The carbon tax is coming, how can OEMs avoid risks!
更新於 2023/05/18閱讀時間約 20 分鐘
From the manufacturer's perspective, as a joint brand owner, can OEMs levy a carbon tax on new and remanufactured products? In addition, will carbon tax affect the procurement policy of the company's supply chain, and how can we reduce the cost of carbon tax risk?
The implementation of carbon taxes may have an impact on supply chain procurement policies. When facing a carbon tax, companies often consider purchasing raw materials and components with low carbon emissions to reduce carbon emissions in the product life cycle. This could lead to a reassessment and adjustment of the supply chain, looking for more environmentally friendly and low-carbon alternatives or suppliers.
First, we need to understand what a carbon tax is. A carbon tax is a fee levied on greenhouse gas emissions that aims to make emitters bear the cost of the environmental damage caused by carbon emissions and provide an economic incentive to reduce emissions. A carbon tax can be a special public tax (Sonderabgaben), such as an air pollution charge or a specific purpose tax (green impact. cc). Different countries or regions have other carbon tax systems. For example, Singapore, Japan, Canada, the United Kingdom, Sweden, etc., all charge some fees for carbon emissions (green impact. cc, 2023).
Second, we need to understand what is a carbon border tax. The carbon border tax is a special tariff on carbon dioxide emissions imposed on imported high-energy-consuming products. It is mainly levied on carbon-intensive products (high-carbon emission products) among imported products. Products with higher carbon emissions in manufacturing will have to pay a higher carbon border tax. The European Union has announced the Carbon Border Adjustment Mechanism (CBAM), which regulates that high-carbon emission products imported into the European Union must set a fair price for the carbon emitted during the production process to encourage companies in non-EU countries to move towards the clean industrial chain. In addition, the United States, Japan, and South Korea have also considered or proposed related carbon border tax policies (greenpeace.org, 2023) (esg.businesstoday.com.tw, 2023).
Next, we analyze the possibility that the OEM, as a joint brand owner, can impose a carbon tax on new and remanufactured products. There is no clear answer to this question, as different countries may have additional regulations or standards defining what constitutes new and remanufactured products and how their respective carbon emissions are calculated and taxed. In general, OEMs may face higher cost pressures or Competitiveness drops. However, suppose the OEM's new and remanufactured products have lower carbon emissions during the production process or have paid a carbon fee or carbon tax equivalent to or higher than that of the destination trading body at the export location. In that case, the OEM may be exempted or pay less carbon border tax (greenpeace.org, 2023)(e.g., businesstoday.com.tw, 2023).
Finally, we want to analyze whether a carbon tax will affect the procurement policy of the supply chain and how to reduce the cost risk of a carbon tax. Generally speaking, if there are many high-carbon emission production links or sources in the supply chain, the cost and risk of the supply chain may increase when faced with differences in carbon prices between different trading entities. There is also no one-size-fits-all answer to this question, as other supply chains may have different compositions, characteristics, resilience, and adaptability. Therefore, the supply chain may need to adjust procurement policies, such as finding lower carbon emissions or more sustainable raw materials, parts, equipment, services, etc.; improving production efficiency and energy use; transitioning to cleaner or renewable energy sources; reducing logistics, Shipping, and packing, etc. In addition, the supply chain can also manage and report the carbon footprint of itself and its partners by establishing a more transparent and traceable information system; demonstrate social responsibility by participating in voluntary or mandatory emission reduction programs; invest in innovative technologies or Models to create differentiated advantages, etc. (esg.businesstoday.com.tw, 2023) (kpmg.com, 2023).
To reduce the risks posed by carbon taxes, companies can take the following measures:
- Improve energy efficiency: Reduce energy consumption and carbon emissions by improving production processes and using more efficient equipment.
- Use renewable energy: Switch to renewable energy sources, such as solar or wind power, to reduce dependence on fossil fuels and reduce carbon emissions.
- We are optimizing the supply chain: Work with suppliers to promote low-carbon measures, such as reducing transportation emissions or using sustainability.
- Support carbon emissions: Establish an effective carbon emissions tracking and reporting system to keep abreast of the company's carbon footprint and formulate corresponding emission reduction strategies.
Taking the above measures into consideration, enterprises can better reduce the risks brought by the carbon tax and promote sustainable supply chain management.
As a joint brand owner, the OEM imposes a carbon tax on new and remanufactured products. How to reduce risks and maintain a competitive advantage in the market:
- Carbon tax cost: Imposing a carbon tax will increase production costs for OEMs. The carbon tax rate may be determined based on the carbon emissions of products, so products with high carbon emissions will bear a higher tax burden. This could have an impact on OEM profitability and competitiveness.
