Evonik is one of the world’s largest specialty chemicals companies with a presence in over 100 countries, serving customers worldwide.

Oil & gas operators face growing regulatory and commercial pressure

Compliance

As global standards such as OGMP 2.0, CBAM, and new domestic reporting rules raise the bar on emissions accountability, operators face growing pressure to deliver proof of performance.

Market Access

Verified emissions data is now the foundation for compliance, global market access, and future revenue in LNG and renewable fuels.

Financial Risk

Reliance on estimates increases exposure to fines, reputational damage, and lost opportunities in LNG and premium fuel markets.

Learn more about this case

EUDR forces chemical companies to prove palm oil is deforestation-free, but poor supplier data, siloed systems, and limited visibility put compliance and reputation at risk. Without automation and integration, generating Due Diligence Statements becomes a manual, error-prone process; slowing operations and increasing exposure to regulatory penalties.

Evonik set out to streamline EUDR compliance by adopting a digital traceability system with end-to-end visibility across its palm oil supply chain. It needed a solution to automate DDS collection from suppliers, verify geolocation-based deforestation risk, integrate with internal systems, trace production processes, and submit its own DDS. With MARCO Track & Trace, Evonik aimed to move from reactive compliance to a proactive, auditable approach that supports both efficiency and long-term sustainability.

Book a meeting

How MARCO + Track and Trace helped EVONIK

Blockchain-Powered Traceability

MARCO Track & Trace monitors every shipment from origin to final product, all in one platform.

Automated Due Diligence Statements

Generate and submit DDS to the EU system with minimal manual input.

Integrated Geolocation & Risk Analysis

Verify deforestation risk using satellite imagery and GeoJSON data. And perform annual supplier risk assessments

Book a meeting

Supplier portals and ERP integrations

Engage upstream partners, through intuitive web portals. Seamlessly sync with internal systems for streamlined operations.

Implementation Process

Finboot worked closely with Evonik to configure a bespoke traceability ecosystem within MARCO, tailored to EUDR requirements. The solution was integrated with internal systems and rolled out in phases, including supplier onboarding and end-user training.

Key Issues Overcome

Evonik addressed the challenge of EUDR compliance head on. Readying their process with audit-ready reporting well ahead of the regulatory deadline.

Results Achieved

Evonik now has a scalable, fully digital process to meet EUDR obligations across its palm oil supply chain. A solution expanding across their organization to fulfil other regulatory and commercial requirements.

Finboot has proven that its solution provides efficient data orchestration, encompassing the integration of external data, enrichment with internal data, and linking to EU databases and geolocation applications. This significantly simplifies the process of meeting regulatory requirements, particularly in the context of the EU Deforestation Regulation.

Heinz-Günter L.
Digital Strategist
Evonik

Evonik is expanding its use of MARCO Track & Trace to drive Green Supply Chain management and Green Deal compliance across its product portfolio. Get in touch with our team to learn more about the Finboot–Evonik partnership and what it could mean for your business.

Due Diligence: Mastering EUDR Risk Assessment

Our ebook breaks down the Risk Assessment stage, how to spot & manage risks using tech for transparency.

Watch it

EU Deforestation Regulation (EUDR) Playbook

Learn how digital traceability can streamline compliance, mitigate risks, and unlock sustainability opportunities.

Learn more