Execute internal impact assessment

The impact of CBAM

What is the challenge at stake?

CBAM aims at preventing ‘carbon leakage’ by subjecting the import of certain products, namely cement, iron & steel, hydrogen, aluminum, fertilizers and electricity from third countries to a carbon levy.

Why is it a challenge?

From 1st October 2023 to 31st December 2025, EU businesses importing products at high risk of carbon leakage should report on a quarterly basis the embedded emissions in imported goods.

From 1st January 2026, importers will need to declare on a yearly basis the quantity of goods imported in the EU and their embedded emissions and purchase the corresponding CBAM certificates.

Why should companies act?

Importers failing to surrender the CBAM certificates will be held liable for the payment of a penalty. 

Are you ready to meet the requirements of CBAM?

Businesses should already start preparing to adapt to the upcoming changes once the CBAM mechanism will come into force.

Among the most urgent to align with CBAM Regulation is to execute an internal impact assessment including the following to assess the preparedness of your organization:

• Which of your products will be covered by CBAM?

• Where do you source your products from (i.e. origin and suppliers)

• What is the volume of your imports of these products?

• Are there any carbon levies already existing in the sourcing countries

• What carbon data is currently available in your system?

• Who is responsible to manage this topic and which departments are involved within the company?

• What is your company’s financial impact and exposure to CBAM levies? 

Our capabilities to support you

• Identify imports and products in scope

• Advice on sourcing patterns of origin and suppliers, possibilities for exemptions/reductions and representation methods used

• Collect, analyze and report carbon data

• Conduct a more comprehensive transformation review

• Application for mandatory ‘Authorized Declarant’ authorization

• Monitor latest CBAM policy developments 

How our expertise can help you

• Specialized assistance in global trade and customs matters

• Long-standing experience in policy studies

• In-depth methodology expertise

• Data collection tools and economic analysis methods

• Part of a global network of professionals