Thinking globally

Climate change is a global problem that needs global solutions.
EU Regulation 2023/956 on CBAM has been in force since October 1, 2023. We as importers have to take these into account and are subject to various reporting obligations from January 2024. After the introductory phase ends in December 2025, expanded reporting obligations and the acquisition of so-called CBAM certificates will follow from the beginning of 2026.

But what is actually behind it?
As the EU increases its own climate targets and many non-EU countries have less stringent climate policies, there is a risk of a so-called leakage of CO₂ emissions. The EU's Carbon Border Adjustment Mechanism (CBAM) is a tool to put a price on carbon emitted in the production of carbon-intensive goods entering the EU and to promote cleaner industrial production in third countries.

The CBAM will initially apply to imports of certain goods and selected raw materials:

• cement
• iron and steel
• aluminum
• fertilizer
• electricity and hydrogen

And what does that mean for our customers?
Since we import for you, we will of course also take care of all the expenses relating to CBAM for you. As a future registered CBAM importer, we ensure that all supply chains continue to function smoothly. We will also use the data collected as part of the CBAM to evaluate our suppliers within our supplier management and work with them towards lower-emission production and a reduction in CO₂ emissions.

If you have any questions about the entire CBAM topic, our project team will be happy to help you:
Hanna Dudel-Wiese | Phone +49/2333/8309-706 | hdudel@lederer-online.com