Sustainability: on CBAM and forced labour law

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In this Episode 5 of the CKI podcast series, we discuss sustainability and customs 'on both sides of the Atlantic'. Questions raised for the discussion:

  1. 'Sustainability' factors include environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters. Leaving aside the moral desirability of addressing these matters, is there a risk that the 'sustainability' label could be used to give respectability to trade discrimination?
  2. It has been suggested by Ira and others that the 'deep origin' information required is unrealistic - examples Uyghur production, deforestation - what are the likely consequences of enforcement?
  3. CBAM is now in its transitional phase.  The stated intention is to equalise the carbon price paid on imported goods with that paid in the EU.  However, the mechanisms (authorisation of importers, reporting/payment) are likely to restrict and reduce the quantity of imports - is this not so?

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Comments ()

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Environmental, Social and Governance (ESG)
01-01-2025

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

sustainability
icon
Environmental, Social and Governance (ESG)
01-01-2025

ESG stands for Environmental, Social and Governance, which are considered the three main pillars of ESG frameworks. These pillars cover key areas that companies must address and report on. The purpose of ESG is to identify and consider non-financial risks and opportunities associated with a company's day-to-day operations.

sustainability
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CBAM goods
29-12-2024

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.

sustainability
icon
CBAM goods
29-12-2024

CBAM goods are all goods for which the embedded emissions must be reported. In the EU, they are listed in Annex I to the CBAM Regulation.

sustainability
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20-10-2024

This article talks about the meaning of “ex” before commodity codes listed under Annex I of the EU Deforestation Regulation. With confusion around the interpretation of these codes, it’s one of the points that would need to be clarified before the Regulation can be implemented.

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X marks the spot
20-10-2024

This article talks about the meaning of “ex” before commodity codes listed under Annex I of the EU Deforestation Regulation. With confusion around the interpretation of these codes, it’s one of the points that would need to be clarified before the Regulation can be implemented.

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In June 2024, the EU took another step towards building a climate-neutral and circular economy and a greener environment. This is the adoption of the new Regulation (EU) 2024/1781 of the European Parliament and of the Council of 13 June 2024 - Ecodesign for Product Sustainability Regulation. The purpose of these innovations is declared to be quite noble - to increase product durability, reliability, maintainability, modernisation, reusability and recyclability, as well as to reduce waste generation and generally negative environmental impacts. Time will tell whether these goals will be achieved, as the first phase of implementation of these innovations is scheduled for July 2026. This article will help you understand what manufacturers, importers and other stakeholders can expect in the near future and the role customs will play in monitoring compliance with the new requirements.

Anthony Buckley

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Ecodesign for Product Sustainability Regulation: what should economic operators expect?
22-09-2024

In June 2024, the EU took another step towards building a climate-neutral and circular economy and a greener environment. This is the adoption of the new Regulation (EU) 2024/1781 of the European Parliament and of the Council of 13 June 2024 - Ecodesign for Product Sustainability Regulation. The purpose of these innovations is declared to be quite noble - to increase product durability, reliability, maintainability, modernisation, reusability and recyclability, as well as to reduce waste generation and generally negative environmental impacts. Time will tell whether these goals will be achieved, as the first phase of implementation of these innovations is scheduled for July 2026. This article will help you understand what manufacturers, importers and other stakeholders can expect in the near future and the role customs will play in monitoring compliance with the new requirements.

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Explainer
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Customs as the gateway to sustainability
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The customs industry, together with all the stakeholders such as policymakers, customs authorities, customs brokers, logistics, and trading companies, is becoming increasingly intertwined with sustainability policies aiming to mitigate the impact of climate change. These policies include the carbon border adjustment mechanism (CBAM), deforestation, new corporate sustainability regulations, etc., but also e-customs and aspects of the proposed EU customs reform.

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Customs as the gateway to sustainability
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The customs industry, together with all the stakeholders such as policymakers, customs authorities, customs brokers, logistics, and trading companies, is becoming increasingly intertwined with sustainability policies aiming to mitigate the impact of climate change. These policies include the carbon border adjustment mechanism (CBAM), deforestation, new corporate sustainability regulations, etc., but also e-customs and aspects of the proposed EU customs reform.

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sustainability
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