Carbon Border Adjustment Mechanism (CBAM)
The Carbon Border Adjustment Mechanism (CBAM) aims to ensure fairness in bearing carbon costs between domestic and imported products in the European Union. CBAM represents an effective step to reduce carbon leakage and ensure equal carbon pricing globally. This mechanism will be implemented in two phases: the transitional period starting on October 31, 2023, and the permanent system that will come into effect on January 1, 2026.
QTC Services to Support Saudi Companies in Complying with CBAM Requirements
At QTC, we offer a range of services specifically designed to support Saudi companies and help them comply with CBAM requirements. Our services include
Continuous Support
and Guidance
Customized Training for
Saudi Companies
Gap Assessment
and Planning
Emissions
Verification
How does the QTC team help you adapt to CBAM requirements?
- We provide customized consultations on how to reduce carbon emissions by improving manufacturing processes and adopting efficient energy solutions.
- We support you in preparing comprehensive reports that comply with European regulations to facilitate dealings with regulatory bodies.
- By offering strategies to improve energy efficiency, we help you reduce carbon emissions, leading to lower compliance costs.
Challenges companies face in complying with CBAM requirements
- Compliance may require additional investments to develop green infrastructure and technology.
- The process of periodic reporting and updating monitoring systems can be complex and require specialized guidance.
- Continuous changes in regulations may require companies to keep updating and keeping up with new requirements.
How to prepare for compliance during the transitional period?
- We review your current systems and identify weaknesses that need improvement to meet CBAM requirements.
- We offer training programs to ensure your team understands CBAM requirements and how to effectively implement them.
- We work on developing a detailed action plan covering all necessary aspects to ensure full compliance during the transitional period.
Why is QTC your best choice?
With our extensive experience in providing carbon compliance solutions, we pride ourselves on being the ideal partner to help Saudi companies comply with CBAM requirements. We offer comprehensive services to support your sustainability efforts and ensure your readiness to meet European market requirements at the best cost and with minimal complications.
