The EU Deforestation Regulation (EUDR) aims to prevent global deforestation by ensuring products like soy, coffee, cocoa, and more, do not contribute to environmental degradation. Compliance requires:
- No sourcing from deforested land post-December 2020.
- Adherence to the country of origin's laws.
- A thorough due diligence process.
Non-compliance can result in fines up to 4% of turnover and market access denial.
Track commodities to specific land plots with precision. Optchain provides:
- Detailed geolocation tracking for imports, exports, and intra-EU transactions.
- Advanced data capture tools tailored to your supply chain complexities.
- Alerts for forest encroachment risks.
Identify and address high-risk areas effectively. Optchain offers:
- Global traceability expertise.
- Real-time risk assessment reports.
Engage stakeholders and verify compliance. Optchain facilitates:
- Supplier engagement and data sharing.
- Access for audit firms for compliance checks.
Meet reporting requirements with ease. Optchain enables:
- Yearly report generation on due diligence policies.
- Seamless uploads to the European Commission Information System, including the EU Single Window.
