We take care of your CBAM for you.
Your one-stop shop for CBAM reporting: We manage the process and minimize the risk of penalities.
Why Grace
Under CBAM, EU importers are obligated to acquire accurate carbon emissions data reflecting the factory setup (including installations and processes) and calculate data according to the calculation method established by the EU.
Grace Consulting's CBAM managed service takes the weight of CBAM reporting off of importers' backs and guides them through the CBAM process in a seamless manner that is fully compliant with EU regulations.
Importers Face Risks
According to the Carbon Border Adjustment Mechanism regulations, importers are responsible and accountable for the data their suppliers and sub-suppliers provide.
Importers have to comply to the Carbon Border Adjustment Mechanism regulation, which means they have to provide the correct carbon emission of all their suppliers and any sub-suppliers. In order to mitigate risk, it is recommended to provide and document the emissions calculations and the evidence.
An importer can be audited years after receiving goods from a supplier and rigourous record-keeping is a critical part of the reporting process. Accurate reporting of direct and indirect emissions increases in complexity, taking into account numerous imports, suppliers, and sub-suppliers involved in their supply chain.
EU customs audits encompass not only the emissions calculation of their own factory but also the calculation of emission data of their suppliers in case those suppliers provide them with precursors, which also are CBAM goods. An importer is responsible for checking if the data provided by the suppliers and sub-suppliers is correct.
We help you maintaining oversight of the entire process, assisting importers in gathering, inputting and verifying the computation of emission data to mitigate the possibility of penalties.
We take you by the hand
We oversee the Carbon Border Adjustment Mechanism reporting process and ensure accuracy of the CBAM reporting data to prevent importers from facing penalties.
Mistakes can lead to severe consequences for importers, such as penalties from the European Commission. Suppliers must provide evidence and calculations, which we oversee and manage. If there are any issues, we serve as your point of contact to resolve the issue and protect importers.
Our proactive approach helps importers comply with regulations and avoid penalties which will benefit the supplier-importer relationship.
Grace Consulting aims to be the go-to reference for EU importers seeking to mitigate risk and maintain compliance with CBAM in a cost-effective manner.
Contact
Grace Holding AG
9 Bahnhofstrasse
6460 Altdorf
Switzerland
info@graceconsulting.ch