CBAM – Your Complete Guide
What is CBAM?
The CBAM (Carbon Border Adjustment Mechanism) is the EU’s regulatory mechanism for taxing CO₂ emissions from imported goods, aiming to reduce carbon leakage and promote sustainable trade practices. It applies to high-emission products, including:
- Iron & Steel
- Cement
- Fertilizers
- Aluminium
- Electricity
- Hydrogen
CBAM Implementation Timeline:
- Transitional Phase (Oct 1, 2023 – Dec 31, 2025): Importers must submit quarterly Product Carbon Footprint (PCF) reports.
- Full Implementation (From January 1, 2026): Importers will be required to:
✔ Submit verified total emissions for imported goods.
✔ Purchase and submit CBAM certificates covering these emissions.
✔ Conduct regular third-party emission verifications. - IMPORTANT: From January 1, 2026, only certified ‘Authorised CBAM Declarants’ will be permitted to import goods into the EU.
Why it matters for you:
The implementation of CBAM marks a major shift in EU environmental policy, impacting all businesses involved in international trade. Preparing for these changes is crucial, as they will affect multiple aspects of your operations, including regulatory compliance, supplier communications, and pricing strategies.
By integrating these new requirements into your processes early, your company will gain a competitive advantage in the evolving market.
Why Choose Kalafatis & CO:
Kalafatis & CO is the first customs brokerage firm in Greece to pioneer CBAM services, actively participate in European-level consultations and present at key industry forums, staying ahead of regulatory developments and understanding the nuances of compliance.
When it comes to compliance, precision is critical. Choose a partner you can trust—because with regulations like CBAM, your business cannot afford mistakes.
Our CBAM Services:
✔ Training & Guidance: Informative sessions and workshops to ensure your business’s CBAM compliance.
✔ Supplier Onboarding: Support in collecting and verifying emissions data from your suppliers.
✔ CBAM Reporting: Submission of all required declarations on your behalf via the CBAM EU TRADER PORTAL.
Download Our CBAM Presentation or contact us for further details.
