In the current climate of heightened environmental responsibility, PEM® has also underlined its readiness for the Carbon Border Adjustment Mechanism (CBAM) regulation. Therefore, by choosing PEM® products, customers are not only assured of the highest quality and reliability, but are also contributing to a sustainable and environmentally responsible future.
CBAM is a climate measure designed to address the risk of carbon leakage, ensuring equivalent carbon pricing for imports and domestic (EU) products subjected to carbon costs under the EU ETS.
Mary Ann Fleming, president of PennEngineering® EMEA, states: “At PEM® Europe, we embrace CBAM as an opportunity to further our dedication to sustainable production, fostering innovation and contributing to a cleaner future for generations to come.”
In a market driven by quality and sustainability, the choice to invest in products ‘Made in Europe’ brings advantages often overlooked, as well as preventing any exposure to the CBAM duty.
European fasteners and installation equipment, renowned for craftsmanship and superior standards, offer meticulous attention to detail and a commitment to durability.
Notably, these European products adhere to strict ethical and environmental guidelines, promoting safety and eco-friendly production methods. Supporting European manufacturing not only boosts local economies, and preserves jobs, but also fosters innovation and champions sustainability efforts, aligning with eco-conscious consumer priorities.
“One key advantage lies in the transparency of sourcing and manufacturing processes within Europe, for Europe. This transparency not only enhances consumer confidence but also reduces carbon footprints due to shorter transportation distances. This aspect is particularly significant as it aligns with concerns about climate change and any CBAM duty,” concludes Mary Ann Fleming.
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Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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