Savremeni izazovi kompanija da svoje poslovanje usklađuju sa CBAM regulativom

Abstract

Climate changes affect all aspects of life and society with wide repercussions on human beings. Ambitious sustainability objectives primarily defined by the Paris Agreement from 2015, via European Green Deal in 2019 get its materialization in various initiatives. One of the main goals set in environmental area in previous period is reflected in significant reduction of greenhouse gas emissions. Simultaneously with the EU intentions that Europe become the first climate-neutral continent till 2050, in May 2023 was adopted Carbon Border Adjustment Mechanism (CBAM) which should prevent so-called "carbon leakage", the behavior of EU-based companies which could move carbon-intensive production abroad to comply with lighter standards. Such behaviour could seriously undermine EU efforts, as well as efforts at the global level to realize sustainable goals. This paper deals with major features, scope and consequences of CBAM regulations, and through case study analysis of domestic company Elixir Group, as an example of good business practice, gave the recommendations for all stakeholders in the Republic of Serbia.