Is it necessary to conduct due diligence repeatedly for products sourced from the same land?
Is it necessary to conduct due diligence repeatedly for products sourced from the same land?
0 Comments
ESG Peers Answered question September 4, 2024
1 Answer
Yes, the obligation to furnish geolocation details in due diligence statements via the Information System pertains to each individual relevant product.
Operators (or traders not classified as SMEs) must provide this information each time they plan to market, make available, or export a relevant product.
Due diligence procedures must be conducted afresh for each relevant product, ensuring the provision of updated geolocation coordinates as necessary.
ESG Peers Answered question September 4, 2024