Deforestation is an alarming global crisis affecting biodiversity, climate, and human rights. The devastating impacts of deforestation, including reduced carbon storage, habitat loss, and biodiversity decline, have prompted governments worldwide to adopt legislation mandating deforestation-free supply chains. These laws require companies to ensure that the products they source and sell are not contributing to the destruction of the world's forests.
Companies must address their supply chain's impact on deforestation and remain compliant with evolving legislation, such as the European Union Deforestation Regulation (EUDR), the United States Lacey Act, and others. This process generally involves working with suppliers, conducting due diligence to identify any links to deforestation, and meeting reporting requirements. By complying with global deforestation regulations, businesses will play a significant role in preserving our forests and protecting the planet for future generations.