CBAM
Carbon Border Adjustment Mechanism
From 2025
This EU regulation helps prevent companies from relocating their carbon-intensive production to countries with less strict emission rules. CBAM applies to carbon intense goods imported into the EU from non-EU countries. CBAM is the world’s first carbon border tax.
Financial penalties for non-compliance will come into effect from January 2025.
Will you be affected?
You import iron, steel, cement, aluminium, fertilisers, electricity or hydrogen.
You’re an EU comapny with 500+ employees and €150M+ in net turnover worldwide.
You’re a non-EU company with significant activity in the EU (€150M+ in net turnover).
You’re a small or medium-sized listed company, except micro-enterprises.
By 2030, other sectors will be affected – including paper and pulp, chemicals and polymers.
What can you expect?
Significant financial penalties equivalent to €100 per tonne of carbon for non-compliance.
Potential supply chain disruption.
Reputational damage.
How CarbonQuota can help
If your business is importing, exporting and/or converting aluminium based products, reach out to our team of experts for advice on how your organisation can collect and collate the data for your CBAM submissoin.
Find out how we can support you with your CBAM submission
The world of sustainability legislation can feel like an acronym-minefield.
Cut through the chaos with our straight-talking Sustainability Legislation guide – demystifying the jargon to help you get ready for the changes and obligations.
If you trade in the EU, you’re going to be affected. So it’s time to prepare.