Producers of Carbon Border Adjustment Mechanism goods outside the UK that export to the UK market are required to establish systems for monitoring their greenhouse gas emissions and obtain independent verification of those emissions. These requirements apply to installations producing subject goods such as cement, steel, aluminium, and fertilisers destined for the UK market. Overseas producers must maintain detailed records and documentation of their emissions data to demonstrate compliance with CBAM obligations.
Source: HMRC (GOV.UK) – Read the original