WHAT IS CBAM?
CBAM (Carbon Border Adjustment Mechanism) is a carbon tax introduced by the EU to combat climate change and reduce greenhouse gas emissions globally. It entered into force on October 2023 Regulation (EU) 2023/956 and inspired by the principle of 'the polluters pay', targeting carbon intensive goods imported into the EU.
Our CBAM Preparation Activities
In order to support our EU partners in complying with the Carbon Border Adjustment Mechanism, our company has taken several steps to improve emission transparency and data reliability throughout our production processes.
- Selected suppliers capable of providing reliable environmental and emission data.
- Conducted quarterly CBAM emission calculations during the transition period.
- Installed electricity meters to monitor production energy consumption.
- Worked with an external sustainability consultant for accurate CBAM calculations.
- Started an EPD study to assess and verify product environmental impacts.
The Carbon Border Adjustment Mechanism represents an important step in aligning global production with the climate policies of the European Union. As a manufacturer of steel road safety systems, our company is actively working to improve transparency regarding the embedded carbon content of our products. Through supplier engagement, improved energy monitoring, and structured emission calculations, we aim to support our EU partners in fulfilling their CBAM reporting obligations.