What is the CBAM report?

Mondo Finance Updated on 2024-01-28

Approaching the end of the year, many companies have put the report sorting items on the agenda, among which CBAM is an important part of the report, so what is the content of the CBAM report and how to fill it?

CBAM, also known as carbon tariff, is a carbon border adjustment mechanism, which involves and covers a wider range than carbon inventory and carbon footprint.

Therefore, if you don't know much about it, you can find a professional organization to help deal with it, and the report probably includes these points:

1. Consultation on reporting policies: provide consultation on relevant policies, regulations and standards for CBAM reporting, including relevant policies and standards for EU carbon tariffs.

2. Filling process planning: According to the actual situation of the enterprise, plan the filling process of the CBAM report for the enterprise, including the preliminary preparation, the design of the filling content, the collection and sorting of data, etc.

3. Filling operation guidance: provide guidance on filling in operations, including how to use the relevant filling template, how to fill in each ** and field, etc.

4. Review and modification services: provide review and modification services for the content filled in by the enterprise to ensure the accuracy and completeness of the content, and assist the enterprise to solve the problems encountered in the process of filling in.

5. Training services: Conduct training on the specific policies and operations of CBAM report filling to improve the reporting ability and operation level of relevant personnel of the enterprise.

6. Consulting services: Provide consulting services on CBAM report filling, including answering questions from enterprises, providing relevant information and helping enterprises understand the latest policy changes.

In the process of filling in, the information of relevant industries and enterprises will also be summarized, so that the follow-up work can be better implemented. Things like the process, production data, and submission information will be summarized and submitted to the work!

When filling in the CBAM report, you should also pay attention to the standardization of the language, generally speaking, you need to use English. The CBAM Act, implementing regulations, and guidance documents are all in English, and there may be some language complexity and difficulty in understanding these materials. Enterprises need internal personnel to master the relevant templates and a certain degree of English reading and writing to ensure the accuracy and standardization of the report.

Therefore, on the whole, CBAM has a high and wide demand for personal ability, and if you are worried about making mistakes, it is better to try to hand it over to someone more professional.

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