CarbonChain’s Post

🚨 UK companies: Have questions about the upcoming UK Carbon Border Adjustment Mechanism (#CBAM)? 🚨 Starting 1st January 2027, a new #carbonprice will be applied to imports at risk of carbon leakage in sectors like #aluminum, #cement, #fertilizer, and #steel. To help you navigate these changes, CarbonChain is hosting a free webinar on TOMORROW, 19th November, 3-4pm GMT. In this session, you’ll gain: ✅ An understanding of scope, thresholds, and industry impact to prepare for CBAM ✅ A toolkit to assess the UK CBAM’s effect on your operations ✅ Insights into how CarbonChain is already supporting suppliers impacted by the EU CBAM. Don’t let a UK CBAM catch you off guard. Register now and ensure your business is prepared 👇👇https://lnkd.in/g4RwpGn9 #sustainability #carbonborderadjustment #UKCBAM #carbonchain #webinar #decarbonization

Six months and two reporting deadlines have passed since the European Union’s Carbon Border Adjustment Mechanism (#EUCBAM) came into force... But are you ready for the July 31st deadline?🤔 Or, is your head turning to the big October declaration? #ALFED Supplier Member, CarbonChain are offering a one-stop solution to ensure your data is ready for the looming deadline with their self-serve platform; FREE for #ALFEDMembers until October! Want to find out more?➡️https://lnkd.in/eRWFdEeS #CarbonChain #CBAM #CarbonBorderTax #Manufacturing #Aluminium 

Last but not least in our #CBAM series comes aluminium! European smelters, casting and processing industries will feel the impact of #carbonpricing from 2026. Integrating the latest 2023 EU #trade data and global #climatepolicy, our analysis reveals for EU’s imports of aluminium covered by CBAM: 📦 A total of 6 Mt across 56 CN codes were imported in 2023, amounting to EUR 21 bn ☁️ These imports contained direct and indirect embedded emissions of 67 Mt CO2e, mostly from unwrought aluminium 💱 13 non-EU countries already have a carbon price for aluminium, covering 35% of these emissions 💰 EU importers could incur a total carbon costs of over EUR 1 bn with a fully phased-in CBAM levy (calculated at 2023 EU ETS prices) As global carbon pricing for aluminium expands, there are increasing financial incentives to decarbonise the aluminium value chain. Along with the phase-out of free allowances in the EU #ETS, CBAM will raise CO2 costs and make low-carbon aluminium more competitive. Check our blogs for a cross-sectoral CBAM overview of embedded emissions and carbon pricing. See link in comments. 👇🏽 #Aluminium #Alumina #Metal

The slides from the EU's CBAM Export Group Meeting are available below. My key takeaways: 📊 15,361 reports submitted in Q3. Germany, Poland, Italy and Netherlands with the most declarations 🌏 Ukraine, Russia, Turkey, Canada sending the most CBAM goods to the EU since CBAM began, with China being the highest number of imports. 🏗 Breakdown of imports per aggregated goods category by volume: 69% Steel, 17% fertilizers, 9% cement and 5% aluminium 🚨 ~50% of importers were using actual values in Q3 2024! Still a long way to go on full compliance, but an impressive volume of data available. ↘ Simplification ideas: changes to the EUR 150 de minimis threshold AND potentially no CBAM reporting for CBAM precursors produced in the EU and subject to EU ETS. Worth remembering UK CBAM! Much more insight in the attached....! #EUCBAM #CBAM. Find out how CarbonChain can support your EU CBAM compliance and get in touch!

