EU Carbon Border Adjustment Mechanism: Preparing for the new regulation - The implementation of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) on 1 October 2023 is expected to reshape global trade at large. It is imperative that businesses understand and prepare for the changes that the mechanism will bring about.
Join us for a webcast on 14 February 2023 as KPMG professionals provide insights into the inner workings of CBAM, explore the effect that these measures have on organizations situated both within and outside the EU, and delve into why decarbonisation of production, whether that production is expected to be a key source of competitive advantage for selling into the EU market.
- Guest Speaker: METINVEST: Vitality Kovalenko, Sustainability and environmental management Director
- Mike Hayes, Partner, Climate Change and Decarbonization Leader, Global Head of Renewable Energy, KPMG International
- Ruth Guerra, Partner, International Trade & Green Taxation; KPMG Avocats (KPMG in France); Global Climate Advisory Leader, Global Decarbonization Center, KPMG International
- Anne-Cecile Moreno, Director, Global Climate Change and Decarbonization Center, KPMG International; Climate Risks & Decarbonization Leader, KPMG in the Netherlands
- Richard Lin, Partner, Supply Chain (GHG Emissions & Reduction) and; Head of Compliance in Carbon Market, KPMG China
- Merijn Betjes, Tax Director, Environmental Tax Expert & ESG Tax Lead for the Netherlands, KPMG in the Netherlands
- Carol Newham, Partner, and; ESG Tax & Legal Partner Sponsor, KPMG in the UK
Suggested audience: Heads of ESG, Heads of Finance, Heads of Sustainability and environment, Heads of Tax, and other business leaders
Randstad presented the 25th quarterly report entitled “Employers’ plans”. This is a useful compass for employees. This time the plans of employment are the most optimistic since 6 years”, commented PAIiIZ president Sławomir Majman during the conference held on 9 March.
The first part of 2015 is expected to be very optimistic regarding the employment market. The percentage of employers willing to create new jobs (30%) is the highest since six years – in went up by 4% q/q. Also the number of companies planning to increase salaries in growing. Moreover, despite the lack of enthusiasm among entrepreneurs regarding the economic condition of Poland, there is a rising trend in defining the situation of their companies as good or very good.
This is the following day since the middle of the last year when the indexes reached their maximum. The WIG20 ended up with 0,5 percent up and reached 2550 points.
Shares of PZU were of big interest and became 1,59 percent more expensive and cost up to 427 per share in the end of the day.
This is the highest rate in company’s history. Those investors who possess shares of the biggest Polish insurance company gained 46 percent since the beginning of the year.
What causes the growth? PZU had good financial results this year. During the third quarter the net profit grew up to 1,12 billions of PLN, mainly thanks to growing share prices at Warsaw exchange Stock and good valuation of the bonds.
The development of IT industry in the capital of Lower Silesia is remarkable and noteworthy; more and more companies announce new vacancies for work in their branches based in Wroclaw. One of the last examples is Sii, which is going to double the number of workers in their branch office located in our city. Those who are employed at branch office of Sii based in Wroclaw, work for clients from diverse industries including automotive industry, as well as banking and insurance sectors. They work at IT helpdesks, support customers using over 300 applications, administrate business support systems, develop software etc. Wroclaw's office was the third in Poland after Warsaw and Gdansk – now it is one six in the whole country.czytaj więcej
Concern NExteeer Automative, which biggest factory plants are in Poland, will invest about 12 millions of USD in new testing infrastructure, which should help to invent and develop smoother and more quite electric steering systems for hybrid and electric vehicles. The investments in technology have to give hybrid and electric models of vehicles, produced by international companies, improvement in driving comfort. Automobiles produced today are known to have less noise inside the vehicle. Not only noise reduction of the engine compartment or car interior influence on the noiseless, but also the usage of hybrid and electric propulsion system, as well as start-stop systems for instance. As Nexteer Automotive engineers note, reduction of noise decibels made by the engine led onto noise reduction of other components, as well as steering systems.czytaj więcej
Currently, Polish Information and Foreign Investment Agency (PIFIA) is in charge of 152 investment projects. Total value of planned investments may reach nearly 3 mln euro, whereas the amount of 32 000 new vacancies can be made.
The Agency is in charge of 38 projects originating from the United States, 29 German projects as well as 10 projects from Great Britain. Among the others, there are investors from France and Japan (9 projects from each country), as well as China, India, Switzerland and South Korea (6 projects from each country).