The CBAM is not officially a carbon tax. However, from 2026 it will function in similar ways to a carbon tax, by requiring companies to make financial payments (or 'adjustments') according to the greenhouse gas (GHG) emissions embedded in their imports of aluminum, steel, fertilizers, electrical energy, hydrogen and cement. Importers will report these emissions, then purchase and surrender CBAM certificates at the same cost per tonne of carbon dioxide equivalent as the average EU ETS carbon price for the past week.

Has CBAM been passed?

The CBAM regulation has been officially passed and has entered into force. It was published in the Official Journal of the EU on 16 May 2023. The transitional phase will begin on 1 October 2023 and the permanent system enters into force on 1 January 2026.

A Smarter Path to Sustainable Procurement

Procurement teams are facing new challenges: expectations to decarbonize, rising regulatory pressures, and the growing complexity of supply chain decisions. Yet, too often, the data needed to take meaningful action is incomplete, unreliable, or simply unavailable. CarbonChain Zero changes that.

Today's Challenge for Procurement Leaders

The stakes for procurement teams have never been higher. Whether it's meeting board-level sustainability targets, reducing carbon pricing exposure, or satisfying customer demands, companies are being asked to achieve more—faster.

But the tools available today don’t solve the real problem: knowing which suppliers are truly low-carbon, identifying alternatives, and creating a clear path to decarbonization.

CarbonChain Zero is built to help you overcome these hurdles without the delays or costs associated with traditional supplier engagement.

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Helping Procurements Teams Identify Low-Carbon Suppliers and Achieve Sustainability Goals Faster

For Procurement Teams: Quickly and confidently assess the carbon intensity of current suppliers, find credible low-carbon alternatives, and make informed buying decisions without needing months of supplier outreach.‍
For Trading Teams: Navigate volatile markets with a deeper understanding of carbon intensity, ensuring better margins and strategic decision-making.‍
For Sustainability Leaders: Move beyond guesswork to meet voluntary or regulatory goals, with data you can trust at the asset level.‍
For Long-term Strategy: Build a robust foundation for decarbonization by seamlessly incorporating supplier primary data over time, ensuring accuracy and transparency as your strategy evolves.

By addressing these critical gaps, CarbonChain Zero enables your team to not just meet expectations, but to set the standard in sustainable procurement.