Partnerships
Monro Taps Finboot's MARCO Platform to Automate EU Deforestation Compliance
By News Desk ·
Key takeaways
- Monro partnered with Finboot to use the MARCO Track & Trace platform for EU Deforestation Regulation compliance across paper and packaging supply chains.
- The platform will collect geolocated supplier data, assess deforestation risk and file Due Diligence Statements to the EU TRACES system.
- Large and medium operators must comply with EUDR by December 30, 2026.
Monro has partnered with Finboot to use its MARCO Track & Trace platform for EU Deforestation Regulation compliance across paper and packaging supply chains, according to EIN Presswire. The platform will collect supplier data, assess deforestation risk and file due diligence statements before the rules take effect for large and medium operators on December 30, 2026.
How Monro Will Use MARCO for EUDR
Monro, a UK-based premium packaging specialist with operations across Europe, will use Finboot's MARCO Track & Trace platform to manage supplier data collection, deforestation risk checks and EU reporting. The platform will handle Due Diligence Statements for the EU's TRACES system. Monro will use MARCO to gather verified, geolocated supplier data, and the platform will assess and monitor deforestation risk across Monro's supply chain. MARCO will keep a full audit trail for regulators and customers.
Monro has supplied FSC-certified, responsibly sourced packaging to retail and cosmetics brands since 1985. Monro says the system will help the company manage EUDR compliance and give customers more confidence in its products. Finboot said MARCO is also used to support compliance with regulations including EUDR and CBAM.
Finboot positioned early compliance planning as the smarter option versus a last-minute scramble, according to the report. Monro's move suggests packaging firms are starting to embed regulatory traceability into normal operations rather than treating it as a separate reporting task.
Finboot's Track Record in Supply Chain Traceability
Finboot is a UK-based software company selling MARCO, a low-code/no-code blockchain-agnostic platform for supply chain traceability and ESG compliance, to large enterprises in Oil & Energy, Chemicals, Steel, Aviation, and Fashion, according to akta.pro company records. The company was founded in 2016 and is headquartered in London. Finboot has raised GBP 2.6 million in a funding round co-invested in by the Development Bank of Wales, Repsol, and New Look founder Tom Singh, and has six funding rounds on record. In March 2026, Finboot signed a 12-month partnership with Acelen Renewables to deploy MARCO Track & Trace with blockchain tokenization for sustainable aviation fuel and renewable diesel traceability from macauba biomass in Brazil, with operations targeted for 2028. SABIC partnered with Finboot for a blockchain pilot focused on circular feedstock, demonstrating the use of MARCO for sustainability verification in the chemicals sector.
Testing MARCO and Monro's Next Steps
Paper, packaging and pulp companies can request a demo and test MARCO on their own supply chain at Finboot's EUDR page. More information about Monro is available at Monro's website. The compliance deadline for large and medium operators remains December 30, 2026.