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Carbon Border Adjustment Mechanism (CBAM): What businesses need to know
As one of the central pillars of the EU's ambitious Fit for 55 Agenda, CBAM is the EU's landmark tool to fight carbon leakage.
The European Commission adopted rules in governing the implementation of the Carbon Border Adjustment Mechanism (CBAM) during its transitional phase, which starts on 1 October of this year and runs until the end of 2025.
In the CBAM's transitional phase, traders will only have to report on the emissions embedded in their imports subject to the mechanism without paying any financial adjustment. This will give adequate time for businesses to prepare in a predictable manner, while also allowing for the definitive methodology to be fine-tuned by 2026.
Ibec alongside Engineering Industries Ireland will host this webinar, titled 'Carbon Border Adjustment Mechanism (CBAM): What businesses need to know' to provide practical information and guidance for members to aid them in understanding the Carbon Adjustment Mechanism.
The webinar will include a briefing from the Environmental Protection Agency (EPA) and Revenue.
Government opposed to EU plan to call time on seasonal clock changes
The Irish Government has confirmed it will not support EU proposals to abandon seasonal clock changes from 2021. This means it will be business as usual for those employers managing staff working a night shift when the clocks go back on the last Sunday in October and forward on the final Sunday in March.
Work-to-rule action planned by more than 80,000 healthcare workers suspended
Industrial action by more than 80,000 healthcare workers that threatened to bring widespread disruption to HSE and other services has been averted. The threatened strike action was in relation to understaffing.
Ibec to host Irelands first-ever Manufacturing Day
Ibec is proud to announce that it will host Ireland’s first-ever Manufacturing Day on Friday, 3 October 2025, marking a major new initiative to celebrate and showcase the country’s world-class manufacturing sector.
How to celebrate National Diversity and Inclusion Day
Wednesday 5th July marks National Diversity and Inclusion Day and offers us employers an opportunity to celebrate the ways we all can create a more inclusive world. These include both the small actions that make a difference and the big efforts business make to embrace diversity and inclusion every day.
Government to appeal High Court ruling on sectoral pay
In a judgement that issued from the High Court on Tuesday the 23 June 2020 in the case of National Electrical Contractors of Ireland (NECI) v the Labour Court and Others, Justice Simons has ordered that the provision under the 2015 IR Amendment Act to make sectoral employment orders (SEOs) is unconstitutional having regard for the separation of powers provision in the constitution that provides the power to make law to the Oireachtas, and only to the Oireachtas.
National Minimum Wage rises to €11.30 per hour from 1 January
The national minimum hourly rate will become €11.30 on 1 January 2023. In order to ensure that the rise in the minimum wage does not result in employers attracting a higher level of PRSI charge solely due to this increase, the employer PRSI threshold is set to increase from €410 currently to €441 from 1 January 2023.
Parental and Parent's Leave Remain on course to increase
Changes which were made to Parental leave and new legislation around Parent's leave are still expected despite the current policital landscape.
Ibec event celebrates new signatories to Employment and Youth Engagement Charter
Ibec, the group representing Ibec business, today hosted an event to celebrate over 20 companies signing up to the Employment and Youth Engagement Charter.
Security companies seek to have pay order set aside in latest challenge to SEO mechanism
Three security companies have brought a High Court challenge against the Minister, the Labour Court, the Security Industry Joint Labour Committee (JLC) and the Attorney General seeking to set aside the ministerial order that would increase pay for many individuals working in the sector.