TraceMark to provide EUDR Compliance and Risk Assessment for RSPO
In a big step towards sustainable and responsible palm oil production, the Roundtable on Sustainable Palm Oil (RSPO) has chosen TraceMark, the sustainable sourcing solution by NGIS, to provide EUDR compliance and risk assessment.
As RSPO evolves its Certification, Trade, and Traceability System (CTTS) to replace PalmTrace, TraceMark is set to provide first-mile traceability and monitoring capabilities, addressing critical risk assessment, earth observation, and geospatial requirements.
Under the partnership, TraceMark will support RSPO Members (operators and traders) in providing information necessary for the due diligence statement required by the European Commission in line with the European Union Deforestation Regulation (EUDR) by 29 December 2024.
RSPO has created a Consortium with NGIS, Agridence and CIED. This collaboration aims to integrate Certification, Trade and Traceability components into a unified and optimised system.
Chief Strategy and Digital Transformation Officer for RSPO, Ms Nikki Gee shared, “The decision to appoint the Consortium to manage and maintain RSPO’s systems is driven by a combination of best-in-class solutions that will be able to meet current demands and anticipate the future needs of a sector that is fast-evolving in line with tightening global regulations.”
The TraceMark/NGIS team will share insights and innovations at Jakarta's RSPO Annual Roundtable Conference (RT2023) from November 20 to 22.