Trade timber online

A platform to facilitate the procurement of responsible timber products from producers worldwide.

Complementary services

Contract additional services to add value to transactions.

BVRio can assist market participants to obtain quotations for services that help them to add value and meet the requirements of every transaction.

Services include the contracting of insurance, receivables financing, quality control, field audits, supply chain traceability, and any type of logistics and exporting services. Through partnerships, we can also assist you in contracting timber processing and drying services.

Buyers can also request quality control and timber classification services, to be performed in the country of origin.

Contact BVRio for more information (timber@bvrio.org).

  • quality control

    Conducted by experienced timber classifiers.

  • Field audits

    Engage specialised forest auditors to verify your chain of custody and assist you in the due diligence of your timber products.

  • RECEIVABLE FINANCE

    Accounts receivable finance using your timber supply contracts as collateral.

  • EXPORTING AND LOGISTICS

    Contract for all integrated logistics, exporting processes, dispatch, and handling, from specialised service providers.

The system was designed to facilite compliance with timber legality requirements of Brazil, the US (Lacey Act), and Europe (EU TR), as well as to promote the objectives of the FLEGT Action Plan and forest certification schemes. prod-comprThe EU Timber Regulation, for instance, require importers to conduct due diligence on their products:
1) identifying their species and origin, 2) conducting a risk analysis, and 3) mitigating the risks identified.
BVRio Timber Exchange and Due Diligence tools were designed to facilitate this process.

due diligence and risk assessment

The System conducts a risk analysis of wood products along its supply chain, from point of production to final buyer. All information and documentation are stored in the system, using blockchain technology, and can be made available for independent auditing.

Available free of charge for participants to analyse the risks associated with their timber products.

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due diligence and risk assessment methodology

The due diligence and risk assessment system is based on cross checking large data sets of official documentation, external data sources, and satellite imagery, among others. In Brazil, data sources include the DOF and Sisflora official systems, FSC, Global Forest Watch, Imazon and ICV. Different sources will be needed to analyse legality in other countries.
DOCUMENT ANALYSIS

Documentation is checked to verify compliance with applicable legislation

REMOTE SENSING

Status of logging operations are checked with satellite imagery

FIELD AUDITS

If necessary, field audits can be conducted

EXTERNAL DATABASES

Verification of official lists of environmental infractions, license cancellations, slave labour, etc.

Risks are assessed along the entire supply chain of each timber consignment, which are classified according to the rating of their Key Risk Factors. The system is based on big data analysis that conducts over 2 billion data cross checks updated on a daily basis.


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Databases stored using blockchain technology.

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Advisory board

The Timber Exchange and its Due Diligence and Risk Assessment was developed with inputs from a series of organisations. An advisory board was created with individuals from the following organisations.
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News about the sector

Follow the latest news on timber legality and trade.

Supporters

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Contact us

Get in touch for further information