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The Carbon Border Adjustment Mechanism (CBAM) is a tariff on carbon-intensive products imported by the EU and is initially being applied to products in various carbon-intensive sectors such as aluminium, cement, iron, and steel.
Exporters outside the EU will need to demonstrate that their products meet specific emissions benchmarks or pay the CBAM levy. This, in turn, will require robust reporting and verification mechanisms to ensure accurate assessment of any emissions associated with the production of the imported goods.
IsoMetrix Lumina ESG software is the ideal tool to assist your business in navigating this new sustainability regulation.
NOTICE:
CBAM takes effect in 2026, with reporting expected to apply from
1 October 2023
Align data to CBAM and other sustainability reporting formats to generate the required comprehensive reports more efficiently, consistently, and with a reduced administrative burden.
Manage upstream and downstream emissions data effectively with comprehensive records and audit trails.
Streamline carbon calculation of imported goods, including production and transport emissions, to adhere to CBAM requirements accurately and consistently.
Unlock investor-grade data and enhanced collaboration throughout your business with multiple data acquisition methods, evidence attachments, and comments at the data point level.
