CBAM Compliance: Understanding Scope and Calculating Embedded Emissions

Introduction Are you ready for the EU’s Carbon Border Adjustment Mechanism (CBAM)? Understanding the scope of reportable emissions and how to calculate them is crucial for compliance. This article breaks down the key concepts and steps involved. Inclusions Scope 1 – Direct Emission (Company Production): Emissions from your CBAM goods production processes. Scope 2 – […]

CBAM: A Challenge and Opportunity for Indian Exporters

The European Union’s Carbon Border Adjustment Mechanism (CBAM) is set to reshape the landscape for Indian exports to the EU. While it presents certain hurdles, it can also be a catalyst for positive change. Industries Most Affected: CBAM will initially target: Iron and steel Aluminum Cement Fertilizers Electricity Exporters in these areas need to proactively […]

CBAM impact on Steel industry

CBAM has the potential to significantly impact the global steel industry. Here’s a breakdown of the key areas affected: 1. Cost Implications for Importers: Increased Costs for Non-EU Producers: Steel producers in countries with less stringent climate regulations will face higher costs when exporting to the EU. They’ll need to purchase CBAM certificates to offset […]

What Is CBAM?

Carbon Border Adjustment Mechanism: It’s an EU initiative designed to prevent “carbon leakage” and support the EU’s ambitious climate goals enshrined in the European Green Deal. Core Concept: CBAM essentially puts a price on the carbon emissions embedded in certain imported goods, leveling the playing field between EU producers (who already pay for carbon emissions […]

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