At the end of April, companies were required to submit quarterly CBAM (Carbon Border Adjustment Mechanism) reports. These reports focus on carbon border offsets. Thanks to CBAM, PST CLC Mitsui-Soko has gained a number of new customers for whom it processes CBAM reports. The so-called benchmarks announced by the European Union can still be used in the statements, but will no longer be applicable for imports after 1 July 2024. At that time, companies must have the actual values from their manufacturers and suppliers.
The CBAM is the European border carbon offsetting mechanism under the Green Deal, which entered a transitional phase at the beginning of October 2023. The CBAM targets steel and selected steel and iron products, hydrogen, electricity, cement, fertilisers, as well as aluminium and selected aluminium products. For importers bringing goods of non-European origin into the EU from the nomenclatures listed in the Regulation, this “carbon tariff” has brought new obligations.
The number of companies for which PST CLC Mitsui-Soko reports to CBAM continues to increase. “For example, we are now being asked by European companies that import into the Czech Republic, do business with companies in the Czech Republic and have found us on the Internet. We also owe our new clients to good references. The power of words has worked,” says Petr Böhm, Director of the Customs Services Division of PST CLC Mitsui-Soko.
He adds that PST CLC Mitsui-Soko is also preparing CBAM reporting for companies that are part of the Mitsui-Soko holding.
Customs services will be provided directly in Slovakia
PST CLC Mitsui-Soko is planning to open a branch office in Slovakia this year, where it will also provide customs services and therefore customs clearance and CBAM reporting. The company is ready to report throughout the EU.
“In connection with the opening of the branch, we will start providing customs services directly in Slovakia. We benefit from the fact that we are already an authorized economic operator, we have already defended AEO certification at the highest level F, which is valid across the European Union. Therefore, we do not have to undergo recertification only for Slovakia,” says Petr Böhm.
Expansion of services in Rotterdam and the UK
In addition to Slovakia, PST CLC Mitsui-Soko plans to expand its customs services offer in its Rotterdam office. In cooperation with partners, PST CLC Mitsui-Soko plans to expand its customs services activities to the UK, where there is an increasing demand for these services.
