The EU Commission has proposed a 12-month delay for the EU Deforestation Regulation (EUDR), moving the compliance date to December 30, 2025, for larger companies and June 30, 2026, for SMEs. This proposal awaits approval from the European Parliament and Council.
James Cropper have allocated a dedicated cross functional team in our continued efforts to implement current internal projects and plans ensuring compliance. Due diligence statements can be submitted before the new compliance date, and we aim to provide EUDR Reference Numbers to customers once the EU Traces System is soon as practically possible.
The EU Commission has released the formal EUDR guidance and updated the FAQ with 40 new questions. We are reviewing these documents to clarify any grey areas.
The country risk assessment project is expected to be completed by June 2025. Meanwhile, we will enhance our due diligence processes to ensure a robust approach, regardless of country risk ratings.
We will keep you informed about EUDR implementation and continue to support our customers.