- Carbon emission management: OEMs will need to pay more attention to product carbon emission management to avoid high carbon tax payments. This could involve using greener production techniques, sourcing low-carbon raw materials, and reducing energy consumption. This will require additional investment and effort to improve production processes and supply chain management.
- Supply chain impact: Implementing a carbon tax could lead to changes in supply chains. This may affect supply chain reliability, cost, and sustainability and requires supplier evaluation and selection. As an OEM, you may need to work with your suppliers to ensure they also take steps to reduce emissions and provide carbon-compliant raw materials and components.
- Competitive advantage in the market: Once the carbon tax is implemented, OEMs that adopt low-carbon measures may gain a competitive advantage. Consumers are increasingly concerned about environmentally friendly products, while reducing carbon emissions may be seen as an advantage for brand image and market competitiveness.
OEMs can take the abovementioned measures and pay close attention to relevant policy and regulatory changes to reduce the risks brought about by carbon tax. In addition, cooperate with other stakeholders such as the government, industry associations, and environmental protection organizations to jointly promote the carbon emission reduction and sustainable development agenda to reduce the negative impact of a carbon tax on enterprises.
REFERENCE:
REFERENCE:
1. 2022-12-07, Business Today﹒The future of sustainable investing： https://esg.businesstoday.com.tw/catalog/233997
2. Huang, Zheng-Zhong, 2017, KPMG in Taiwan, Sustainability Perspective: Constructing Enterprise Carbon Asset Management Capabilities, https://kpmg.com/tw/zh/home/insights/2017/12/201712-carbon-asset-manage-ability.html
3. Deng J, Luo X, Hu M. Implications of a Carbon Tax Mechanism in Remanufacturing Outsourcing on Carbon Neutrality. Int J Environ Res Public Health. 2022 May 2;19(9):5520. doi: 10.3390/ijerph19095520. PMID: 35564917; PMCID: PMC9106033.
4. Richstein JC, Neuhoff K. Carbon contracts-for-difference: How to de-risk innovative investments for a low-carbon industry? iScience. 2022 Jul 1;25(8):104700. doi: 10.1016/j.isci.2022.104700. PMID: 35856036; PMCID: PMC9287801.
為什麼會看到廣告
4會員
51內容數
我是一位專精在中港台海運進出口行業工作的從業人員，見證了行業從紙本文件到電子化的轉變。隨著科技進步和網路化，數位化作業成為必要趨勢，它大幅提升了作業效率並帶來的挑戰。近年來法令法規也不斷驟變，法令遵循也成為日益重要的議題。我會透過寫作分享自己對這些變化的看法，並提供相關經驗與知識，幫助新進人員更好地融入這個行業。
留言0
查看全部
你可能也想看
Google News 追蹤
*合作聲明與警語：
本文係由國泰世華銀行邀稿。
證券服務係由國泰世華銀行辦理共同行銷證券經紀開戶業務，定期定額(股)服務由國泰綜合證券提供。
剛出社會的時候，很常在各種 Podcast 或 YouTube 甚至是在朋友間聊天，都會聽到各種市場動態、理財話題，像是：聯準會降息或是近期哪些科
這一章介紹向量(vector)這個在物理、工程等領域非常重要的數學工具，以及如何用它來模擬一些物理現象。
New York, NY - June 15, 2024 - (SeaPRwire) - Recently, the TE Group has launched PCMP, the solution for proactive health management. The Preventative
準時起床 看了一部好電影
嚴格來說 是一個電影解說 ～朝聖之路～
女兒幫我按摩 我們一起做完空中腳踏車後 本來要關燈了 女鵝問：好像還有一件事 主動幫我按摩 心很暖
有房子住 有東西吃 凌晨起床 在電鍋放了早餐 家人睡醒就可以吃
一本揭露所有關於碳的真相，並即時改變之書。
The Carbon Almanac Network (碳年鑑網路團隊)。城邦文化。202209。陳正芬、何玉方譯。
❦推薦給：對碳相關氣候生態議題還未入門的小白、想補充更新、更多、更量化的碳知識的人。而且請趕快閱讀，因為碳觀念更新得很快……
這真
老規矩，邊聽歌邊看文字吧。
看到標題應該都會以為是at17的歌吧?
那天看到推薦歌單有這首歌，想說天吶，那是多久遠的事情了。
那一年配著電影畫面然後加上這首歌，陪伴了我很長一段時間。
上次發這個專題的文章已經是23天前。
妳們知道23天可以改變什麼嗎?
