Arivu Introduces Innovative Solution to Streamline EU Deforestation Regulation Compliance (EUDR)
London, 24th July 2023 – Arivu is pleased to announce the launch of its revolutionary product, an EUDR Digital PassportTM solution, designed to help companies effortlessly comply with the EU Deforestation Regulations (EUDR). The platform provides a seamless way for businesses to collect and manage the essential due diligence data and deforestation risk assessments required to meet EUDR obligations.
Arivu’s EUDR Digital PassportsTM act as comprehensive digital records containing all the necessary information, evidence, and change histories for any commodity shipment entering the European Union. Leveraging the power of blockchain technology, these passports ensure complete transparency, auditability, and security throughout the supply chain.
The platform simplifies the compliance process by enabling companies to input and access crucial data, including verification of deforestation-free land, adherence to local laws, and consent from indigenous populations. Moreover, Arivu’s advanced AI models automatically generate deforestation risk assessments at country and regional levels, streamlining the entire compliance process.
One of the standout features of Arivu’s solution is the incentivization of compliance and support for smallholder farmers. Companies purchasing passports for their shipments contribute to royalty payments for farmers and participate in carbon and circularity credit sales, promoting sustainability and social impact.
"We are excited to introduce Arivu's EUDR Digital Passport solution to help businesses meet their EUDR obligations efficiently and effectively. Our platform simplifies the compliance process, reduces costs, and fosters transparency, benefiting both businesses and smallholder farmers."
Arivu’s EUDR Digital PassportTM solution targets EU operators and traders responsible for importing commodities and derived products into the EU. The platform is essential for executive leaders and senior managers in corporate functions such as compliance, sustainability, and procurement. Additionally, companies throughout the value chain, including SMEs and logistics companies, will benefit from Arivu’s cost-effective and secure solution for their own due diligence and compliance needs.
With the EU Deforestation Regulations impacting tens of thousands of companies, insurers, financiers, and millions of smallholder farmers worldwide, Arivu’s solution is set to revolutionize the compliance landscape, making it simpler and more rewarding for all stakeholders involved.
About Arivu:
Arivu is a pioneering technology company dedicated to simplifying and enhancing compliance processes for companies dealing with EU Deforestation Regulations (EUDR). With its EUDR Digital PassportTM solution, Arivu empowers businesses to meet their obligations efficiently and transparently while promoting sustainability and supporting smallholder farmers.
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