General

According to Huacheng Import and Export Data Observation, the official website of the European Council recently announced that the EU carbon tariff has been determined to start trial operation in October next year, which is 10 months later than the previously determined implementation time.

The EU carbon tariff proposal was approved by the European Parliament in June this year and was originally scheduled to be implemented on January 1 next year. According to the timetable released this time, the EU carbon tariff will be formally levied from 2027, with the transition period from 2023 to 2026. According to relevant agreements, EU carbon tariffs will cover industries such as steel, aluminum, cement, fertilizer, electricity and hydrogen energy. The European Council indicated that the initial carbon tariff was only applicable to the reporting obligation and was intended to collect data. However, with the gradual implementation of the policy, subsequent companies need to pay for their carbon emissions when importing products, and the price is linked to the European Union's carbon emissions trading system (ETS). ETS is the main policy tool for the EU to reduce emissions. It requires power plants and industrial enterprises that emit pollutants to purchase carbon dioxide emission licenses and set upper limits on emissions. Before the end of the EU carbon tariff transition period, the European Commission will consider including other goods with carbon leakage risk, including organic chemicals and polymers. The goal is to include all goods covered by ETS by 2030. Goldman Sachs estimates that, assuming a carbon tax of $100 per ton, China's exports to the EU will be subject to a carbon border adjustment tax of up to $35 billion each year, which accounts for 7.7% of China's total exports to the EU. In this regard, Wu Hongjie, Deputy Secretary General of China Industrial Development Research Institute and Director of the Carbon Neutralization Technology Center, said that the original intention of introducing carbon tariffs was to deal with the global climate change crisis. However, in actual operation, due to the different levels of development of each economy, it is difficult to avoid green trade barriers. Carbon tariffs will have a great negative impact on the exports of heavy industrial countries with high carbon emissions. The global trade pattern and industrial chain layout may face huge changes. Huacheng's import and export data observation reports.

According to the latest Research Report on Sustainable Development released by the German multinational SAP, Chinese enterprises strongly feel the urgency of implementing the "dual carbon" strategy. 75% of Chinese respondents believe that government regulation and policies are rapidly promoting enterprises to devote themselves to sustainable development; More than 50% of the respondents believe that environmental issues will have a substantial impact on business operations in the next five years. Liu Qiumei, chief marketing officer of SAP Greater China, pointed out that China's "dual carbon" goal has a profound impact on social and economic transformation, and green low-carbon economy has become an important direction for high-quality development of enterprises. "Research Report on Sustainable Development" Once again, it proves that China's new enterprises are developing in the direction of all green, with clear goals and strong momentum; But at the same time, we also face many challenges. How to implement carbon reduction is a matter of concern. SAP has nearly 20 years of practical experience in serving global customers for sustainable development, and hopes to enable Chinese enterprises to achieve the dual goals of business development and green carbon reduction, and to be their peers for sustainable development. "

According to Huacheng Import and Export Data Observation, this report covers more than 6000 respondents worldwide, and more than 30% of 412 Chinese respondents are senior executives. The report shows that 18% of the respondents believe that the government should provide corresponding financial support for sustainable development, which is specifically reflected in tax rebates for green businesses, optimal management of carbon quotas, and monetization support for green certificates and CCER; 28% of the respondents reported that the enterprise currently lacks professional talents and teams. The sustainable development team of the enterprise is only good at work in a certain field, but the knowledge structure and experience accumulation cannot meet the requirements of the enterprise to comprehensively and systematically promote sustainable development. The analysis of the report points out that the lack of talents and teams is the same problem faced by Chinese enterprises and global enterprises; 46% of respondents felt that they lacked confidence in the current data collection technology. In terms of data reliability, data acquisition frequency and data types, their current green and sustainable development conditions could not meet the regulatory requirements and enterprise development requirements to some extent; 50% of enterprises said that meeting these regulatory requirements and standards issued by governments is the main work at present, and compliance is particularly important for enterprises operating globally. The business of global enterprises has expanded to Europe, the United States and Japan. The green development policies of various countries have their priorities. When enterprises go to sea, they often need to meet the regulatory requirements of multinational governments at the same time.

The report points out that Chinese enterprises face three major challenges in their sustainable development towards carbon peaking and carbon neutralization. First, we need to strengthen the systematic planning of sustainable development; second, the digital level related to sustainable development needs to be improved; third, we need to cultivate the professional ability of green sustainable development. As a world-renowned provider of ERP systems and enterprise management solutions, SAP has listed sustainable development as a long-term strategic goal of the enterprise since 2009, and announced that it will achieve carbon neutrality by 2023. Based on its accumulated rich experience in the field of sustainable development digital innovation, SAP is constantly trying to find new solutions to help Chinese enterprises improve their overall sustainable development capabilities. Huacheng Import and Export Data Observation Report.

Under the influence of the EU's carbon tariff bill, which may reshape the pattern of global trade and industrial chain, Chinese enterprises are facing more pressing pressure. The EU intends to seize the commanding heights of the value chain of low-carbon industries and build a low-carbon system in line with its own interests by guiding the supply chain from high carbon countries to low carbon countries; At the same time, the EU will force developing countries to introduce their green technologies, standards and production equipment to further promote the development of green industries in the EU, which is conducive to achieving a virtuous circle in the field of green competition. Under the global production network, the implementation of EU carbon tariffs will further aggravate the imbalance of trade interests between developed countries and developing countries, resulting in developing countries not only facing the risk of being blocked at the low end of the value chain by developed countries, but also shouldering the high carbon burden brought by climate trade rules such as carbon tariffs.

In this regard, Liu Qiumei suggested that the "dual carbon" strategy of Chinese enterprises must have long-term thinking. Enterprises should not only consider the compliance of the practice of "dual carbon", but also consider upgrading the "dual carbon" sustainable development measures to the whole business process and even the strategic core in the process of "dual carbon" data transformation. The "double carbon" sustainable development and enterprise digital development are two complementary processes. The "double carbon" sustainable development can help enterprises accelerate their digitalization to a new level. The "double carbon" sustainable development can be organically embedded into business processes, which can further promote the innovation of enterprise business models and enhance their competitiveness. Huacheng Import and Export Data Observation Report.