Berlin's Pioneering Carbon Management Software Facilitates Effortless CBAM Reporting

Berlin, 01.12.2023: In the ever-evolving arena of global trade, the European Union's Carbon Border Adjustment Mechanism (CBAM) has emerged as a transformative tool for decarbonizing industries, reshaping the landscape for businesses engaged in importing goods into the EU. With its demand for supplier-specific data, CBAM has become a crucial regulation, urging a strategic and well-informed approach.

Since October 2023, the EU has embarked on a transition phase, mandating quarterly reports for EU companies. The inaugural report, incorporating CBAM-compliant calculations, is slated for submission in January 2024. Furthermore, starting in 2024, companies will be mandated to gather primary data from suppliers and seamlessly convert it into reports. Post-transition, the associated costs linked to the EU Emission Trading System will have a financial impact characterized by a progressively increasing carbon price, fixed at 85 Euros per metric ton from November 2023. In this scenario, adaptability and informed decision-making emerge as imperatives, marking a pivotal moment in the trajectory of sustainable trade practices.

Berlin-based carbon management software solution provider, carbmee facilitates organizations with seamless CBAM reporting. The Environmental Intelligence System, carbmee EIS™, is a purpose-built platform to fulfil all CBAM requirements. Acknowledged by Gartner as a Cool Vendor 2022 and featured in the Hype Cycle 2023 for Environmental Sustainability, carbmee is at the forefront of pioneering solutions.

Why carbmee EIS™ Stands Out for CBAM Compliance:

1. Seamless Data Ingestion: Organizations mandated to report on CBAM can effortlessly integrate data from their ERP, customs, and eProcurement systems into carbmee EIS™. The platform ensures the filtration of pertinent CBAM goods, streamlining the process for heightened accuracy.

2. Optimization Made Easy: Identifying and completing missing data becomes an uncomplicated task with carbmee EIS™. The platform eliminates the need for cumbersome questionnaires, providing a more efficient and user-friendly experience.

3. Precision in Calculation: carbmee EIS™ adheres meticulously to the guidelines set by the EU Commission, ensuring accurate and compliant emissions calculations.

4. Streamlined Quarterly CBAM Reporting: Companies can effortlessly download their quarterly CBAM reports as XML files, primed for seamless submission to the EU.

Insights from Industry Leaders:

"With the reporting phase of the CBAM coming as soon as January 2024, we knew we needed to rely on a technology that could calculate the emissions of our purchased goods fast. Sustainability questionnaires for suppliers just wouldn't make it on the time and scalability we needed. carbmee EIS™ is a game-changer for CBAM compliance. In a matter of weeks, we are able to achieve full traceability of purchased goods' emissions, enabling us to meet new carbon regulations with unparalleled speed." - Andreas Schön from Kärcher - a global leader in the cleaning technology industry.

In the dynamic landscape of CBAM compliance, carbmee EIS™ stands as a reliable ally, guiding EU companies through complexities with precision and efficiency. Beyond a mere solution, it signifies an informed choice for businesses navigating the complex landscape of sustainable trade practices.

https://www.carbmee.com/
https://www.carbmee.com/product
https://www.carbmee.com/solution/achieve-complete-cbam-compliance
https://www.carbmee.com/whitepapers/cbam-strategies-insights

Media Contact:
Kalyani Chaudhari
Marketing Lead
carbmee GmbH
Linienstraße 214, 10119 Berlin
kalyanichaudhari@carbmee.com
+49 174 4921880

About carbmee
The Environmental Intelligence System, carbmee EIS™ is a purpose-built carbon management platform for enterprises with complex supply chains to identify and unlock their maximum carbon reduction potential. The platform is compliant with all international standards and is capable of automated and holistic calculation of carbon footprints on a product, company, and supply chain level.

carbmee EIS™platform enables companies with complex value chain unlock up to 90% carbon reduction potential across the value chain in as less as 21 days.

This release was published on openPR.