The Requirements for Due Diligence Reports under the EU Deforestation Regulation (EUDR) are designed to ensure that companies importing or exporting products derived from specific commodities into the EU market adhere to regulations aimed at preventing deforestation and forest degradation. Here's a summary of the essential requirements
Risk Management System
Companies are required to implement a risk management system. This system should identify, prevent, and mitigate the risk that the products they deal with could contribute to deforestation or forest degradation.
Traceability
It's crucial for companies to trace the origin of their products. This means providing detailed information about the geographical location where the commodities were produced. Utilizing geolocation coordinates is an essential part of this requirement to ensure precise tracking.
Legality Verification
The due diligence process must include verification that the products comply with the legal requirements in the country of origin. This encompasses ensuring that the products have not contributed to deforestation or forest degradation post-December 31, 2020.
Supply Chain Oversight
Companies need to have a thorough understanding of their supply chain. This includes monitoring and evaluating their suppliers to ensure compliance with the EUDR.
Regular Reporting and Documentation
Companies are obligated to maintain and regularly update their due diligence documentation. This documentation should be readily available for inspection by the relevant authorities. It must detail the measures taken to ensure compliance with the EUDR, including the steps taken to mitigate any identified risks.
Continuous Improvement
The due diligence system should not be static. Companies are expected to regularly review and improve their processes to address any changes in risk or regulatory requirements.
By adhering to these requirements, companies can demonstrate their commitment to preventing deforestation and forest degradation, ensuring their products are sustainably sourced and comply with the EUDR.
Interested companies can explore SuperVision Earth's EUDR solutions by visiting the demo at https://svx.app/apps/SV_EUDR. Here, they can register, create a trial order, and experience the benefits of the application firsthand.
For further customization and specific inquiries, companies are encouraged to contact the SuperVision team directly at business@supervision.earth or visit the product page at https://www.supervision.earth/supervision-eudr for more information.