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No More Double Taxation: How to Deduct Local Carbon Taxes from the Cost of CBAM
Local Tax, Discount at the Border One of the biggest concerns of exporters about the Border Carbon Adjustment Mechanism (CBAM) is the multiplication of costs. "I pay taxes in my home country, do I pay them again at the border?" is a common question....
Keep Your Money in Your Country: The Financial Impact of Local ETS Systems on CBAM
The Power of Offsetting in CBAM As the Border Carbon Adjustment Mechanism (CBAM) comes into effect, a critical question is whether countries have their own Emissions Trading Systems (ETS). So, if a country has its own ETS, what is the impact on the...
Supply Chain Carbon Puzzle: Accounting for Emissions of Simple and Complex Products
Carbon Accounting in the Supply Chain: Emissions Management of Simple and Complex Products Calculating the Specific Embedded Emission (SEE) of a product is not always a simple process. The complexity of the calculation varies greatly depending on th...
Product Carbon Scorecard: What is Specific Embedded Emissions (SEE) and Why is it Important?
Specific Embedded Emissions (SEE) Guidance: Why is the Carbon Scorecard of Products Important? Every product we buy has an invisible environmental cost. New regulations such as CBAM place the concept of Specific Embedded Emissions (SEE) at the cente...
The Hidden Burden of Products: Embedded Emissions and the New Language of Global Trade
Embedded Emissions: The Carbon Burden of Products and New Rules in Global Trade Every product we buy carries an invisible burden beyond the price tag: embedded emissions. This is the total carbon footprint that is "piggybacked" on a product from r...
Which Greenhouse Gases Does CBAM Consider and How Does Its Interface Stay Simple?
CBAM and Greenhouse Gases: Which Emissions are Tracked and How is the Interface Simplified? Borderline Carbon Adjustment Mechanism (CBAM) reporting is based on greenhouse gas emissions. However, an important issue is which gases are taken into accou...
CBAM and Emission Scopes: What is Measured?
Scope 1, 2, 3: Fundamentals of Carbon Accounting and Focal Points of CBAM When it comes to carbon footprinting, emissions are classified into three main categories: Scope 1, Scope 2 and Scope 3. This classification is set by the GHG (Greenhouse Gas)...
Which Emissions are Subject to CBAM?
CBAM and Emission Calculations: Which Carbon Emissions Are Tracked? The Border Carbon Adjustment Mechanism (CBAM) takes a very specific approach to calculating the carbon footprint of products entering the borders of the European Union. This calcula...
CBAM Scoping and Tracking with CimpactPro
Importer Guide: How to Quickly Check Your Products for CBAM Coverage Step by Step with CimpactPro The first and most critical step in complying with the Border Carbon Adjustment Mechanism (CBAM) is to accurately identify which of your products are s...