CBAM and the Path to Sustainability

In association with the British Stainless Steel Association, the NWL Chamber of Commerce has assembled experts from the UK and France to introduce CBAM legislation.  Experts will detail how the legislation will affect you, and how you will need to collect data.  Guests will hear the view from Europe and what the initial impacts have been and where it is going.

What is CBAM and how will it impact your business?

The world’s first carbon border tax was introduced by the EU at the start of October 2023. The U.K. will follow in 2026.

The Carbon Border Adjustment Mechanism (CBAM) is the world’s first carbon border tax, created by the EU, with the aim of reducing carbon emissions. Its primary focus is to address an issue called ‘carbon leakage’ or offshoring emissions. This happens when companies transfer the production of goods to countries with lower emissions standards, often leading to an overall increase in emissions.

In the second section of our event, we will look at how companies view their carbon footprint and what steps they made to make themselves environmentally friendly with a guest speaker from Fox Brothers.  In addition, our Patrons, Ryan, will talk about Energy credits.

Do you know the carbon footprint of your business? Santander can help you see how your business scores on ESG against globally recognised frameworks and will discuss the next steps in your journey to show you how to access reports and insights.

Secure your place(s) without delay, for this important event.