European aluminium is at a critical juncture as it faces taxes under EU CBAM in 2026, S&P Global's Jacqueline Holman writes here. Industry leaders like Emanuele Manigrassi from EUROPEAN ALUMINIUM and Guillaume de GOYS of Aluminium Dunkerque shared both their concerns and optimism regarding this transformative policy. Challenges remain significant: European producers are grappling with soaring electricity costs, which are up to three times higher than those faced by non-EU smelters. This has already led to a reduction of around 1.18 million tons in capacity since 2021. However, there’s a silver lining. CBAM is designed to level the playing field by taxing high-carbon imports, discouraging carbon leakage, and creating a market advantage for low-carbon products, which EU producers specialise in. As Emanuele Manigrassi noted, this mechanism, if implemented thoughtfully, could encourage investments in innovative, green technologies and enhance the competitiveness of EU producers. At CBAMBOO, we believe in simplifying complex regulatory requirements to drive sustainable practices across industries. Our mission is to empower companies to meet their CBAM obligations effortlessly, accelerating global decarbonisation and fostering a greener future. Read more in the link below 👇 #CBAM #Sustainability #Aluminium #GreenGrowth

🌍 Have you heard about the Carbon Border Adjustment Mechanism (CBAM) and its impact on global trade? The Carbon Border Adjustment Mechanism (CBAM) is an EU initiative aimed at reducing carbon leakage and promoting fair competition. By applying a carbon price to imported goods from regions with lower environmental standards, CBAM encourages greener production practices globally. Industries like steel, aluminium, cement, and fertilizers are particularly affected, facing new challenges and opportunities in sustainability and competitiveness. Stay tuned as we explore CBAM's implications and how DQS can guide your business through this transformative shift. Read more: https://lnkd.in/gTFVU7fC #CBAM #SimplyleveragingQuality #Sustainability #DQS #GlobalTrade #Steel #Aluminium #Cement #Fertilizers

The EU's Carbon Border Adjustment Mechanism also applies to sectors like electricity and hydrogen. Discover more about impacts to North American companies importing products into the EU in DNV's upcoming webinar discussed below.

Do you trade in Iron and Steel, Aluminum, Cement, Fertilizers, Electricity, or Hydrogen in the European market? 🌍 The EU's Carbon Border Adjustment Mechanism (#CBAM) is now in its transitional phase (Oct'23-Dec'25), with a full carbon levy starting in 2026. Have you prepared your greenhouse gas inventories (Scope 1, 2, and 3)? We offer #assessment, #assurance, and certification services to help you determine your CBAM emissions. Why Prepare? 🌱 CBAM Compliance: Essential for determining the carbon levy on EU imports. 🌱 Strategic Advantage: Helps reduce your carbon footprint and minimize CBAM's impact on your operations. Feel free to contact us for support with CBAM compliance! For more information: https://lnkd.in/gTFVU7fC #SimplyleveragingSustainability 

Adopting EU's CBAM regulation is a strategic move for North American firms in hard-to-abate sectors like cement, steel, and chemicals. It boosts shareholder and investor appeal while maximizing access to international markets. Discover more at our upcoming webinar: https://dnv.social/5z3 #emissions #esg #supplychain

📊 Breaking down the EU's Carbon Border Adjustment Mechanism (CBAM): How will it impact your industry? The CBAM is set to reshape international trade, but many are still unsure about its specifics. Let's dive into the heart of the matter: the methodology for calculating embedded emissions. Here's what you need to know: 1️⃣ Scope of Goods: CBAM currently covers cement, iron, steel, aluminum, fertilizers, electricity, and hydrogen. Products are identified using CN codes. 2️⃣ Emissions Data: Both direct and indirect greenhouse gas emissions are considered. 3️⃣ Calculation Process: Importers can use EU-provided default values or actual data from suppliers to determine CO2 equivalent emissions per unit of production. 4️⃣ Reporting: Quarterly reports during the transitional period, detailing import quantities and corresponding emissions. Understanding these aspects is crucial for businesses operating in or with the EU. Are you prepared for CBAM's impact on your operations? Share your thoughts or concerns in the comments! Let's discuss how we can navigate these changes together. #CBAM #EUTrade #SustainableBusiness #CarbonEmissions