ECOM Collaborates with Sourcemap to Ensure EU Deforestation Regulation Compliance

ECOM Partners with Sourcemap for EUDR Compliance

In an effort to enhance compliance with the new EU Deforestation Regulation (EUDR), ECOM Agroindustrial Corp Ltd., a prominent player in the agricultural commodities trading sector, has announced a strategic partnership with Sourcemap, a leader in supply chain mapping technology. This innovative collaboration aims to improve the tracking, data collection, and management required throughout the supply chains associated with cocoa and coffee products.

The EUDR is designed to ensure sustainable sourcing by enforcing stricter regulations on the agricultural sector, particularly focusing on deforestation and environmental impact. Under the new rules, companies are mandated to provide comprehensive data about their supply chains, including digital mapping of farms to confirm that their products are sourced without contributing to deforestation.

Through this partnership, ECOM will utilize Sourcemap's cutting-edge supply chain regulatory software, which has won several accolades for its capability to streamline compliance processes. This technology enables ECOM to gather farm-level data, using advanced satellite imagery to monitor deforestation activities effectively. The collaboration is pivotal for ECOM, as it not only enhances transparency but also fortifies the integrity of their indirect supply chains concerning cocoa and coffee sourcing.

ECOM's CEO, Alain Poncelet, remarked on the significance of this integration, stating, "Growing our partnership with Sourcemap allows us to strengthen our EUDR compliance framework and customer offerings by integrating our supplier due diligence and EUDR data collection to the Sourcemap platform, complementing our existing direct supply chains solution.”

Sourcemap's acclaimed solution stands as a key element in ECOM’s strategy for maintaining compliance with the EUDR. The software facilitates the mapping and traceability of ECOM's indirect supply chains, allowing for a dual approach that incorporates both ECOM's internal deforestation monitoring tools and Sourcemap's AI-driven automation systems. This integration is designed to ensure that all shipments targeted for the EU market can be substantiated as deforestation-free, thus adhering to the strict regulatory requirements set forth by the European Union.

Leonardo Bonanni, the Founder and CEO of Sourcemap, expressed his enthusiasm about the partnership, stating, "ECOM's choice of Sourcemap's automated EUDR solution for their indirect supply chain underscores their commitment to excellence in cocoa and coffee sourcing." This sentiment highlights the forward-thinking approach that both companies are taking to address the pressing environmental challenges within the agricultural trade sector.

With over 40 countries in its operational footprint and a dedicated team of agronomists, ECOM has established itself as a cornerstone of sustainable agricultural practices. By working closely with local farmers and businesses, the company aims to create a mutually beneficial environment for all stakeholders involved—focusing not just on profitability but also on social and environmental responsibility.

Similarly, Sourcemap boasts a robust platform used by over 250 brands and 5.5 million suppliers, making it a pivotal tool in facilitating compliance with environmental regulations. Its automated EUDR solution features comprehensive functionalities including data collection, deforestation screening, and automated EU reporting, all of which play a crucial role in the sustainability narrative.

In conclusion, this partnership between ECOM and Sourcemap exemplifies a significant advancement in the effort to ensure responsibly sourced commodities that are aligned with international environmental standards. By embracing these innovative solutions, ECOM embeds sustainability deeper into its operational framework, paving the way for a more transparent and accountable agricultural commodity market that prioritizes both environmental health and business integrity.