根據行為心理學研究指出，21天可以改變原有
最可怕的不是失去生命，而是被獨自留下。「若是，你們其中之一出事了（另一個人）怎麼辦？」
但也許這也應出，我成功長大了，但並不是個快樂的孩子，或者是我是個快樂的孩子，但我並沒有辨別、感受到父母給我的愛。也許真實感受到愛的人，才有勇氣承擔養育孩子的挑戰（但是偏偏周遭很多反例）。
台灣看西岸華人在西雅圖權利伸張辦的遊行有一樣的症狀，一邊說是「一開始就不該辦，渲染遊行變暴動，」一邊像是在看建築展、科技展一樣，誇示它們的高科技，而市中心四處流放遊民的問題乃政府基於普世價值，一面基於人道支援的高尚理由、一面又面臨居住治安堪慮的問題。
We recently came back to the States for the summer, my lovely wife and I, as we so often do. And we set about doing normal people stuff, by which I me
台灣南投 || 杉林溪森林生態渡假園區
翻閱今年初的日記
那時候的我仍然反覆經歷飲食失調的痛苦與掙扎
總覺得已經是好久以前了
這些文字記錄了曾經的黑暗，同時也見證了自己的成長
這幾年
失去了一些東西，修了幾門人生課題，也挖掘出新的自己
練習感受，學著接受，懂得享受
重新定義自己的樣子，體會
*合作聲明與警語：
本文係由國泰世華銀行邀稿。
證券服務係由國泰世華銀行辦理共同行銷證券經紀開戶業務，定期定額(股)服務由國泰綜合證券提供。
剛出社會的時候，很常在各種 Podcast 或 YouTube 甚至是在朋友間聊天，都會聽到各種市場動態、理財話題，像是：聯準會降息或是近期哪些科
這一章介紹向量(vector)這個在物理、工程等領域非常重要的數學工具，以及如何用它來模擬一些物理現象。
New York, NY - June 15, 2024 - (SeaPRwire) - Recently, the TE Group has launched PCMP, the solution for proactive health management. The Preventative
準時起床 看了一部好電影
嚴格來說 是一個電影解說 ～朝聖之路～
女兒幫我按摩 我們一起做完空中腳踏車後 本來要關燈了 女鵝問：好像還有一件事 主動幫我按摩 心很暖
有房子住 有東西吃 凌晨起床 在電鍋放了早餐 家人睡醒就可以吃
一本揭露所有關於碳的真相，並即時改變之書。
The Carbon Almanac Network (碳年鑑網路團隊)。城邦文化。202209。陳正芬、何玉方譯。
❦推薦給：對碳相關氣候生態議題還未入門的小白、想補充更新、更多、更量化的碳知識的人。而且請趕快閱讀，因為碳觀念更新得很快……
這真
老規矩，邊聽歌邊看文字吧。
看到標題應該都會以為是at17的歌吧?
那天看到推薦歌單有這首歌，想說天吶，那是多久遠的事情了。
那一年配著電影畫面然後加上這首歌，陪伴了我很長一段時間。
上次發這個專題的文章已經是23天前。
妳們知道23天可以改變什麼嗎?
根據行為心理學研究指出，21天可以改變原有
最可怕的不是失去生命，而是被獨自留下。「若是，你們其中之一出事了（另一個人）怎麼辦？」
但也許這也應出，我成功長大了，但並不是個快樂的孩子，或者是我是個快樂的孩子，但我並沒有辨別、感受到父母給我的愛。也許真實感受到愛的人，才有勇氣承擔養育孩子的挑戰（但是偏偏周遭很多反例）。
台灣看西岸華人在西雅圖權利伸張辦的遊行有一樣的症狀，一邊說是「一開始就不該辦，渲染遊行變暴動，」一邊像是在看建築展、科技展一樣，誇示它們的高科技，而市中心四處流放遊民的問題乃政府基於普世價值，一面基於人道支援的高尚理由、一面又面臨居住治安堪慮的問題。
We recently came back to the States for the summer, my lovely wife and I, as we so often do. And we set about doing normal people stuff, by which I me
台灣南投 || 杉林溪森林生態渡假園區
翻閱今年初的日記
那時候的我仍然反覆經歷飲食失調的痛苦與掙扎
總覺得已經是好久以前了
這些文字記錄了曾經的黑暗，同時也見證了自己的成長
這幾年
失去了一些東西，修了幾門人生課題，也挖掘出新的自己
練習感受，學著接受，懂得享受
重新定義自己的樣子，體會