To support businesses during the CBAM transition, Deloitte is offering the CBAM Compliance Manager, a digital solution for automating CBAM reporting obligations.
The Carbon Border Adjustment Mechanism (CBAM) is an EU initiative designed to mitigate carbon leakage. It involves imposing a carbon levy on specific imported products from non-EU countries, mirroring the EU's carbon pricing within the Emissions Trading System (ETS) for domestically produced goods. This mechanism aims to level the playing field for companies while addressing climate concerns.
Implementing CBAM can pose challenges for companies, including:
CBAM represents a proactive step toward environmental sustainability, and businesses must be well-prepared to navigate the evolving global market landscape effectively.
To support companies during the CBAM transitional period, Deloitte is developing the CBAM Compliance Manager, a digital solution for automating CBAM Reporting obligations. This empowers businesses to efficiently manage their quarterly CBAM reports, featuring:
If you have any inquiries or concerns regarding CBAM and its implications for your business, as well as our capabilities to provide assistance in this context, you can reach out to our CBAM experts below and Nikhil Mediratta (nmediratta@deloitte.nl).
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