Tag: Due Diligence

Development of Brazilian soy Due Diligence system underway

BVRio is using its extensive experience of creating and managing its successful timber due diligence software, to create a new Big Data based service for imports of Brazilian Soy into the UK and EU. The development project, funded by the Waterloo Foundation, aims to address a key cause of deforestation in Brazil; soy production. Brazil […]

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Illegal timber trade from Brazil and the need for robust due diligence

Illegal timber trade from Brazil and the need for robust due diligence

At the 12th BRICS Summit, held via video conference on the 17th November 2020, the Brazilian government “threatened to disclose” that “Europeans have purchased illegal timber from Brazil during 2017”.
Indeed, this is true.
Recent analysis by BVRio concluded that a high percentage of Brazilian hardwoods, exported to EU member states and the USA in 2016-2017, had a very high risk of illegality. The study was based on BVRio’s Timber Due Diligence systems, that uses big data analysis and satellite imagery and is able to able to identify the risk of irregularities in 99% of cases.

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Due Diligence & Risk Assessment system. What’s new?

Are you buying timber from Brazil? BVRio Due Diligence and Risk Assessment (DDRA) system makes it easy and straightforward for you to trace the supply chain of a timber consignment. We help you reduce your risk of buying illegally traded timber and to comply with EUTR and other timber regulations. We also provide a full consultancy service for our clients. We

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