Finboot
European Union Deforestation Regulation Compliance Guide
Pages
23
Time to read
18 mins
Language
English
Pages
23
Time to read
18 mins
Language
English
This guide provides an in-depth overview of the European Union Deforestation Regulation (EUDR), which will take effect in December 2025, impacting the import and trade of regulated commodities such as palm oil, cocoa, and wood. It is intended for advanced practitioners who are looking to implement scalable and auditable compliance solutions. The guide outlines the obligations for companies, including ensuring products are deforestation-free, providing geolocation data, and submitting Due Diligence Statements (DDS) through the TRACES system. It also discusses the operational challenges companies face in meeting these requirements, such as managing supplier compliance and integrating EUDR compliance into existing systems. Furthermore, the guide highlights the MARCO Track & Trace tool developed by Finboot, which automates compliance processes, including risk assessment and DDS reporting. The document details the step-by-step processes for compliance, including purchasing scenarios within and outside the EU, and emphasizes the importance of digital-first solutions for effective compliance management.