One simple step to understanding your EU Deforestation Regulatory Deforestation risks
Companies importing palm oil, soy, cocoa, rubber, and a host of other commodities into the EU are in for a challenging year. The pending EU Deforestation Regulation (EUDR) presents perhaps the greatest shift in approach to global deforestation ever attempted. All companies importing into the EU need to be able to demonstrate that there was no deforestation in their supply chain, post December 2020. Yes, you read that correctly. None.
To help companies get started, Palmoil.io team is launching a simple yet powerful tool to help both upstream and downstream companies analyze EUDR-related deforestation risks. In this post, we explain how in one step, Palmoil.io securely analyzes your mill list for a range risks, so you and your suppliers can be prepared.
The step: Build a dashboard with your mill list
Whether your mill list is public or not, you can upload your mill list directly into Palmoil.io and analyze it using our securely "Portfolio" feature. Simply upload your mill list into your private Palmoil.io “Portfolio”. Palmoil.io automatically links your mill list to our global mill database of 2,150+ mills. We analyze mills for recent and historical deforestation and use our estimated Traceability to Plantation system to build a supply chain of your risks.
EU regulation deforestation cases linked to your supply chain
Traceability to plantation is a major component of the EUDR. Your Palmoil.io dashboard helps you trace your mills to neighboring concessions. We use concession ownership and proximity to determine their relationship with the mill, which helps you prioritize which ones are most likely in your supply chain. You can sort your linked concession list to see which have had deforestation detected since December 2020, the cutoff date for the EU Regulation.
Each concession has a map with Planet satellite scenes to verify the deforestation. Zoom into the hexes on the map to see alerts and then click Planet layers off and on.
Palmoil.io Risk Insights for engagement
You will also see a list of Risk Insight reports in your dashboard. These are produced monthly by Palmoil.io’s expert analysts who review cases with high resolution satellite imagery, map any deforestation or peat loss identified, and tag the case if they think there is an EUDR risk.
Risk Insights reports can be downloaded as PDFs and shared with your suppliers to discuss specific cases. Coordinates and spatial files are provided to assist your supplier conducting field investigations.
Review your unresolved grievances
Your Palmoil.io dashboard links you to any grievances related to your mill list. Given the EU regulators will use public information as part of their due diligence checks, companies should assume that unresolved deforestation grievances will raise flags. Palmoil.io will help you identify them and keep you updated on their progress. You can also use the maps and monthly deforestation analysis to monitor whether moratoriums are being followed.
New Pricing to fit all budgets
We have introduced two new tiers, so all companies, no matter how much palm oil they buy or produce, can access our full dashboard capabilities. Our Producer tier is designed for upstream mills and plantation owners or smallholder cooperatives to help them monitor their plantations and mills and receive monthly risk insights. For downstream buyers with PO volumes under 25K tons, we have our Business tier, which specifically designed for companies buying small volumes but exposed to large and complex supply chains. Our grievance monitoring and risk insights help you track how your suppliers are tackling deforestation cases and other potentially EUDR risks like forced labor and land conflicts.
Free one month trial all February
Whether you have public or private mill list, you can upload your list into Palmoil.io for a one month free trial this February. Due to the efficiency of our software and open data approaches to monitoring, our prices are very competitive.
If you would like to further explore Palmoil.io’s features, we encourage you to start with a free trial today. Sign up to Palmoil.io at www.palmoil.io/#pricing or contact us for more information at email@example.com