European Union (EU) Carbon Border Adjustment Mechanism (CBAM) Integrated Solutions

From 01 October 2023 onwards, importers of specific goods into the European Union (EU) must report embedded emissions and pay a carbon price (only from 2026 onwards) as a result of the Carbon Border Adjustment Mechanism (CBAM).

Goods within the scope of this regulation include cement, fertilizers, iron and steel, aluminium, hydrogen, and electricity.

The CBAM regulation (Regulation 2023/956) specifies rules on who can report embedded emissions, how embedded emissions are calculated, the information that must be reported, the amount of CBAM certificates that must be available in registry accounts, and more.

Navigating through the regulatory requirements and submitting embedded emissions to the European Commission in a timely manner can be challenging without knowledge and expertise.

Intertek’s integrated solution incorporates its extensive experiences in life cycle assessment (LCA), greenhouse gas (GHG) accounting, supplier audits, data collection and quality management, and carbon pricing in order to ensure that importers, suppliers, and manufacturers can report the embedded emissions of their goods with speed and precision, as well as identify emission hotspots and develop action plans to minimize the CBAM’s impact to their business.

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White Paper: European Union Carbon Border Adjustment Mechanism (CBAM)

Regulation 2023/956 of the European Parliament and of the Council established the European Union’s Carbon Border Adjustment Mechanism (CBAM) on 10 May 2023, requiring importers to report the embedded emissions of certain goods imported into the EU from 01 October 2023 onwards.

Download this white paper to learn more about essential information and details about the Regulation and how importers can prepare to meet the obligations stipulated by the CBAM.

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Intertek Assuris Services

Intertek can support suppliers, manufacturers, and importers in fulfilling their legal obligations.

1. Evaluating whether your goods and their associated input materials (precursors) are within the regulatory scope.
2. Conducting periodic data collection and data quality management of goods and input materials that are within scope for each supplier/manufacturer.
3. Calculating installation-specific embedded emissions of imported goods and relevant input materials (precursors).
4. Conducting third-party independent verification of embedded emissions.
5. Continuously monitor embedded emissions accumulated throughout the year to ensure there are enough CBAM certificates in registry accounts as required by the law.
6. Tracking and recording the carbon prices paid locally.
7. Assessing and identifying ways to reduce the impact caused by the CBAM, as well as by potential increases in the carbon price.
8. Identifying emission hotspots and developing action plans to reduce the embedded emissions of imported goods and relevant input materials (precursors).