3 simple steps to automate the CBAM report generation

The Carbon Border Adjustment Mechanism (CBAM) has affected a significant part of European industry since October 2023. By this date, companies that import products such as iron, steel, cement, aluminium, electricity, fertilizers, hydrogen and similar items from non-EU countries must submit a CBAM report each quarter.

The deadline for the next report is 31.10.2024

The CBAM regulations require companies to calculate the emissions from the production of imported goods and include product volumes, emissions and foreign CO2 prices in their report. Non-compliance can result in penalties of up to €50 per imported ton of CO2.

With Prospeum, we have created a simple way to fully automate the time-consuming process of report creation and information collection in just a few minutes.

 

Not sure if you are affected by CBAM?

Step 1

Upload customs data

Simply upload customs data to Prospeum.

Use our pre-built upload templates for quick and easy implementation

We need the following data: Download template here

Step 1

Upload customs data

Simply upload customs data to Prospeum.

Use our pre-built upload templates for quick and easy implementation

We need the following data: Download template here

Step 2

Automatic evaluation and emission calculation

Prospeum automatically identifies all relevant CBAM goods.

Our software automatically contacts your suppliers to gather all relevant data including emission estimates for report generation.

Suppliers receive step-by-step guidance to prepare correct data.

If a supplier does not provide data, we got you covered with automatic documentation as proof of reasonable effort performed.

Step 2

Automatic evaluation and emission calculation

Prospeum automatically identifies all relevant CBAM goods.

Our software automatically contacts your suppliers to gather all relevant data including emission estimates for report generation.

Suppliers receive step-by-step guidance to prepare correct data.

If a supplier does not provide data, we got you covered with automatic documentation as proof of reasonable effort performed.

Step 3

Automated CBAM Report generation

Prospeum automatically generates a complete CBAM report in XML format.

Now upload the generated report to the portal of the European Union.

Step 3

Automated CBAM Report generation

Prospeum automatically generates a complete CBAM report in XML format.

Now upload the generated report to the portal of the European Union.

90+ EU customers achieve CBAM compliance with Prospeum

Try our CBAM module 7 days for free

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