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Mastering CBAM: Unlock Your Path to Sustainability


The UK is leading the global green revolution by setting one of the world’s most ambitious targets. As the first major economy to legally commit to net zero by 2050, a suite of policies and regulations is being implemented to transform industries and drive sustainable progress.

 

A key component of this green strategy is the Carbon Border Adjustment Mechanism (CBAM), which prevents carbon leakage by imposing a carbon price on imports from countries with weaker climate policies. For businesses engaged in international trade, understanding and adhering to CBAM regulations is not just a regulatory requirement — it’s a strategic imperative.

 

The European Commission’s recent unexpected decision to make supplier data mandatory in CBAM reports puts greater burden on firms to ensure accuracy of their reports. With ample time given for businesses to build strong channels of communication with their suppliers, non-compliant companies will face penalties that could undermine and jeopardise profits.

 

Want to protect your business and remain ahead of the curve? GM Chamber has organised a CBAM training on 18th September 2024. Designed for professionals involved in international trade, environmental compliance, and supply chain management, attendees will gain practical insights into CBAM, including how it affects their industry, the steps required for compliance, and strategies for minimising carbon costs.

 

Don’t miss this opportunity to stay ahead of regulatory changes and position your business as a leader in sustainability. Find out more and secure your spot below.



Sources: UK Government, Chartered Institute of Exports & International Trade

 

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