Kolum provides software that enables EU enterprises to manage compliance with Carbon Border Adjustment Mechanisms (CBAM) by automating the classification of imports, emission data requests from manufacturers, and the generation of quarterly reports. This solution simplifies the complex requirements of CBAM, allowing companies to fulfill their obligations efficiently and focus on their core business activities.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FFounders
Product
Problem
European Union (EU) enterprises importing goods from outside the EU face increasing complexity in complying with the Carbon Border Adjustment Mechanism (CBAM). This regulation requires companies to determine and report the embedded CO2 emissions of their imports, creating a significant administrative burden. Managing communication with manufacturers, classifying imports, and generating quarterly reports can be time-consuming and resource-intensive.
Solution
Kolum offers a software platform designed to streamline and automate CBAM compliance for EU enterprises. The platform enables users to classify imports according to CBAM data points, request emission data from non-EU manufacturers, and generate the necessary quarterly CBAM reports in the required XML format. By centralizing these processes, Kolum simplifies CBAM compliance, allowing companies to efficiently fulfill their obligations and maintain an overview of their carbon costs. The software also supports non-EU manufacturers by providing a centralized platform to manage relationships with EU customers and share CBAM emission data.
Target Audience
The primary target audience includes EU-based enterprises importing goods subject to CBAM regulations, as well as non-EU manufacturers who need to provide emissions data to their European customers and consulting companies.
Features
- Automated classification of imports based on relevant CBAM data points.
- Streamlined communication tools for requesting emission data from manufacturers.
- Generation of quarterly CBAM reports in the required XML format.
- Centralized dashboard for managing CBAM mandates and tracking carbon costs.
- Support for both EU enterprises and non-EU manufacturers.
- Step-by-step guidance for calculating CBAM emission data.