CBAM in 2024: Strategies for Compliance

Understanding the EU’s Carbon Border Adjustment Mechanism (CBAM) is crucial for businesses dealing with energy-intensive products made outside the EU. Starting July 31, 2024, if your business falls within the scope of CBAM, you’ll need to report primary activity data for at least 80% of your emissions — and using default values won’t cut it anymore. Failing to comply? It could cost you. Fines range from €10 to €50 for every ton of CO2 equivalent, and they only go up if non-compliance persists. Join us for this webinar, where we’ll dive into effective strategies for weaving carbon costs into your business operations, helping you avoid hefty fines, reputational damage, and potential trade barriers. We’ll also explore how you can use these new requirements as a springboard for smarter sustainability in your supply chain. You’ll also learn about: - The increasing importance of carbon costs and the need for a top-down management approach - How to focus on what really matters for CBAM compliance, especially when it comes to collecting essential data on embedded emissions from facilities outside the EU