CBAM – Carbon Border Adjustment Mechanism

Data collection & Supplier communication

Goin forward from Q3/2024, real emissions data must be gathered. To assist with the data gathering process, which is probably the most challenging aspect of CBAM, our services also include providing a simplified data-gathering Excel template, which is more user-friendly compared to the version provided by the EU Commission. Additionally, to facilitate communication with third-country suppliers, we supply a communication template in the form of an email draft. This draft can be sent alongside the Excel template to inform suppliers about the necessary actions they need to take.

Emissions calculations & Due diligence

If the supplier communicates emissions data and provides the required data using our Excel template or other acceptable formats, we calculate the direct and indirect emissions based on the methods outlined in the Annexes of the legislation. This process also includes verifying the reported emissions variables. We maintain ongoing communication with suppliers to ensure consistent production methods and valid calculation bases between reporting periods, thus maintaining data validity and ensuring CBAM compliance. 

In cases where the supplier does not provide emissions data, we use the "default" emission values published by the Commission to enrich the CBAM import data, ensuring a form of CBAM compliance despite the lack of direct data. We report non-compliant suppliers and provides necessary documentation for the Commission, serving as a record of compliance efforts. Additionally, we can assist in developing a due diligence procedure to evidence reporting efforts, demonstrating the company's commitment to compliance and helping to mitigate risks from non-compliant suppliers. 

Finalisation of the CBAM report

Once we have calculated the emissions based on the data from suppliers, we convert the completed CBAM report into the XML format required by the Commission's Trade Registry. This process ensures that all data is accurately represented and formatted according to the Commission's specifications, facilitating a smooth and error-free submission. 

Additionally, we assist you with the upload and submission of the XML file to the CBAM portal. Our team provides guidance and support throughout the registration and submission process, ensuring your organisation meets all deadlines and compliance requirements. 

By handling the conversion and assisting with submission, we streamline the reporting procedure, significantly reducing your administrative burden and ensuring efficient compliance. In other words, our CBAM experts and our comprehensive CBAM service not only ensures compliance but also reduces the administrative resources needed by outsourcing the process to us.