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❓What data do you need to report for CBAM❓ Every quarter, each importer must submit a CBAM report containing information on things like production methods and embedded emissions linked to the goods. But how should you calculate the embedded emissions? 🤔 And what reporting methods are allowed? 🔖 Find out in our latest article: https://lnkd.in/eBAd_8UW #CBAM #regulation #carbonreporting

CBAM will force EU end users to pay more, with the aim of pushing them to choose greener trading partners or to exert pressure on existing partners to lower their products carbon emissions. What are your thoughts on CBAM? Do you understand how reporting works practically? Let us know! https://lnkd.in/eT9fUt2B #cbam #carbon #sustainability #customs #imports #reporting

Complying with the EU's Carbon Border Adjustment Mechanism (CBAM) involves understanding its requirements and implementing measures to ensure your products meet its standards. Key steps include: 1. Assessment: Determine if your products are subject to CBAM and the corresponding emission benchmarks. 2. Emission Reporting: Accurately report the carbon emissions associated with your products' production processes. 3. Certification: Obtain necessary certifications or verifications to demonstrate compliance with CBAM requirements. 4. Tariff Adjustments: Adjust pricing strategies to account for any tariffs imposed under CBAM. 5. Investment in Low-Carbon Technologies: Consider investing in cleaner production methods and technologies to reduce emissions and improve competitiveness. 6. Monitoring and Compliance: Continuously monitor changes in CBAM regulations and ensure ongoing compliance with evolving standards. 7. Engagement with Authorities: Stay informed about updates and engage with relevant authorities to address any questions or concerns about compliance. #keep_following_to_know 😊 #sustainability_way #sustainable_business #petrochemical_with_me

💡Insightful new report on the impacts of the EU’s carbon border tax, as it’s currently designed👇🏻 #cbam #carbonpricing #trade #europeancompetitiveness

[#LetsTalkGlobalTax] Over a year ago, the #EU initiated the transitional period of the #CBAM, requiring EU importers to report the embedded emissions of CBAM-regulated products. Join our webinar to find out about the concerned stakeholders, report submission procedure and more: https://lnkd.in/eJhsxnA7

[#LetsTalkGlobalTax] Over a year ago, the #EU initiated the transitional period of the #CBAM, requiring EU importers to report the embedded emissions of CBAM-regulated products. Join our webinar to find out about the concerned stakeholders, report submission procedure and more: https://lnkd.in/eMQAmk8Y

#LetsTalkGlobalTax #CBAM #EU Over a year ago, the EU initiated the transitional period of the CBAM, requiring EU importers to report the embedded emissions of CBAM-regulated products. Join our webinar to find out about the concerned stakeholders, report submission procedure and more: https://lnkd.in/drfkV33t

#AfCFTA Secretariat annual report on the acceleration of the AfCFTA available on-line: the African Continental Free Trade Area (AfCFTA) Secretariat has made available the annual Report of the Secretary General on the AU theme of the year 2023 “Accelerating the implementation of the African Continental Free Trade Area”. The report, covering the period from february 2023 to february 2024, provides an overview of the work of the Secretariat during the year under review. It opens with an introduction on the AfCFTA which describes the evolution of the Agreement and the status of trade under the AfCFTA, including the Guided Trade Initiative (#GTI), the initiative that aims to test the operational, institutional, and legal environment of the AfCFTA by accompanying the State Parties to the agreement in the preferential exchange of a series of goods for which the relevant rules of origin have been agreed. Read more here: https://lnkd.in/dsEWFu_f

🚀 Exciting News for Importers! 🚀 The EU Commission has just released the updated Carbon Border Adjustment Mechanism (CBAM) Guidance Document! 🌍📄 This comprehensive update provides critical insights and detailed guidelines to help importers navigate the new CBAM regulations effectively. As we continue to strive towards a greener and more sustainable future, understanding these regulations is essential for all stakeholders involved in international trade and carbon management. 🔍 Key Highlights of the Updated Guidance Document: Enhanced Compliance Framework: Detailed steps for ensuring compliance with CBAM requirements: 🛃Simplified Reporting Procedures: Streamlined processes to make reporting more efficient. 🛃Sector-Specific Guidelines: Tailored advice for industries most impacted by the CBAM regulations. 🛃Best Practices for Importers: Practical tips and examples to facilitate adherence to the new rules. ⭐This update is a significant step towards reducing carbon leakage and promoting fair competition by ensuring that imported goods bear the same carbon costs as those produced within the EU.⭐ 📘 For more detailed information, check out the full guidance document here. Stay informed and compliant. Let's work together towards a sustainable future! 🌱 #Sustainability #CBAM #EUCommission #Importers #GreenFuture #CarbonManagement #InternationalTrade Credits : European Commission 🌍

Every sustainability managers in corporation must know the effects of CBAM on every industrial sectors and make stratgies to protect treasure profits by reducing the carbon tax/fee effects.