Could certain commodities from a given country be considered ‘negligible risk’?
The law is quite clear in some respects, but it leaves some other issues a bit fuzzy and difficult to understand. If anyone has clear ideas and a precise answer, without a doubt, I would like to meet them. Thanks for the help. I’m thrilled to connect with others with like-minded interests.
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ESG Peers Answered question September 4, 2024
1 Answer
No. Palm oil, rubber, coffee, cocoa, or timber from a specific country can’t be considered “negligible risk”. The “negligible risk” element doesn’t apply to raw materials (there’s no “risk status” per raw material in the Regulation).
ESG Peers Answered question September 4, 2024