Supplier Data Collection - EUDR Guide
The EU Deforestation Regulation (EUDR) aims to combat deforestation linked to commodities like cattle, wood, cocoa, soy, palm oil, coffee, and rubber by enforcing stringent due diligence obligations.
Companies must ensure that products entering the EU market are not linked to deforestation that occurred after December 31, 2020. The regulation emphasizes transparency and supplier engagement, requiring detailed geolocation data, legal compliance documentation, and risk assessments for commodities sourced from deforestation-prone regions. Non-compliance could lead to severe penalties, including market exclusion and significant fines.
Key Points Covered in the Guide:
1. Comprehensive EUDR Compliance: Understand the deforestation-free requirements and legal obligations, including how to ensure your products meet the EU’s new standards.
2. Effective Supplier Engagement: Learn how to work closely with your suppliers to collect crucial geolocation data, trace product origins, and ensure full transparency in your supply chain.
3. Advanced Risk Assessment Techniques: Dive into risk management by understanding how to evaluate deforestation risks, especially in high-risk areas.
4. Technological Tools for Compliance: Discover how digital platforms like Orbify can simplify the collection, validation, and monitoring of supplier data.
5. Mitigating Non-Compliance Risks: Learn about the severe penalties for non-compliance, including significant fines, product confiscation, and market exclusion.
Download the guide to learn how to effectively manage your suppliers, conduct thorough risk assessments, and ensure full compliance with the EU Deforestation Regulation to protect your business and maintain access to the EU market.