A large part of the industry is affected by the Carbon Border Adjustment Mechanism (CBAM) and must submit the first report on 31.01.2024. Failure to do so could result in penalties of up to €50 per imported tonne of CO2.
Find out now, free of charge and within 5 minutes, whether your company is affected by the CBAM regulation and what this means for you.
With the support of leading medium-sized industrial companies - you are in reliable hands:
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CBAM is part of the European Union's (EU) "Fit for 55" package and refers to the EU's plan to reduce greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels. But what does this mean for SMEs in concrete terms?
EU companies that import products from non-EU countries, such as iron, steel, cement, aluminum, electricity, fertilizers, hydrogen and related products, are subject to CBAM regulations.
Companies must calculate emissions from the manufacture of imported goods and submit a CBAM report indicating product volumes, emissions and foreign carbon prices.
Compliance requires expertise and capacity that is too much for SMEs, and non-compliance could result in penalties of up to €50 per imported ton of CO2 - how can SMEs cope with this?
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