solutions help businesses streamline processes, avoid penalties, and achieve sustainability goals with confidence.
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