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TraceGains and Global Forest Watch Pro Join Forces for Enhanced Sustainability

TraceGains, a front-runner in compliance and quality solutions for the food and beverage (F&B) sector, has announced a significant partnership with Global Forest Watch (GFW) Pro. This union aims to revolutionize how F&B companies tackle environmental sustainability, particularly in light of the upcoming EU Deforestation Regulations.

With the European Union's strict regulations on deforestation looming, it has become essential for companies within the F&B industry to ensure that their supply chains adhere to these new standards. TraceGains is stepping up to the challenge by integrating deforestation data and comprehensive analyses from GFW Pro into its enterprise compliance suite. This groundbreaking collaboration provides food brands and manufacturers with the tools needed to effectively assess deforestation risks associated with their supply chains, ensuring compliance and boosting sustainability efforts.

The true power of this partnership lies in its ability to collect, aggregate, and analyze data related to forest-risk commodities. Using GFW's advanced technological framework, TraceGains enables customers to gain a clearer understanding of deforestation risks tied to their sourcing practices. This is especially pertinent to commodities such as palm oil, soy, beef, coffee, cocoa, rubber, and timber — all of which carry higher environmental risk.

TraceGains' suite offers an end-to-end solution tailored specifically to meet the requirements laid out by the EU. This includes a series of features that encompass data aggregation, supplier compliance risk assessments, plot deforestation analysis, risk analytics, and meticulous due diligence submissions. These processes can significantly streamline compliance efforts, effectively reducing operational costs while being part of an increasingly important sustainability narrative.

Paul Bradley, Senior Director of Product Marketing at TraceGains, highlighted the complexity businesses face when navigating vast pools of data. He emphasized the advantage of integrating GFW Pro's high-quality datasets, enabling customers to manage deforestation risks throughout their supply chains more efficiently. The integration helps create a centralized repository of knowledge that empowers stakeholders to make informed decisions.

Additionally, the deadline for verifying that no shipments originate from areas deforested after 2020 necessitates an urgent response from companies. Through the inclusion of GFW's monitoring capabilities, TraceGains' customers can proactively track environmental impacts while ensuring compliance with evolving regulatory standards.

This strategic partnership represents a major leap in the effort to create a sustainable F&B supply chain. TraceGains users can enhance their Environmental, Social, and Governance (ESG) reporting and bolster transparency, which is vital for consumer trust and brand integrity.

For customers, this means being able to identify potential sustainability risks promptly and act accordingly. By ensuring traceability and transparency within their supply chains, companies can not only meet compliance mandates but also demonstrate their commitment to sustainable practices to their customers and stakeholders.

Ultimately, the collaboration between TraceGains and Global Forest Watch Pro promises to deliver critical insights and innovative solutions that will support the F&B industry on its path to sustainability, enabling brands to fulfill their corporate social responsibilities while also positioning themselves favorably in a market that increasingly values environmental stewardship.

About TraceGains

TraceGains stands out as a purpose-built marketplace connecting leading F&B brands with suppliers of ingredients and packaging. It provides software solutions designed to manage challenges such as regulatory compliance, nutritional analysis, labeling, and product development, making it a crucial partner in the industry.

About Global Forest Watch Pro

GFW Pro is a supply chain edition of Global Forest Watch that utilizes technology to provide real-time forest monitoring, aiding companies in achieving sustainability via insightful analytics. With over 1,000 organizations relying on GFW Pro, it has become integral for monitoring and managing deforestation risks across diverse industries globally.