The Balance Between REACH and Public Disclosure: Emerging Trends in the EU
AMSTERDAM, The Netherlands – As European companies prepare to meet ongoing and new REACH registration requirements, one emerging theme being discussed at this week’s ChemCom Europe conference is having the ability to accurately trace and verify products and their components throughout the entire supply chain network.
Companies in the European Union (plus Iceland, Lichtenstein & Norway – also covered by REACH) are also battling concerns about how much information (i.e. intellectual property) they are willing to proactively disclose and how much impact compliance will have on business continuity.
REACH regulations are designed to improve the protection of humans and environment from the risks that can be posed by chemicals. It also promotes alternative methods for hazard assessment of substances in order to reduce the number of tests on animals.
Source Intelligence team members Jay Saling, Ethical Sourcing Specialist, and Steffan Kilmer, EU Sales Director, have been meeting this week in Amsterdam with industry thought leaders and key stakeholders to address emerging trends and to offer scalable approaches to achieve successful compliance programs.
Source Intelligence®, a global network of businesses connecting supply chains, is currently working with hundreds of companies across the EU to trace and provide reports on Substances of Very High Concern (SVHCs) and other elements covered under REACH. Source Intelligence has built the world’s largest supplier data base, which is allowing companies to simplify their registration responsibilities, more accurately report SVCH free products, and meet the strict chemical regulations imposed in the EU.
Source Intelligence is attending ChemCon and will provide additional intelligence and updates from the conference.