The EU has introduced a new emission reporting requirement for imports to the EU called Carbon Border Adjustment Mechanism (CBAM) effective from 1 October 2023.
You have probably already heard of CBAM and may have filed a quarterly CBAM report with default emission values for Q4 2023, Q1 and Q2 2024.
However, the most complicated part of CBAM is yet to come, as it is only from Q3 2024 that you are required to report real emissions data from your overseas suppliers.
Some companies have already started to receive real emission values from their suppliers. This creates questions on how to collect, calculate and document these data, especially as data in scope require that non-EU suppliers trace emissions for the whole production process undertaken before import of the products into the EU.
Collection of high-quality emission data becomes even more important with the potential adoption of a Danish national law on CBAM administration, which is aimed at enforcing provisions, in particular relating to collection of CBAM related information from importers as well as fines.
The webinar is aimed for companies that import products to the EU and are subject to CBAM, e.g., iron, steel, aluminium (including various articles of iron, steel, and aluminium), hydrogen, fertilisers, electricity, and cement.
