Key Takeaways
- 48 new sub-products added to TRACT’s platform, expanding coverage to cotton, sugarcane, sugar beet, timber, and paper products.
- Increased traceability for companies managing multiple commodities within a single platform.
- Supports compliance with deforestation-free commitments and regulatory frameworks such as NDPE and EUDR.
- Enhanced risk assessments to help businesses evaluate supply chain risks and investment opportunities.
- Future updates will introduce 41 additional sub-products.
Expanded Commodity Coverage for Supply Chain Management
TRACT has expanded its traceability platform to include 48 new sub-products across cotton, sugarcane, sugar beet, timber, and paper products. This update builds on its existing support for cocoa, coffee, palm, and soy, broadening its coverage for businesses looking to track supply chains and meet compliance requirements.
The addition of these commodities is intended to help suppliers, FMCG brands, and retailers consolidate sustainability performance tracking within a single platform.
Platform Enhancements for Users of TRACT
With the latest update, TRACT provides:
🔍 Supply Chain Traceability
- Enables data collection, linking, and visualization of product flows across multiple commodities.
- Supports companies in tracking and reporting sustainability initiatives more efficiently.
🌱 Compliance with Sustainability Regulations
- Assists businesses in aligning with zero deforestation policies and industry-endorsed Deforestation Assessment Methodologies.
- Helps meet regulatory requirements such as NDPE (No Deforestation, No Peat, No Exploitation) and EUDR (EU Deforestation Regulation).
📊 Risk Assessments and Investment Analysis
- Provides tools for assessing supply chain risks related to sustainability and regulatory frameworks, including CSDDD (Corporate Sustainability Due Diligence Directive).
- Supports businesses in identifying potential areas for investment and compliance improvements.
Upcoming Updates On TRACT’s Platform
TRACT plans to introduce 41 additional sub-products as part of its ongoing expansion. Future enhancements will focus on supply chain transparency and regulatory compliance for a wider range of commodities.
