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Golden Agri-Resources Partners with Verborg Group to Pilot SmartTrace EUDR Compliance System

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Golden Agri-Resources (GARPY) has initiated customer trials of its SmartTrace due diligence platform, designed to support compliance with the upcoming European Union Regulation on Deforestation-free Products (EUDR) effective December 30, 2025.

The first trial involved Verborg Group, involving a 9,500-metric-tonne palm oil shipment to their Netherlands refinery in February. The blockchain-powered platform integrates with EU TRACES system, providing enhanced visibility and security for due diligence data in complex commodity supply chains.

SmartTrace allows operators to track palm oil shipments to plantation level, with GAR achieving 100% traceability for its estates and 99% Traceability to Plantation for its Indonesian supply chain. The system generates detailed compliance reports for EUDR requirements, focusing on deforestation risk and legality verification.

Golden Agri-Resources (GARPY) ha avviato prove con i clienti della sua piattaforma di due diligence SmartTrace, progettata per supportare la conformità con il prossimo Regolamento dell'Unione Europea sui Prodotti Libero da Deforestazione (EUDR), che entrerà in vigore il 30 dicembre 2025.

La prima prova ha coinvolto il Verborg Group, con una spedizione di olio di palma di 9.500 tonnellate metrichi verso il loro impianto di raffinazione nei Paesi Bassi a febbraio. La piattaforma basata su blockchain si integra con il sistema EU TRACES, fornendo maggiore visibilità e sicurezza per i dati di due diligence nelle complesse catene di approvvigionamento delle materie prime.

SmartTrace consente agli operatori di tracciare le spedizioni di olio di palma fino al livello delle piantagioni, con GAR che raggiunge il 100% di tracciabilità per le sue proprietà e il 99% di tracciabilità fino alla piantagione per la sua catena di approvvigionamento indonesiana. Il sistema genera report dettagliati di conformità ai requisiti dell'EUDR, concentrandosi sul rischio di deforestazione e sulla verifica della legalità.

Golden Agri-Resources (GARPY) ha iniciado pruebas con clientes de su plataforma de debida diligencia SmartTrace, diseñada para apoyar el cumplimiento del próximo Reglamento de la Unión Europea sobre Productos Libres de Deforestación (EUDR), que entrará en vigor el 30 de diciembre de 2025.

La primera prueba involucró al Verborg Group, que consistió en un envío de 9,500 toneladas métricas de aceite de palma a su refinería en los Países Bajos en febrero. La plataforma impulsada por blockchain se integra con el sistema EU TRACES, proporcionando mayor visibilidad y seguridad para los datos de debida diligencia en complejas cadenas de suministro de materias primas.

SmartTrace permite a los operadores rastrear los envíos de aceite de palma hasta el nivel de plantación, logrando GAR un 100% de trazabilidad para sus fincas y un 99% de trazabilidad hasta la plantación para su cadena de suministro indonesia. El sistema genera informes de cumplimiento detallados para los requisitos del EUDR, centrándose en el riesgo de deforestación y la verificación de la legalidad.

Golden Agri-Resources (GARPY)는 다가오는 유럽연합의 산림 파괴 없는 제품에 대한 규정 (EUDR) 준수를 지원하기 위해 설계된 SmartTrace 실사 플랫폼의 고객 시험을 시작했습니다. 이 규정은 2025년 12월 30일부터 시행됩니다.

첫 번째 시험은 Verborg Group와 관련이 있으며, 2월에 네덜란드 정유소로 9,500미터 톤의 팜유 선적이 포함되었습니다. 블록체인 기반 플랫폼은 EU TRACES 시스템과 통합되어 복잡한 원자재 공급망에서 실사 데이터에 대한 가시성과 보안을 향상시킵니다.

SmartTrace는 운영자가 팜유 선적을 플랜테이션 수준까지 추적할 수 있게 하며, GAR는 자산에 대해 100%의 추적 가능성을 달성하고 인도네시아 공급망에 대해 플랜테이션까지 99%의 추적 가능성을 달성했습니다. 이 시스템은 EUDR 요구 사항에 대한 상세한 준수 보고서를 생성하며, 산림 파괴 위험 및 합법성 검증에 중점을 둡니다.

Golden Agri-Resources (GARPY) a lancé des essais clients de sa plateforme de diligence raisonnable SmartTrace, conçue pour soutenir la conformité avec le prochain Règlement de l'Union Européenne sur les Produits Sans Déforestation (EUDR), qui entrera en vigueur le 30 décembre 2025.

Le premier essai a impliqué le Verborg Group, avec une expédition de 9 500 tonnes métriques d'huile de palme vers leur raffinerie aux Pays-Bas en février. La plateforme alimentée par blockchain s'intègre au système EU TRACES, offrant une visibilité et une sécurité accrues pour les données de diligence raisonnable dans des chaînes d'approvisionnement de matières premières complexes.

SmartTrace permet aux opérateurs de suivre les expéditions d'huile de palme jusqu'au niveau des plantations, GAR atteignant 100 % de traçabilité pour ses domaines et 99 % de traçabilité jusqu'à la plantation pour sa chaîne d'approvisionnement indonésienne. Le système génère des rapports de conformité détaillés pour les exigences de l'EUDR, se concentrant sur le risque de déforestation et la vérification de la légalité.

Golden Agri-Resources (GARPY) hat Kundenversuche mit seiner SmartTrace Due-Diligence-Plattform initiiert, die darauf ausgelegt ist, die Einhaltung der bevorstehenden EU-Verordnung über deforestationsfreie Produkte (EUDR) zu unterstützen, die am 30. Dezember 2025 in Kraft tritt.

