EU Deforestation Regulation: Tackling Deforestation in Supply Chains

The EU has introduced the European Union deforestation regulation to ensure that companies selling products to the EU can prove that those products did not originate from recently deforested land. The regulation targets key commodities like soy, cattle, palm oil, rubber, wood, coffee, and cocoa, requiring companies to trace the origin of every raw material back to its source. While the goal is to halt deforestation globally, compliance poses challenges for companies, with potential fines and disruptions to the supply chain.