EU Carbon Border Adjustment Mechanism (CBAM) Consultation and Reporting Service
CBAM, short for Carbon Border Adjustment Mechanism, also known as "carbon tariffs" or "carbon border adjustment mechanism," refers to the requirement for imported or exported high-carbon products to pay or refund corresponding taxes or carbon quotas based on the implementation of strict domestic climate policies. The European Union's Carbon Border Adjustment Mechanism (CBAM) is a milestone tool that fairly prices the carbon emissions from carbon-intensive products entering the EU and encourages non-EU countries to produce clean (low-carbon) industrial goods.
Leverage can provide formal verification reports tailored to the requirements of the EU CBAM reporting, to meet the requirements for calculating product carbon emissions, and assist enterprises in data reporting.
Leverage Service Contents
Step 1 Impact Assessment
1.1 Assessment: Collect information through interviews/phone calls/surveys to fully understand the current situation of the enterprise, identify the product supply chain, data nodes, and tracking models that may be affected by CBAM
1.2 Carbon Footprint: For products that may be affected by CBAM, help enterprises calculate the carbon footprint of production and operation activities, compare and quantitatively analyze the emissions generated by the enterprise in production and operation activities with the industry average emissions
1.3 Impact Assessment: Determine the trading list within the scope of the enterprise's operation, consider applying for exemption from CBAM qualifications, estimate the economic impact of CBAM on the enterprise, assess trading risks, and clarify the difference in CBAM cost estimation
1.4 Response: Develop solutions and operational norms applicable to the enterprise, such as information systems, evidence collection, contract terms, invoicing templates/systems, stakeholder management (e.g., upstream and downstream suppliers)
Step 2 Filing
2.1 Filing Guidance: Assist enterprises in preparing CBAM declarations and purchasing CBAM certificates.
