21 January 2024

Still did not submit your CBAM report?

Why CBAM?

As the first reporting deadline of the EU Carbon Border Adjustment Mechanism (CBAM) on January 31st, 2024, rapidly approaches, businesses in the EU are gearing up to meet this new regulatory challenge. CBAM is a pivotal moment in worldwide climate-related policy initiatives, as companies importing certain commodity goods into the EU must report the greenhouse gas emissions deriving from their international production processes, for the first time in history. 

Fully understanding and complying with these regulatory requirements becomes a critical work in any involved company in order to avoid incompliance. In fact, fines can range from 10 to 50 EUR per tCO2. Don’t know what that means in your case? We are here to assist you. 

 

 

Streamlining CBAM Compliance: ClimEase's Innovative SaaS Solution

We at ClimEase have specialised ourselves exclusively to help EU importers to report on CBAM. In fact, we do not offer consultations or software solutions for any other regulation. Our team of experts has been following the developments of the CBAM regulation since its dawn on July 14th, 2021.

 

Our software solution meets all regulatory requirements and is designed for easy usage. For the January reporting we can provide you with a simplified Excel template, allowing you to easily input your customs data in a familiar file format. Our system allows for the seamless conversion of your data from Excel to XML format. All you have left to do is upload the XML file onto the EU CBAM Transitional Registry portal.

 

This user-friendly and automated process significantly reduces the complexity traditionally associated with regulatory compliance, not only saving valuable time but also minimizing the risk of errors, ensuring a smooth, hassle-free reporting experience.



Why do companies choose us?

Unlike consultancies, where the workload often remains with the client, our software simplifies processes and reduces the burden, featuring:

 

  • Compliance by design: Our software has been designed to align with all customs-related and scientific reporting requirements. Our easy-to-fill Excel, which is then transformed into a compliant and uploadable XML file, can ensure 100% CBAM compliance as we have had access to the EU CBAM Transitional Registry since last year: in fact, we know the platform by heart. On the other hand, our supplier emission surveys have been carefully designed by our life cycle analysis expert – and not some consultant or lawyer – in accordance with the official and scientific EU emission calculation rules.
  • Time-saving: Our software engineering team strives for maximal efficiency. The automated conversion of your data from our Excel to the compliant XML will save you time and resources. The alternative would entail filling out manually every field on the EU platform.
  • Scalability: whether you’re a small exporter or a large multinational corporation, our software can be tailored to fit your specific needs. Its scalable nature means that as your business grows, our solution grows with you, adapting to your evolving requirements. 
  • Adaptability: The regulatory landscape is ever-evolving, and so is our software. Regular updates ensure that you’re always in step with the latest CBAM regulations, making compliance a continual and stress-free process.
  • Support and Guidance: We believe in empowering our clients, not just providing a tool. Our dedicated team offers guidance on both using the software and understanding the nuances of CBAM requirements, guiding you all the way through the to-dos. As we just focus on CBAM and do not provide other services for other tax compliance, our team has highly focused expertise on the matter and can provide you with the best guidance possible.

Get in touch

Avoid fines and hassles. Contact us now. 

or email us at contact@climease.com

With ClimEase’s innovative software as a service (SaaS) solution, CBAM compliance will not only become effortless but will also allow you to spot new low-carbon-tax suppliers (more on this coming soon).

Nicolas Endress

Nicolas Endress

Founder of ClimEase