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By 2026, EU importers of CBAM goods will start purchasing CO2 allowances
Starting in 2026, any EU declarant failing to comply with the CBAM regulations will incur a penalty ranging from €10 to €50 per ton of unreported emissions.
Due to the phase-in of CBAM and the projected doubling of carbon allowance prices over the next decade, effectively managing your suppliers' emissions will become increasingly crucial.
Decarbonizing proactively provides a competitive edge. Purchasing offset allowances in advance helps reduce costs and demonstrates commitment to sustainability.
Automate reporting, streamline supplier collaboration, and align your sustainability goals—all in one powerful solution.
Gain actionable insights to lower emissions, manage rising carbon allowance costs, and protect your bottom line.
Our easy-to-use platform makes CBAM compliance easy, designed for first-timers and experts alike—no expertise needed!
Simplify supplier collaboration with tools to collect real carbon data, no spreadsheets needed.
Automate emissions data collection and reporting, cutting manual work and ensuring accuracy for CBAM compliance.
Access a robust database of 100k+ suppliers to optimize your supply chain for sustainability and savings.
Data requests are sent automatically when you have new suppliers or purchase new products
Most supply chain tools ask for supplier data but miss gaps. Greenly calculates carbon emissions, letting all suppliers provide accurate data to enrich a top carbon database.
The EU’s CBAM adds tariffs on carbon-heavy imports, pressuring businesses financially. With rising allowance costs, EU declarants must cut suppliers’ emissions or face higher expenses.
CBAM stands for Carbon Border Adjustment Mechanism. It applies a carbon price on imports into the EU to prevent carbon leakage and ensure imported goods follow EU climate standards.
UK companies exporting to the EU may be affected by CBAM. Covered goods like steel or aluminum must report carbon emissions, and EU importers may need to buy CBAM certificates.
Importers must report embedded CO2 emissions of certain goods and purchase CBAM certificates. These reflect the weekly EU carbon price, creating a level playing field with EU producers.
CBAM started its transitional phase in October 2023, requiring emissions reporting. From 2026, importers must also buy certificates based on the carbon content of covered imports.
CBAM certification is third-party verified emissions data for imported goods. It proves how much CO2 was emitted during production and ensures compliance with EU CBAM rules.
CBAM is not a direct tax but works like one. Importers must buy certificates for the CO2 emissions in their goods, similar to how EU producers pay under the Emissions Trading System (ETS).
CBAM affects sectors with high CO₂ emissions: steel, aluminium, cement, fertilizers, hydrogen, and electricity. These imports now face the same carbon pricing as EU-made goods.
Importing carbon-intensive goods will cost more under CBAM. Certificate prices will rise until 2034, so reducing emissions in your supply chain is key to avoiding higher expenses.
You’ll face rising CBAM costs on high-emission imports. By 2034, prices may reach €400/ton. Without emission cuts, you'll buy more certificates, raising your financial burden.
Greenly cuts CBAM costs by automating emissions reporting, helping suppliers reduce CO2, and finding low-carbon options. This lowers your supply chain’s carbon footprint, and your CBAM exposure. You can properly forecast your carbon allowances & gain savings!