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Carbon Border Adjustment Mechanism (CBAM)

UK businesses trading with the EU must report the carbon emissions of their exported goods

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The EU’s Carbon Border Adjustment Mechanism (CBAM) is a complex but crucial policy for combating climate change, with details still pending.

If you are exporting to the EU, EIC Partnership can help you put together the mandatory report on the carbon emissions of the exported goods.

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What is CBAM?

  • The EU’s Carbon Border Adjustment Mechanism (CBAM), launched last October, is in a transitional phase until the end of 2025.

  • It will fully start in 2026, requiring businesses to monitor but not yet pay for the carbon emissions of their imports.

  • This policy aims to prevent carbon leakage and support EU businesses by imposing charges on imports from countries with weaker environmental standards, ensuring a fair competitive field.

  • The specifics of these charges are still undecided, awaiting the transition’s end and future developments.

How does the EU CBAM affect UK businesses?

Even though the UK is no longer in the EU, this policy could still significantly affect UK businesses.

The EU’s Carbon Border Adjustment Mechanism (CBAM) is a policy still being fine-tuned, but it’s an important part of the EU’s strategy to fight climate change.

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01

It affects imports like steel, cement, aluminium, fertilisers, hydrogen and electricity from countries outside the EU.

02

The policy sets charges based on how much carbon was emitted to make these goods.

03

Businesses importing these goods will need to buy “CBAM certificates” to offset these emissions.

04

The money collected will help the EU’s climate efforts.

Comprehensive Sustainability Solutions

EIC combines its CBAM services with a wider approach to sustainability, offering a full range of solutions.

EIC provides smart energy procurement to lower energy expenses and various carbon management services to help businesses fulfil all legal standards.

This covers assistance with various environmental compliance and strategy programs like ESOS, SECR, CCA, and SBTi, as well as helping businesses buy renewable energy.

Altogether, these services offer a complete strategy for sustainability, enabling companies to lessen their environmental footprint while enhancing their operational efficiency and saving money.

Partner with EIC for Stable Energy Costs

Contact us at 0208 836 3535 or submitting the contact form today, and take the first step towards securing your energy costs!

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Ready for budget stability? Find out why hundreds of businesses in the UK choose us and stay. Get in touch with EIC for a consultation on Carbon Border Adjustment Mechanism (CBAM).

With a century of combined experience in carbon and energy strategy, EIC Partnership is here to help you manage today and plan for tomorrow.

Head Office

Monarch House
7-9 Stafford Road
Wallington
SM6 9AN

Redditch

3 Brooklands
Moons Moat Drive
Redditch
B98 9DW

020 8835 3535

info@2024.welovetyres.co.uk

EIC Partnership is the trading name for:

Energy Intelligence Centre Limited

Registered Number: 11899462 | Registered Address: 7-9 Stafford Road, Wallington, SM6 9AN | VAT Registration: 318 2851 01

ESS (Utility Consultants) Limited

Registered Number: 06585789 | Registered Address: 7-9 Stafford Road, Wallington, SM6 9AN | VAT Registration: 679 9865 35

The Monarch Partnership Limited

Registered Number: 04346309 | Registered Address: 7-9 Stafford Road, Wallington, SM6 9AN | VAT Registration: 793 6132 10)