Responsible Timber Exchange Trading Platform

TRADE LEGAL AND CERTIFIED TIMBER

Source legal and sustainable timber products from all over the world, meeting the requirements of the European Union (EU TR) and the US (Lacey Act), and contributing to the FLEGT Action Plan. BVRio is part of the Key Account programme of the Forest Stewardship Council^® - Look for FSC^® certified products on our platform.

DUE DILIGENCE PROCESS

BVRio Due Diligence and Risk Assessment system assists you to evaluate the supply chain of each timber consignment traded, facilitating compliance with the EU Timber Regulation and the US Lacey Act.

Gather information about the timber you have acquired, including country of source, supplier, species, and documentation.
Risk assessment of the timber product and its supply chain. BVRio's system was designed specifically to guide you through this process. Start a risk assessment.
Risk mitigation. If risk of illegality is identified, measures need to be put in place to minimize it, including obtaining additional information and/or engaging third party verification.

To prepare yourself for conducting a due diligence, consult BVRio's Due Diligence Guides.

Additional information for points 1 and 3 above can be found in NEPCon Sourcing Hub, WRI Open Timber Portal, or the European Sustainable Tropical Timber Coalition.

COMPLEMENTARY SERVICES

Contract additional services to add value to transactions.

Quality Control

Conducted by experienced timber classifiers.

Field Audits

Engage specialized forest auditors to verify your chain of custody and assist you in the due diligence of your timber products.

Receivable Finance

Accounts receivable finance using your timber supply contracts as collateral.

Exporting and Logistics

Contract for all integrated logistics, exporting process and dispatch and handling from specialized service providers.

Contact BVRio for more information | timber@bvrio.org

DUE DILIGENCE AND RISK
ASSESSMENT METHODOLOGY

Depending on data availability, the due diligence process is based on cross checking official documentation, external data sources, and satellite imagery. In the case of Brazil, the system is based on big data analysis and conducts over 2 billion cross-checks of multiple databases updated on a daily basis (see report).