The European Union’s Deforestation Regulation (EUDR) is groundbreaking in the fight against deforestation.
It mandates companies engaged in the import of commodities, such as cattle, palm oil, soy, cocoa, rubber, coffee, and timber, to provide evidence of deforestation-free supply chains.
Non-compliance poses the risk of financial penalties of 4% of revenue and severe reputational damage. In this new era of environmental accountability, thorough and continuous supply chain oversight has never been more crucial.