15 Nov 2023 --- The palm oil industry is largely unprepared for the EU’s incoming Deforestation Regulation (EUDR), according to a new assessment by the Zoological Society of London (ZSL). The conservation charity warns the industry has a traceability gap, which puts businesses at risk of legal penalties and market exclusions, despite wide-scale anti-deforestation pledges. Published yesterday, the latest SPOTT assessment confirms over two-thirds of the top 100 global palm oil companies have committed to zero deforestation ahead of the EUDR’s December 2024 rollout.