EUDR Compliance
The European Union Deforestation Regulation (EUDR) represents a crucial step towards preventing deforestation and promoting sustainable trade practices. Our work on environmentally sound practices, including the prevention of deforestation predates the introduction of the EUDR and we have started improving some targeted measures to ensure compliance with EUDR requirements ahead of them going into effect come December 2024.
01
Developing a Comprehensive Due Diligence Framework
We have established comprehensive due diligence processes to evaluate our supply chain for deforestation risks. This involves implementing systems to collect relevant data, including geospatial information, and assessing various risks throughout the value chain. Our framework also incorporates third-party verification to ensure the data collected complies with EUDR requirements.
02
Implementing Traceability Systems
We have invested in advanced traceability systems that help us track our products from farm to market.
03
Training and Capacity Building
We continue to conduct training sessions for our team and supply chain partners such as farmers, brokers and LBAs to ensure they are well-informed about EUDR requirements and best practices for compliance.
