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Follow these CBAM compliance steps to see where you stand.
The Carbon Border Adjustment Mechanism (CBAM) is an EU initiative designed to create a fair carbon pricing system between European producers and those outside the EU. It aims to prevent “carbon leakage,” where manufacturers relocate production processes to countries with less stringent environmental regulations, undermining the EU’s climate goals.
The scope of CBAM is tied to the manufacture of certain carbon-intensive goods, falling into six main goods categories. They are identified by CN code within Annex I of the regulation:
If you import any of these in-scope goods, you need to take action now. Understanding whether your products are in scope and gathering the necessary emissions data from your supply chain are essential first steps.
CBAM compliance is complex. Our experts make it simple to understand your responsibilities. Contact Assent for support and to learn how we can help.