Transform EU Carbon
Regulations into a
competitive edge.

Avoid Carbon Border Tax Risk and Increase Your Exports to EU with Verofax Monitoring, Reporting & Verification automation system to grow your business.

Seamless EU Regulatory Compliance Solutions

GHG Verification & reporting.

Assisting you in accurately determining greenhouse gas emissions to mitigate tariff costs, complemented by transparent reporting.

Seamless CBAM Transition & Support.

Guiding your journey through the Carbon Border Adjustment Mechanism transition, providing essential support every step of the way.

Validated Multi-tier Supply Chain

Building trust and transparency by preventing double counting with computer vision Technology

Commodity Digital Passport.

Empowering traceability and transparency with digital passport across multi-tier in every stage.

Q & A

What is CBAM?

The EU's CBAM is an environmental policy designed to prevent carbon leakage by aligning the carbon costs of imported goods with those produced within the EU by imposing up to 35% tariff.

Can CBAM Certificates be Traded?

Currently, CBAM certificates, representing the carbon cost paid on goods, cannot be traded. They are specific to the importing company and the goods imported.

What is carbon leakage?

The risk of production shifting to countries with less ambitious decarbonization policies, known as 'carbon leakage'

How Does CBAM Work in Software Architecture?

In the realm of software architecture, CBAM represents a framework for evaluating the carbon footprint of digital solutions, ensuring that the technology sector contributes to sustainability goals.

What are CBAM Goods?

CBAM goods are products imported into the EU that are subject to carbon pricing, ensuring that their environmental impact is accounted for in their market price.

How to Calculate CBAM Tax?

Calculating the CBAM tax involves assessing the carbon footprint of goods, factoring in their production process, transportation, and lifecycle emissions.

Q & A

What is CBAM?

The EU's CBAM is an environmental policy designed to prevent carbon leakage by aligning the carbon costs of imported goods with those produced within the EU by imposing up to 35% tariff.

What is carbon leakage?

The risk of production shifting to countries with less ambitious decarbonization policies, known as 'carbon leakage'

What are CBAM Goods?

CBAM goods are products imported into the EU that are subject to carbon pricing, ensuring that their environmental impact is accounted for in their market price.

Can CBAM Certificates be Traded?

Currently, CBAM certificates, representing the carbon cost paid on goods, cannot be traded. They are specific to the importing company and the goods imported.

How Does CBAM Work in Software Architecture?

In the realm of software architecture, CBAM represents a framework for evaluating the carbon footprint of digital solutions, ensuring that the technology sector contributes to sustainability goals.

How to Calculate CBAM Tax?

Calculating the CBAM tax involves assessing the carbon footprint of goods, factoring in their production process, transportation, and lifecycle emissions.

CBAM Process

2023
1

Reporting Requirement

1 Oct 2023 - 31 Dec 2025
2024 2025
2

CBAM Authorization

1 Jan 2025
2026
3

Emissions Trading

1 Jan 2026

WHAT TO DO NOW?

Understand

  • Comprehend CBAM compliance regulations and define the scope of operations.
  • Familiarize with carbon emission criteria and conduct a potential impact assessment.

Review

  • Conduct an audit to assess compliance with CBAM regulations and perform a SOPs gap assessment relative to CBAM benchmark.
  • Evaluate reporting systems and develop mitigation strategies.

Prepare

  • Collect and verify data for reporting in compliance with CBAM.
  • Collaborate with suppliers and conduct staff training to raise awareness of CBAM compliance requirements.

Engage

  • Establish communication with vendors to navigate complexities and ensure compliance.
  • Monitor continuously and adjust strategies as necessary to maintain compliance.

What to do form 2026/2027 onwords?

Calculation of embedded direct and indirect emissions (actual or default valued)

Acquisition of BAM certificates from the relevant CBAM authority

For actual values: Verification by certified test center

Prepare and file an annual CBAM decleration by May 31

CBAM Process

2023
1

Reporting Requirement

1 Oct 2023 - 31 Dec 2025
2024 2025
2

CBAM Authorization

1 Jan 2025
2026
3

Emissions Trading

1 Jan 2026

What To Do Now?

Understand

  • Comprehend CBAM compliance regulations and define the scope of operations.
  • Familiarize with carbon emission criteria and conduct a potential impact assessment.

Review

  • Conduct an audit to assess compliance with CBAM regulations and perform a SOPs gap assessment relative to CBAM benchmark.
  • Evaluate reporting systems and develop mitigation strategies.

Prepare

  • Collect and verify data for reporting in compliance with CBAM.
  • Collaborate with suppliers and conduct staff training to raise awareness of CBAM compliance requirements.

Engage

  • Establish communication with vendors to navigate complexities and ensure compliance.
  • Monitor continuously and adjust strategies as necessary to maintain compliance.

What to do form 2026/2027 onwords?

Calculation of embedded direct and indirect emissions (actual or default valued)

Acquisition of CBAM certificates from the relevant CBAM authority

For actual values: Verification by certified test center

Prepare and file an annual CBAM decleration by May 31

Transform Your Supply Chain Today

Act now, don’t delay! Verofax can help you transform your business Operation & supply chain to comply with CBAM regulation before 1st January 2025

Industries

Iron & Steel

Streamlines traceability, offering a solution that enhances operational efficiency and circularity

Find out more

Cement

Digital passport and traceability bring transparency to multi-tiered supply chains

Find out more

Aluminum

Increase selling price of low-emission: Alumimum price premium of 20-50%

Find out more

Chemical

Achieve a harmonious blend of enhanced sustainability, innovative production methods, and competitive market advantage

Find out more

Fertilizer

Increase margin by reducing CER requirement: Validate low-emission and reduce Tariff.

Find out more

Textile

Enabling validation for suppliers: No-need for ISO 14064 for small suppliers

Find out more

Electricity

Avoid additional tariffs ranging from 20 to 35% on your import.

Find out more

Hydrogen

Accelerated growth and technological innovation, driven by increased demand for cleaner, low-carbon energy solutions

Find out more

Our Webcast on CBAM is available now

Recognition / Awards

prize--v1
PwCMEFuture50
prize--v1
GITEX 2023
prize--v1
LEAP23
prize--v1
EGA RAMP-UP
prize--v1
FUTURE100

Our Experts

Wassim Merheby - CEO

Wassim, our CEO, is the visionary leader connecting all the dots. Always at the forefront of innovation, he is excited to network and share insights at web summit 2023.

Nisreen Shadad - Head of Sustainability

Nisreen is our woman on a mission. She helps companies aggregate data for reporting and compliance, plus engage customers with low-friction offset options. Sustainable empowerment from end-to-end!

Hiren Patel - Chief Technology Officer

Hiren is here to demonstrate how products themselves can become your greatest Marketing Channel. Prepare to regain control of your promotion in multi brand stores.

Verofax Solutions are Hosted on Leading Technology Platforms to Guarantee

Deployment within 120 days

Integration with 130 ERPs

ROI within 6 months

In country data residence

Data security and GDPR compliance

Zero knowledge with Hyperledger blockchain

Our Partners

Book a Call with Our Industry Expert!

Take Control of Your data and emission management today!

Navigate the complexities of carbon border regulations. Take control of your data and emission management to grow exports.

CBAM-2024
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