Dominique Chantale Alepin’s Post

It was a pleasure to discuss with Federal Minister #Edtstadler for #EU and #Constitution about a strong but competitive #Europe of the future, especially in the #agricultural sector, as the farmer is usually the first link in a supply chain. #Sustainability must not only mean regulatory and due diligence obligations for companies, but should also enable fair competition with companies outside the EU and give them the chance to grow. Considering the Corporate Sustainability Due Diligence Directive #CSDDD, the Sustainability Reporting #CSRD, the Deforestation Regulation #EUDR and the Nature Restoration Law under discussion #NRL, the link between sustainability and fair competition is not foreseeable. A change of course will be necessary here.

The EU is introducing new regulations to combat deforestation which could be a game-changer for businesses worldwide 🍃 It's not just about compliance; it's about embracing a new era of environmental responsibility, and these regulations will shape sustainable strategies and drive positive change 🌳 Explore more in this interesting piece of PwC thought leadership 👉 https://pwc.to/3UPx5kY

Now that the EU's brand-spanking #DeforestationRegulation #EUDR is in force and will kick-in on the private sector at the end of the year, many companies who have failed to address deforestation risks in their supply chains are complaining about the new requirements. I was interviewed by Euronews about this new law, the potential it offers, and whether the industry concerns are legitimate, as part of a great explainer they've published. Check it out here: https://lnkd.in/gxQbTj_K ClientEarth

Check out this #EUDR explainer video from Euronews and the European Commission, featuring Mighty Earth's Michael Rice. 🇪🇺 🌱 It is an incredibly useful breakdown of what the EU Deforestation Regulation is, why it has been implemented and the concerns around it. #deforestation #traceability #regulation #duediligence #EU

As part of the EU Green Deal, and with less than 10 months before the EU Deforestation Regulation (EUDR) comes fully in force, our latest article outlines the regulatory due diligence requirements and actions businesses need to take to be ready across their global supply chains. Understanding the impact of EUDR on business operations can be complex and getting the insight required to perform robust and credible due diligence is a challenge.

Here at Lexology the question regarding the EU-Deforestation Regulation (EUDR) has been cropping up a lot recently when speaking to companies. With such potential huge impact, navigating what this means can be difficult. Our article below really tries to outline what it means to organisations with expert analysis from the team here. Please let me know if we can help in any way regarding this and how to stay on top of the ever evolving regulatory landscape.

The #EUDR is reshaping the landscape in the battle against #deforestation, that records a staggering loss of 122.29 million hectares (Mha) between 2010 and 2015 (Source: IDH The Sustainable Trade Initiative, 2020). As stated by our CEO, Manfred Borer, “We see the EUDR as more than just a regulation; it's a mission, a vital component of the #EuropeanGreenDeal, driving #climateneutrality by 2050. By adhering to the regulation, businesses contribute to the global fight against deforestation, a significant factor in #climatechange and biodiversity loss. With the deadline approaching in less than 11 months, we reaffirm our commitment to assisting producers and businesses in achieving compliance. We stand ready to provide expertise, technology and services to ensure regulatory adherence while concurrently fostering a sustainable future.  Despite extensive discussions surrounding the European Union’s new regulation on deforestation-free products (the EUDR), certain aspects remain unclear to stakeholders: 🔍 Large and medium-sized companies must adhere to the EUDR by December 30, 2024.  ❌ Non-compliance with the regulation may lead to severe consequences for operators and traders, including fines, market restrictions, or even exclusion from public procurement opportunities.  🌱 While challenges persist for smallholders, some view the regulation as a valuable opportunity to secure fairer income for their products.  📋 Businesses need to have a #DueDiligence report, containing information about geolocation information, evidence demonstrating that products do not originate from land deforested after December 31, 2020, and proof of legal production and trade according to the country's regulations. Amidst the uncertainties surrounding this new law, one thing remains certain: at Koltiva, we have developed solutions and programs to combat deforestation, aiding businesses in achieving EUDR compliance. Watch our recent webinar on how our comprehensive solutions and technologies can assist traders and companies in complying with this regulation: EUDR Mastery: The Countdown to EUDR Compliance with a Thorough Examination of Due Diligence Requirements & Implementation, led by our Head of Sectors, Meg Phillips and moderated by Daniel Agus Prasetyo, our Head of PR and Corporate Communication. Click here to watch: https://lnkd.in/dGtjp7nT

As the push to combat greenwashing intensifies, the level of data consumed to prove compliance will explode in scale. Australian regulators need innovative approaches to compliance at scale, including ‘algorithmic due diligence.’ The United Nations is working on a new Digital Product Passport standard that will make ESG claims portable between countries and software systems, but regulators will need to catch up quickly to take advantage of the change. #regtech #regulation #digitalproductpassport Clean Energy Regulator Department of Climate Change, Energy, the Environment and Water Australian Department of Home Affairs Australian Border Force Department of Agriculture, Fisheries and Forestry ACCC Australian Taxation Office Australian Energy Regulator Mark Williamson GAICD, FEIANZ

The EU-Deforestation Regulation is facing mounting challenges, raising uncertainty for companies seeking to comply with its requirements. Jack Barton explores the challenges in more detail in this deep-dive analysis, with input from legal experts, regulatory bodies, and companies impacted by the regulation. More on this only on Lexology PRO. https://lnkd.in/e8dt4jDM #esg #environment #deforestation #sustainability #eudr

In the midst of a critical battle against #deforestation, which saw a devastating loss of 122.29 million hectares from 2010 to 2015, the European Union's Deforestation Regulation (#EUDR) emerges as a beacon of hope, integral to the European Green Deal's mission towards climate neutrality by 2050. As the deadline looms within 11 months, Koltiva stands at the forefront, pledging unwavering support to businesses and producers navigating this transformative journey toward compliance. With a landscape of uncertainty still surrounding the EUDR, especially its impact on smallholders and the stringent requirements for large and medium-sized companies by December 30, 2024, #Koltiva offers a beacon of clarity. Our innovative solutions and dedicated programs are designed to address the challenges of deforestation, ensuring businesses not only meet but excel in their compliance efforts. Dive into our recent #webinar, "EUDR Mastery: The Countdown to EUDR Compliance," for an in-depth exploration of due diligence requirements and practical implementation strategies, led by Meg Phillips and moderated by Daniel Agus Prasetyo. This is your guide to navigating the complexities of EUDR compliance and fostering a sustainable future for all. Watch now!