EUDR Compliance
Technology Solution
Our platform streamlines interactions across value chains to help with EUDR compliance requirements. By tracking a product's journey and the environmental impacts from source to it's EU import destination, we provide clients, buyers and key stakeholders with an accurate, reliable and trusted sustainable sourcing due diligence & reporting.
What is EUDR?
The European Union Deforestation Regulation (EUDR) is a landmark legislation is due to come into effect on December 30 2024 to prevent the import and sale of products linked to deforestation and forest degradation in the EU market. The regulation affects seven specific commodities (cocoa, coffee, soy, palm oil, wood, rubber, and cattle) and their derivatives - read KPMG's high-level introduction here.
EUDR requires these companies to conduct supply chain due diligence and provide evidence that their products are legal, sustainable, and deforestation-free. Failure to comply with the EUDR can result in penalties, reputational damage, and market loss.
The due dilligence process has three key elements:
Data Collection
Capture, record and manage records associated with growing locations, geospatial datasets and processing information.
Risk Assessment
Implement a robust risk assessment to determine high risk sourcing and production locations across your whole supply chain.
Risk Mitigation
Manage risks to a negligible level through risk reduction, independent surveys and audits, data quality reviews and ongoing monitoring.
How can KPMG Origins help with EUDR Compliance?
Comprehensive Shipment Data in One Place
Covering the entire supply chain, KPMG Origins assembles key data points for due diligence on locations, organisations and products, by connecting a specific shipment's data across the value chain.
Comprehensive Shipment Data in One Place
Covering the entire supply chain, KPMG Origins assembles key data points for due diligence on locations, organisations and products, by connecting a specific shipment's data across the value chain.
Trusted and Immutable Data for Reporting
Accurate and reliable data, immutably stored for future use provides centralised shipment data access for a diverse set of stakeholders. Data flows can be easily integrated with the EU Single Window reporting systems, while audit and assurance providers can leverage the data to support your due diligence and risk management programs.
Integrated your way
The KPMG Origins platform can be tailored to meet our client's specific needs and systems. Our modern suite of integration options connects reliable existing data sets and supports EUDR risk assessments, reporting and compliance.
Cost-effective with high Return on Investment
Our platform provides a high return on investment (ROI) by digitising data collection and reporting, while helping you avoid costly non-compliance fines and reduced productivity. Our traceability pricing model is scalable to accommodate our client's use of the platform and the volume of products traced.
