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The EUDR affects seven specific commodities – cocoa, coffee, soy, palm oil, wood, rubber, and cattle – and their derivatives, as well as products made using these commodities (furniture, as an example, in the case of wood). The regulation will require any company importing these commodities to the EU to prove the products are deforestation-free. Deforestation-free means the products come from plots of land where no deforestation or forest degradation, as defined in the EUDR, has occurred since December 31, 2020. #EUDR #southernpine #wood #lumber #internationaltrade #imports #exports #deforestation #sustainability #EU

Scheduled to start on January 1st, 2025, The European Deforestation Regulation (EUDR) is a new legislation adopted by the European Union to curb the EU market’s impact on global deforestation and forest degradation. The new rules are expected to reduce carbon emissions caused by EU consumption and production of the relevant commodities, in order to tackle deforestation and forest degradation. All wood-based goods (lumber, pellets, panels, papers, market pulp, etc.) must comply. It must be proved that the products did not originate from recently deforested land or have contributed to forest degradation. The products will have to carry proof of origin, be geo-located and registered. European Customs should receive the data in advance, via API, to allow the imports to be free of taxation. Those that don’t comply might face fees of 4% on the total exported turnover to the EU for the most recent year. Major export players are worried about it, for sure. But have all companies understood the implications for the competitors that will not be able to comply? As we know, whether locally allowed or not, some countries still harvest native trees to make Pulp and Paper Grades. #pulp #pulpandpaper #pulpandpaperindustry #packaging #packagingindustry #tissue #trades #EUDR

The EU's new Deforestation Regulation requires companies trading in cattle, cocoa, coffee, oil palm, rubber, soya and wood, as well as products derived from these commodities, to conduct extensive diligence on the value chain. Companies should consider now the impact of the EUDR on their supply chain due diligence to prepare for the new obligations that apply from 30 December 2024. Here are 10 things to know about the new regulation: https://ow.ly/GnBe50PiSB2

The EU's new Deforestation Regulation requires companies trading in cattle, cocoa, coffee, oil palm, rubber, soya and wood, as well as products derived from these commodities, to conduct extensive diligence on the value chain. Companies should consider now the impact of the EUDR on their supply chain due diligence to prepare for the new obligations that apply from 30 December 2024. Here are 10 things to know about the new regulation: https://ow.ly/8GFV50PlA3z

EU #deforestation free legislation kicked in back in June On 29 June 2023, the Regulation on deforestation-free products entered into force. The main driver of these processes is the expansion of agricultural land that is linked to the production of commodities like soy, beef, palm oil, wood, cocoa, coffee, rubber and some of their derived products, such as leather, chocolate, tyres, or furniture. As a major economy and consumer of these commodities linked to deforestation and forest degradation, the EU is partly responsible for this problem and it wants to lead the way to solving it. Under the Regulation, any operator or trader who places these commodities on the EU market, or exports from it, must be able to prove that the products do not originate from recently deforested land or have contributed to forest degradation.

The EU's new Deforestation Regulation requires companies trading in cattle, cocoa, coffee, oil palm, rubber, soya and wood, as well as products derived from these commodities, to conduct extensive diligence on the value chain. Companies should consider now the impact of the EUDR on their supply chain due diligence to prepare for the new obligations that apply from 30 December 2024. Here are 10 things to know about the new regulation: https://ow.ly/p1XO50PkaFJ Contacts: Genevra Forwood, Clare Connellan, James Killick and Sara Nordin #togetherwemakeamark

How the EU Deforestation Regulation Will Reshape Your Supply Chain in 2024 What is EUDR? The EU Deforestation Regulation (EUDR) is a legislative measure by the European Union, specifically Regulation (EU) 2023/1115, designed to reduce the impact of EU consumption on global deforestation and forest degradation. It targets key commodities such as cattle, cocoa, coffee, palm oil, soy, wood, and rubber—both as raw materials and derived products—ensuring they are sourced from non-deforested land as of December 31, 2020. Who are Regulated Entities: The regulation impacts any operator or trader who places the covered commodities or their products on the EU market or exports them from the EU. This includes all members of the supply chain from producers to retailers. Importantly, companies operating in the EU need to be prepared to comply with its requirements by December 30, 2024. Learn More : https://bit.ly/4bjg87I #EUDR #EUTR #FSCCOC #Duediligence

How the EU Deforestation Regulation Will Reshape Your Supply Chain in 2024 What is EUDR? The EU Deforestation Regulation (EUDR) is a legislative measure by the European Union, specifically Regulation (EU) 2023/1115, designed to reduce the impact of EU consumption on global deforestation and forest degradation. It targets key commodities such as cattle, cocoa, coffee, palm oil, soy, wood, and rubber—both as raw materials and derived products—ensuring they are sourced from non-deforested land as of December 31, 2020. Who are Regulated Entities: The regulation impacts any operator or trader who places the covered commodities or their products on the EU market or exports them from the EU. This includes all members of the supply chain from producers to retailers. Importantly, companies operating in the EU need to be prepared to comply with its requirements by December 30, 2024. Learn More : https://bit.ly/4bjg87I #EUDR #EUTR #FSCCOC #Duediligence

Rolling through the first month of 2023, many companies are starting to pay attention to all the requirements of the EUDR and how they can stay in compliance. For those who may not know, the European Union Deforestation-Free Supply Chain Regulation (#EUDR) has set mandatory reporting requirements to ensure commodities like wood products, beef, palm oil, and soy are produced without directly contributing to further global deforestation. That means businesses must demonstrate that their products don't involve land that has been deforested or caused forest degradation. Any businesses that deal in these commodities by placing them on the European market (or exports from it) are bound by the new regulations. Through due diligence and historical record-keeping, they must be able to show a clean record across the value chain to their product. Otherwise, they can face delisting from all commerce on the European market. ResourceWise has been covering this story since the details first emerged in June of last year. Since then, the European Commission has taken several steps to help clarify exactly what compliance will look like before December 30, 2024, when the EUDR officially begins enforcing the requirements. Check out our blog, detailing all the important aspects of the EUDR—including updates on the most important information about this critical requirement for global businesses. https://lnkd.in/e9ivUNP6 #europeancommission #regulation #deforestation

ESG is a broad practice that requires compliance teams to stay ahead of a variety of regulations. To combat deforestation for example, companies in the United States and Europe now face growing requirements to conduct rigorous supply chain due diligence and disclose sourcing practices for any imported timber. These laws aiming to prevent deforestation require companies to have a better understanding of whether the extraction of their raw materials are linked to conflict, environmental degradation, human rights abuses, or other issues. But identifying these materials within the tiers of your supply chain isn’t always obvious; the landmark law passed by the European Parliament earlier this year also names coffee, beef, soy, and other commodities that are suspected to be problematic. The complexity of supply chains makes it difficult to trace a product’s chain of custody back to the point of origin or even know where to start looking. To learn more about how to screen your entire list of inputs for prohibited commodities, like illicit timber, and remain compliant, read our latest blog post. #deforestation #timber #ESG #importcompliance