Der erste Versuch betraf die Verborg Group, bei dem im Februar eine Lieferung von 9.500 metrischen Tonnen Palmöl an ihre Raffinerie in den Niederlanden stattfand. Die blockchain-basierte Plattform integriert sich mit dem EU TRACES-System und bietet verbesserte Sichtbarkeit und Sicherheit für Due-Diligence-Daten in komplexen Rohstofflieferketten.

SmartTrace ermöglicht es den Betreibern, Palmöl-Lieferungen bis zur Plantagenebene zu verfolgen, wobei GAR 100% Rückverfolgbarkeit für seine Güter und 99% Rückverfolgbarkeit zur Plantage für seine indonesische Lieferkette erreicht. Das System erstellt detaillierte Compliance-Berichte für die Anforderungen der EUDR, wobei der Schwerpunkt auf dem Risiko der Abholzung und der Überprüfung der Rechtmäßigkeit liegt.

Positive
  • Launch of blockchain-powered compliance platform ahead of EUDR implementation
  • Strategic partnership with Verborg Group for European market expansion
  • 100% traceability achieved for company-owned estates
  • 99% Traceability to Plantation for Indonesian supply chain
Negative
  • trial phase only - full implementation pending
  • Complex compliance requirements may impact operational costs
  • Blockchain-powered SmartTrace platform is designed to integrate with EU TRACES system, supporting EUDR due diligence for operators. 
  • Limited trials have been launched as part of GAR's efforts to help customers prepare for EUDR implementation.

UTRECHT, Netherlands, March 6, 2025 /PRNewswire/ -- Golden Agri-Resources (GAR) has launched limited customer trials for its SmartTrace due diligence platform, as part of a broader programme to support compliance with the incoming European Union Regulation on Deforestation-free Products (EUDR), set to take effect on 30 December 2025.

Among the first customers to pilot the SmartTrace system is Verborg Group, which operates a state-of-the-art tropical oil refinery in Farmsum, the Netherlands. GAR and Verborg Group established a strategic partnership for tropical oil supply in early 2024 to bring high-quality, traceable and deforestation-free oils to customers across Europe.

The trial involved a shipment of 9,500 metric tonnes of palm oil products delivered to Verborg Group's refinery in late February. This shipment is 100% traceable to the plantations where it was grown in Indonesia and is part of ongoing tests of compliance systems and processes ahead of EUDR implementation.

Goedhart Borgesius, Director of Verborg Group, emphasised the importance of the trial to reassure European buyers about EUDR preparations: "We recognise the responsibility we have to our customers to provide sustainably-produced, high quality and deforestation-free tropical oils. This shipment marks a milestone in our ability to demonstrate these attributes and offer our customers confidence that they are helping to eradicate deforestation risk from the tropical oil supply chain."

Enhancing Trust in Complex Supply Chains

The EUDR mandates that operators importing selected commodities into the EU provide detailed due diligence reports confirming these products are free from deforestation risk and are produced in accordance with local laws. 

GAR's SmartTrace platform is designed to provide enhanced visibility and security for this due diligence data, enhancing trust and transparency in complex commodity supply chains.

The web-based platform gives operators unprecedented oversight of their entire palm oil supply chain. The system can track each constituent part of a palm oil shipment down to plantation level, giving users an end-to-end view of product sourcing that is authenticated using blockchain technology.

SmartTrace builds on a decade of investment into supply chain traceability from GAR. The company can trace 100% of the palm produced on its estates to plantation level and has extended Traceability to the Plantation (TTP) to 99% of its total palm oil supply chain in Indonesia. Supply of soy, sugar, coconut and sunflower oil are also 100% Traceable to the Mill.

Addressing Emerging Compliance Needs

In addition to showing where palm products have been produced and traded, the system provides critical information and analysis to support buyers' compliance with incoming regulations.

Companies and traders using the system will be able to produce detailed reports that address vital requirements for EUDR compliance including due diligence and risk mitigation status for deforestation and legality. These reports are tailored to integrate with the EU's TRACES platform, providing customers with the necessary information to complete their due diligence statements efficiently.

Maarten van der Hoeven, GAR's Head of Europe and LatAm, explained the advantages of the system: "By digitising the due diligence process, SmartTrace helps our customers to collect, manage and share the data needed to meet EUDR requirements. In a complex supply chain where compliance data for one shipment can contain millions of data points, we want to ensure our customers can access accurate, efficient and trusted data to demonstrate their palm oil is deforestation-free."

Beyond the EUDR, SmartTrace is also adaptable to other regulatory frameworks and complex data and reporting requirements.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/golden-agri-resources-partners-with-verborg-group-to-pilot-smarttrace-eudr-compliance-system-302391335.html

SOURCE Golden Agri-Resources

FAQ

What is the significance of GARPY's SmartTrace platform for EUDR compliance?

SmartTrace digitizes due diligence processes, enabling tracking of palm oil shipments to plantation level and generating compliance reports for EU's deforestation regulations.

How much palm oil was involved in GARPY's first SmartTrace trial with Verborg Group?

The initial trial involved 9,500 metric tonnes of palm oil products delivered to Verborg's refinery in February 2025.

What is GARPY's current traceability percentage for palm oil supply in Indonesia?

GARPY achieves 99% Traceability to Plantation for its Indonesian palm oil supply chain and 100% traceability for its own estates.

When will the EU Regulation on Deforestation-free Products (EUDR) take effect for GARPY?

The EUDR will take effect on December 30, 2025, requiring companies to provide detailed due diligence reports on deforestation-free products.
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