What is the UK Environment Act?
The UK Environment Act is landmark legislation designed to address various environmental issues within the United Kingdom, including air and water quality, waste management, and biodiversity restoration. Enacted in 2021, the Act sets out a legal framework for environmental protection and the sustainable management of natural resources, establishing long-term legally binding environmental targets.
For supply chain traceability companies operating within or with the UK, the Environment Act introduces new requirements and challenges, particularly in ensuring compliance with due diligence obligations related to sourcing and environmental impact assessments.
The Act underscores the importance of traceability and transparency in supply chains, pushing companies towards more sustainable practices and greater accountability in their environmental impact.
Related terms
UK Environment Act
The UK Environment Act is landmark legislation designed to address various environmental issues within the United Kingdom, including air and water quality, waste management, and biodiversity restoration.
Proof of Authority
Proof of Authority (PoA) is a consensus mechanism used in secure digital ledger networks where transactions and block creation are validated by approved accounts, known as validators.
Wood Products
Wood Products refer to a wide variety of goods derived from trees and forests, including lumber, plywood, paper, furniture, and other items made from wood fibres. These products are integral to numerous industries and everyday life, offering benefits such as carbon sequestration, renewable material, and versatility.