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Tackling deforestation and the climate and biodiversity crisis through due diligence

Whilst it is without a doubt that the Environment Bill, even if passed, is not going to solve the UK's contribution to the climate and biodiversity crisis, there are some hugely welcome measures that the Bill introduces.

The introduction of conservation covenant agreements (a concept that exists already in many Commonwealth jurisdictions) is one such measure. Enhanced due diligence and reporting obligations being the second.

One of the environmental images most painfully seared into my mind over the years is the video clip of a lone, helpless orangutan shaking its fist at a bulldozer ripping up its habitat. And it is that image that should be driving UK companies wholesale engagement with their new reporting obligations, if the Environment Bill successfully passes.


If passed, the law requires companies carrying out commercial activities in the UK with a certain turnover threshold, to: only use ‘forest risk commodities’, produced anywhere in the world, in accordance with local laws;carry out supply chain due diligence to check for risks of illegal deforestation in their supply chains; andpublicly report on their due diligence. Companies that do not comply with these rules will be subject to fines.

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Tags

commercial contracts, deforestation, biodiversity, orangutan, due diligence, environment