Forestry monitoring management, also known as precision forestry, is crucial in preserving both the biodiversity and productivity potential of forests across the globe. The European Forestry Regulations are going to provide accountability and hopefully effect real change on the journey to greater ecological and economic sustainability.
Swift Geospatial offers a wide range of forestry monitoring services, allowing corporates involved in the farming of cocoa, palm oil, wood, soya and coffee, supplying the EU market full transparency regarding their operations.
As a business faced with these new regulations, where should you start?
Begin with your supply chain. Corporations are required to know their supply chains through and through – who the different stake holders are and what is happening at every stage – this enables you the ability to identify potential risks and challenges, such as supplier compliance or environmental impact.
Ensure your suppliers are committed to the same standards as your business
Inquire about your suppliers’ deforestation policies, procedures, and their methods of monitoring risks within their supply chain. By establishing this dialogue and connecting the various components of your supply chain, while consolidating reliable data, you can obtain valuable insights into your operational processes and associated risks. This approach enables you to ensure compliance with regulations, identify areas where value is generated, and pinpoint potential vulnerabilities where value could be compromised or lost.
Providing historical and up to date monitoring information on farming locations and forest location is a service we are able to offer companies across the globe.