Webinar recording: CBAM implementation with real data: Laying the foundation for a competitive future now

CBAM Regulation: Overview and challenges for companies

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A recent webinar focused on the CBAM (Carbon Border Adjustment Mechanism) regulation, a hot topic that is becoming increasingly relevant for many companies in Germany and the EU. The hosts were Florian Findeis from Tacto and Kendra Benkendorf, a leading expert in the field of CBAM. They provided insights into the regulation and discussed the challenges involved in switching from standard values to real emissions data.

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The CBAM Regulation aims to prevent carbon leakage, i.e. the relocation of CO₂-intensive production abroad in order to circumvent stricter EU emissions regulations. Importers must record and report the CO₂ emissions of goods from third countries when they are imported into the EU. From 2026, companies will also be obliged to purchase CO₂ certificates for the emissions of these products. Currently, companies can still fall back on so-called standard values set by the EU, which makes reporting much easier. However, the transition to real emissions data will be required from the third quarter of 2024, which will drastically increase the complexity of reporting. Suppliers will then have to calculate specific emissions data for the products they supply and pass it on to companies. From 2026, this data must also be independently verified.

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Many companies are faced with the challenge of preparing their suppliers for the new requirements and integrating them into the process. Collecting detailed emissions data at item level is complex and requires close cooperation. Reports must be created on the basis of customs tariff numbers, which creates additional difficulties. Furthermore, compliance with all legal requirements must be ensured in order to avoid high penalties. Non-compliance could result in fines of up to 50 euros per tonne of CO₂ equivalent. This applies to both failure to submit reports on time and insufficient compliance with reporting requirements. From 2026, additional costs will arise from the purchase of CO₂ certificates if reports are not submitted correctly and on time.

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Support from Tacto

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Tacto offers a customized solution for companies to meet the complex requirements of the CBAM regulation. The company supports communication with suppliers as well as data collection and reporting. Training for suppliers and tools to collect the required data are an integral part of the Tacto solution. This enables companies to ensure compliance while strengthening collaboration with their suppliers.

The CBAM Regulation poses a major challenge, particularly in view of the mandatory switch to real emissions data and the upcoming certificates. However, those who prepare early can avoid cost traps and successfully master the transition. Tacto is a strong partner at the side of companies in order to make this transformation smooth and efficient.

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