# Fight against EU-induced deforestation requires a duty of care, according to draft ‘Burkhardt report’ | AGENCE EUROPE

> MEP Delara Burkhardt presented a draft own-initiative report to the Parliament's Environment Committee on 2 July calling for mandatory due diligence for companies placing forest-risk products on the EU market. The draft includes reporting, liability and sanctions provisions. The EU reportedly accounts for 7-10% of world consumption of deforestation-linked plant and animal products.

- Date: 2020-07-01 · published 2020-07-01T12:00:00.000Z
- Category: policy · region EU · magnitude low
- Page: https://feedsoft.ai/events/52141-fight-against-eu-induced-deforestation-requires-a-duty-of-care-according-to
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

If adopted, mandatory due diligence could add compliance costs for soy and beef imports into the EU, supporting a premium for certified deforestation-free supply.

## Read by commodity

- SBM: neutral
- SOY: neutral
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-09-16 | [Delara Burkhardt fears lack of ambition in future European law against global deforestation imported into EU \| AGENCE EUROPE](https://feedsoft.ai/events/45101-delara-burkhardt-fears-lack-of-ambition-in-future-european-law-against-global.md) | -0.9% | -7.7% |
| SOY | 2020-10-20 | [Broad consensus in European Parliament to call for a binding legal framework to fight deforestation driven by EU commodity imports \| AGENCE EUROPE](https://feedsoft.ai/events/50660-broad-consensus-in-european-parliament-to-call-for-a-binding-legal-framework-to.md) | +3.2% | +9.4% |
| SOY | 2021-10-20 | [Future rules against imported deforestation in EU, Greens/EFA Group reiterates European Parliament’s expectations \| AGENCE EUROPE](https://feedsoft.ai/events/44587-future-rules-against-imported-deforestation-in-eu-greens-efa-group-reiterates.md) | +0.8% | +1.9% |
| SOY | 2022-07-01 | [‘Full of more holes than Swiss cheese’? Europe accused of watering down its deforestation due diligence regulation](https://feedsoft.ai/events/40524-full-of-more-holes-than-swiss-cheese-europe-accused-of-watering-down-its.md) | -2.7% | -2.3% |
| SOY | 2024-12-18 | [Postponement by one year of formally adopted regulation on imported deforestation, after eight months of uncertainty \| AGENCE EUROPE](https://feedsoft.ai/events/26994-postponement-by-one-year-of-formally-adopted-regulation-on-imported.md) | -0.2% | +4.3% |
| SBM | 2021-09-16 | [Delara Burkhardt fears lack of ambition in future European law against global deforestation imported into EU \| AGENCE EUROPE](https://feedsoft.ai/events/45101-delara-burkhardt-fears-lack-of-ambition-in-future-european-law-against-global.md) | +0.8% | -5.1% |
| SBM | 2020-06-18 | [Deforestation in Amazon, MEPs call on EU not to be complicit in it \| AGENCE EUROPE](https://feedsoft.ai/events/52640-deforestation-in-amazon-meps-call-on-eu-not-to-be-complicit-in-it-agence-europe.md) | -0.4% | -0.3% |
| SBM | 2018-11-09 | [Denmark leading the way against deforestation in the EU - The Copenhagen Post](https://feedsoft.ai/events/62076-denmark-leading-the-way-against-deforestation-in-the-eu-the-copenhagen-post.md) | -0.2% | +0.6% |

## Sources

- agenceurope.eu: https://agenceurope.eu/en/bulletin/article/12519/11/fight-against-eu-induced-deforestation-requires-a-duty-of-care-according-to-draft-burkhardt-report

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.