Leveling the Playing Field: THE CARBON BORDER ADJUSTMENT MECHANISM
Get ready for CBAM! Guide available for download.
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Identify for each category of CBAM goods which non-EU suppliers you work with and what volumes you import from each of them.
Contact your suppliers
Ask if they have already calculated the embedded carbon footprint of the products you purchase from them.
Estimate the potential cost
Use default values of carbon intensity factors for imports for which the carbon footprint has not yet been calculated by the supplier.
Identify hotspots
Identify the top suppliers that generate the highest CBAM tax costs.
Enhance internal capabilities
Upskill internally for your organization to gain a deeper understanding of how CBAM will work and how it could impact you.
Identify the affected goods
Scan all the company’s exports and record the production location and volumes of each export.
Calculate your products’ emissions
Identify how to obtain each type of data (volumes, production technologies, energy sources, etc – for each good). Streamline emissions data collection and choose the most accurate emission factors.
Calculate the additional costs
Make a projection of the extra charges that your EU customers might incur. Contact them to discuss the likely impact of CBAM and agree on collaborative mitigation actions.
Reduce your emissions
Position yourself as an industry leader and gain a competitive edge in the market.