EUDR Compliance Update
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The EU Deforestation Regulation (EUDR) aims to curb the EU market’s impact on global deforestation and degradation, as well as decreasing carbon emissions and biodiversity loss. It requires natural rubber to be ‘deforestation free’ in order to be sold on the EU market or exported from it. Extensive diligence will be required – including the geolocation of all plots of land where the rubber was grown and the date of production. Additionally, relevant goods must state their compliance with legal and sustainability requirements.
Current status
As of August 8th 2024, our team has successfully introduced the first assessments of our products in alignment with the EUDR guidelines and implemented the required changes to our documentation and systems.
Our next steps include
- Ongoing collection of geolocations from our supply chains, as well as deforestation risk analysis via our geospatial analysis software.
- Coordinating with our supply chain partners to align with the legality requirements of the EUDR standard (Article 2).
Impact on Customers
- Product Availability: In general we do not anticipate any disruptions in our supply chains during the transition to EUDR compliance, although we recommend that you check with your Corrie MacColl contact regarding the compliance status of specific supply chains and qualities.
- Documentation: We will shortly circulate proforma sets of documents to illustrate how we will provide you with EUDR compliance information for each delivery. These will be slightly different depending on the INCO terms on which you buy from us. Your Corrie MacColl representative will provide the appropriate set for your business.
- Support: Our Traders and customer service team are fully briefed and ready to assist with any queries you might have.
