CBAM! Smash! Ka-Pow! Are supply chains ready for the Carbon Border Adjustment Mechanism?
Can European companies find reliable supply chain emissions data to comply with CBAM?
European companies will soon have to report the supply chain emissions of their non-EU imports – but reliable data from suppliers to ensure CBAM compliance may be hard to come by.
Recognised as the first international levy on carbon emissions, the Carbon Border Adjustment Mechanism (CBAM) requires European importers to pay a tax on emissions derived from carbon-intensive products manufactured outside of the EU.